Choosing A Bookkeeper - PowerPoint PPT Presentation

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Choosing A Bookkeeper

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Bookkeeping is something that many business owners take on themselves, particularly when their business is new and trying to find its feet. Business may be slow in those initial stages, affording them ample time to learn the necessary aspects of basic accounting and bookkeeping; skills that are always useful to any business owner. – PowerPoint PPT presentation

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Title: Choosing A Bookkeeper


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Choosing A Bookkeeper
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  • Bookkeeping is something that many business
    owners take on themselves, particularly when
    their business is new and trying to find its
    feet. Business may be slow in those initial
    stages, affording them ample time to learn the
    necessary aspects of basic accounting and
    bookkeeping skills that are always useful to any
    business owner.

3
  • But as their business picks up and their customer
    base grows, most company owners find that they no
    longer have the time to spend doing such work,
    particularly as the growth of the business
    generates more and more paperwork and requires
    more and more numbers to be crunched. Then it is
    time to employ a bookkeeper whether on a full or
    part time basis, their services will prove
    invaluable, and a good bookkeeper will be a sound
    investment for both business and owner.

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  • Firstly, calculate how many hours you would need
    a bookkeeper to work?
  • If you have been doing your own bookkeeping until
    this point, calculate as accurately as you can,
    how many hours you have spent doing it. Was this
    enough time to get all of the work completed, or
    did you need longer?

5
  • While a bookkeeper will undoubtedly prove an
    invaluable asset to your business, if you think
    you will only need one on a part time basis to
    begin with, then employing one on a full time
    basis would obviously not be cost effective. On
    the other hand, if they are not able to complete
    all of their work in this time, then your
    business will naturally begin to suffer, as your
    records will not be up to date, financial reports
    will not be timely and your staff may not get
    paid on time.

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  • How do you go about choosing a bookkeeper for
    your business?
  • While there may be a vast array of qualified and
    experienced bookkeepers out there, finding the
    right one for your business is essential. You
    will need to be able to demonstrate exactly what
    you expect of a bookkeeper, in order to find one
    that matches your requirements

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  • What tasks would you like them to perform for
    you?
  • Can they work remotely or do you need them to
    remain on site?
  • Should your bookkeeper have relevant experience
    of the industry that your business operates in?
  • Would you prefer them to have a good working
    knowledge of labor laws, so that your business
    complies with payroll?
  • What financial reporting do you need them to
    carry out?

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  • It may also go without saying, but dont forget
    to thoroughly check their professional
    credentials prior to hiring them, and try to find
    out if any other local business owners have had a
    positive or negative experience with them. Being
    able to establish a sound working relationship
    with your bookkeeper could also prove crucial to
    the success of your business you will need to be
    able to communicate with each other as often as
    is necessary, and liking your bookkeeper just may
    make things easier!

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  • At Heyer Associates, we proactively assist our
    individual and small business clients in meeting
    their goals. Our key area of focus is ensuring
    that our clients remain compliant with federal
    and state tax laws by providing them with high
    quality accounting and tax preparation service in
    Coral Gables. If you are looking for bookkeeping
    services in Miami, FL, Heyer Associates would
    be a right option.
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