Bookkeepers are an important part of any business. We’d go so far as to say they could help make or break your company. Making sure you take the time to hire the right person for the job is important.
So, just how do you find the right bookkeeping services Sydney CBD professionals are offering?
Follow the below tips for advice.
- Efficient, Organised and Process-Driven
The right bookkeeper for you is one that understands your industry, your requirements and your business processes so they can get stuck into the task at hand. They make sure your processes are streamlined, as well as theirs, to provide timely reporting and meet necessary deadlines.
The right bookkeeper will be dedicated to the financial success of your business, have an eye for detail and care about keeping your books error free and current.
- Trust and Ethics
Both you and the bookkeeper need to be comfortable with each other, so you can build a trustworthy professional relationship. It’s important that you give your bookkeeper all the right information, so they can keep accurate records for you.
However, you should also make sure that your business is protected. For example, your bookkeeper should never need access to the company’s bank accounts. They can certainly prepare a supplier payment file, but it is you as the business owner that should process payments.
What’s more, whenever new suppliers are created, there ought to be checks in place to ensure the account being paid is the real deal and that the bills are legitimate.
- Technical Know-How
Current software knowledge is essential. Bookkeepers who know how to use online accounting software are better able to automate a wide range of processes and reduce time spent on data entry. Further, cloud-based systems help your bookkeeper keep your business’s accounts up to date and it lets you identify any issues and make decisions much quicker.
It is important to keep the lines of communication open between you and your bookkeeper. He or she should be aware of business operations, issues and goals so as to effectively do their job. The ideal candidate will be able to enhance relationships with staff, managers, customers and even suppliers.
The right bookkeeper for your business will ask the right questions. He or she will also be happy to share ideas when it comes to financial planning, ways of increasing your bottom line, budgeting, cash flow and a range of other cost-saving strategies that can improve business performance. With a decent understanding of your business and your financial position, a bookkeeper can help your business grow while effectively keeping costs down.
Most of important of all, a good bookkeeper will continue to train, certify and upskill. Those who are registered with boards will be required to have the necessary training, learning and qualifications in certain areas, especially when it comes to tax.
Employing the right bookkeeper for your company takes away the stress of dealing with the books yourself. He or she should be able to render your business more profitable and keep up to date with accurate financial information.