Every small business owner should take bookkeeping very seriously, but not every owner has experience with accounting. Hiring a qualified bookkeeper is one of the first tasks you should accomplish, as they will help with a variety of services, including data entry for deposits and checks, credit card reconciliation, full payroll service, and much more! Continue reading to learn four tips for hiring a qualified bookkeeper for your business.
First and foremost, you need to hire a bookkeeper who is familiar with your job industry. While the fundamentals of bookkeeping are the same across all industries, different sectors require different specifics. For example, in the construction industry, job costing is required to understand productivity, but the retail industry focuses on the aspects that relate to inventory.
A bookkeeper should be someone who will keep you accountable and isn’t afraid to ask questions. If you have deposits or checks that your bookkeeper isn’t sure about, they should ask questions to keep you accountable to ensure accurate record keeping. If not, they may end up coding everything as miscellaneous, which is not good for a business.
The right bookkeeper is a person who has a basic understanding of accounting, and ideally, a few years of experience. A bookkeeper is different from an accountant, as most accountants have more training and can perform an in-depth analysis, but a bookkeeper should at least know the difference between expense accounts, equity income, and the cost of goods sold.
Bookkeepers now keep records on computers rather than books, so you should be hiring a professional with experience using programs such as QuickBooks. When hiring your bookkeeper, it’s important to ask a few questions to ensure you are working with a competent person.
At The Harding Group, we have bookkeepers on staff and are capable of providing bookkeeping and payroll services without outsourcing or charging full CPA rates. We offer extremely competitive rates and offer a wide range of services, including QuickBooks training and support, sales tax calculation and payment, and more- including accounting services. Call today to learn more about our professional bookkeeping services and receive a free consultation!
trust the professionals at the Harding group
Unlike other accounting firms, The Harding Group, located in Annapolis, MD, will never charge you for emails or phone calls and will strive for open communication with our clients. Whether you are interested in business advising, tax preparation, bookkeeping and accounting, payroll services, Training + support for QuickBooks, or retirement planning, we have the expertise and years of experience to help. We serve clients in Annapolis, Anne Arundel County, Baltimore, Severna Park, and Columbia. If you are ready to take the stress out of taxes, contact us online or give us a call at (410) 573-9991 for a free consultation. For more tax tips, follow us on Facebook, Twitter, YouTube, and LinkedIn.