Hiring a bookkeeper can be a tedious undertaking. However, knowing the right characteristics to look for can make the process less daunting. The following is a list of five important qualities to look for in a bookkeeper:
1. Tech Savvy
Software is becoming increasingly important in managing your books. Knowing how to properly use QuickBooks, for example, can save time and money in the future. Many bookkeepers may claim they are familiar with the accounting software you use; however, it is important they know how to properly use all software functions such as bank reconciliations, accounts receivable, and accounts payable.
2. Analytical and Thinks Ahead
Bookkeepers should be able to analyze certain information and financial reports and relate this information to your business. They should always be thinking ahead about “what-if” scenarios. For example, a good bookkeeper may be able to locate an area where your business can save money and use its resources more efficiently.
3. Must Enjoy What They Do
It is important to make sure that the person you are considering hiring enjoys working with numbers. If an employee is unhappy with their career choice, usually their performance suffers. Also, they may think of bookkeeping positions as a temporary means to an end. Bookkeepers work with sensitive information, and your goal as an employer should be to find a long-term bookkeeper who is trustworthy.
4. Detail Oriented
A good bookkeeper must be thorough and pay attention to the details. For example, when you make a sale, your bookkeeper should be able to track who the customer is, the terms of the sale, and how to properly record and document the sale.
5. Understands Tax Basics
Bookkeepers aren’t expected to have the Internal Revenue Code memorized; however, a very basic understanding of taxes is beneficial. For example, they should know the difference between a balance sheet and income statement. Your accounting and tax fees may decrease since your bookkeeper will be able to take over some of the responsibilities your CPA was previously handling.
ShindelRock can help you look for a bookkeeper. Please contact us [1] if you have any questions.