How to hire a top bookkeeper: a comprehensive guide

how to hire a bookkeeper

A professional in this role can efficiently organize and manage these tasks, providing you with the breathing space to focus on growing your business. Inquiring about a bookkeeper’s experience provides valuable insights into their background and expertise. Understanding the industries, they’ve worked in and the size of businesses they’ve handled gives you a clear picture of their suitability for your specific needs. For small businesses looking to hire a bookkeeper or an online bookkeeper, understanding these simple but crucial tasks can help in finding the right person for the job. A bookkeeper’s role is like the financial backbone of a business, making sure everything adds up correctly.

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Once you treat the time you spend bookkeeping as an actual expense in cash, you’ll have a better idea of whether you should keep doing it. In-house accounting, on the other hand, gives you peace of mind knowing that someone you know and trust is handling your books and financials. The only drawback of paying a full-time accountant is that you may need to offer them employee benefits.

What do bookkeepers do?

how to hire a bookkeeper

That’s especially important if you have employees, lenders, or investors. As we’ve covered in this guide, a bookkeeper is highly valuable to a small business and can provide more services than just financial recording and compliance. Often a bookkeeper will specialize in a particular industry, so it pays to ask them about this so that they can add even more value. Make sure that you get the best out of your business by hiring a bookkeeper to help you along your journey. Ideally the accounting software should be cloud-based, which means it’s accessed online.

  • For small businesses looking to hire a bookkeeper or an online bookkeeper, understanding these simple but crucial tasks can help in finding the right person for the job.
  • Access Xero features for 30 days, then decide which plan best suits your business.
  • After learning about what they do and figuring out the right questions to ask, you can tell when it’s time to bring one on board.
  • In-house accounting, on the other hand, gives you peace of mind knowing that someone you know and trust is handling your books and financials.
  • When manually doing the bookkeeping, debits are found on the left side of the ledger, and credits are found on the right side.

Which industries have you worked in? Can you describe your previous experience as a bookkeeper?

You might, for instance, attract hundreds of applications that don’t know how to use the specific bookkeeping software that your organization uses. This will increase the time it takes to hire the ideal bookkeeping candidate for your organization. When finding a bookkeeper for your small business, you need someone who is trustworthy and able to keep your company’s financial details confidential. You can opt to https://www.bookstime.com/ hire a full-time bookkeeper, but many small businesses start by using a contractor until they grow into needing an employee on staff. If you’re racing to get your books prepared for tax season and you feel generally behind on your taxes, you may want to hire a bookkeeper to handle that for you. If you don’t have your books clean and your financial records organized, you’ll have a harder time filing your taxes.

how to hire a bookkeeper

She has a deep passion for technology and a keen understanding of the HR and payroll industry. Throughout her career, she has diligently stayed up-to-date with the latest advancements in HR and payroll software, constantly exploring new features, trends, and emerging technologies. Our intuitive platform is designed for business owners, not accountants.

  • You might, for instance, attract hundreds of applications that don’t know how to use the specific bookkeeping software that your organization uses.
  • Tax-ready financial statements from a bookkeeper can help you recognize where you need to cut costs in order to make your business more profitable.
  • Make sure your job ad includes a few brief sentences about your company.
  • Traditionally, local bookkeepers have been the first choice for small businesses.
  • An in-house bookkeeper has advantages like real-time financial insights since they access data on sight.
  • Medium to large enterprises need one for budgeting and forecasting.

You should have a specialized bookkeeper on staff if your bookkeeping involves more tough or challenging components. This is also a great time to explain your specific business and needs. You can also lay out your preferences for working together, including communication, availability, how to hire a bookkeeper and invoicing. Personal preference plays a role here — while one entrepreneur might love a bookkeeper’s enthusiastic email communication, another might prefer brief, direct notes. There are crucial skills a bookkeeper should have that aren’t backed by a certification.

While pricing starts at $149 per month, it may be difficult to predict how much Wave bookkeeping will cost your business. There are no publically available pricing tiers—you’ll have to book a call with Wave to get a quote. The Wave suite of apps manages tasks like invoicing, payroll, and accounting/bookkeeping for small business owners. During the hiring process, assess the candidate’s attention to detail by asking about their experience in identifying and correcting financial discrepancies. You might also present a task that requires being careful around financial data to check their precision and accuracy in delivering bookkeeping services.

Bookkeeping Tools and Software

  • They coordinate the activities of the lower-level bookkeepers and are ultimately responsible for the quality of the books.
  • And our recruiters are well-versed in helping companies hire remote workers.
  • Full-Service Bookkeeping offers dedicated bookkeeping support including cleanup of your past books and ongoing bookkeeping, all done for you.
  • We have mentioned that communication is critical for your bookkeeper candidates.
  • As businesses increasingly embrace virtual solutions, the skills possessed by a virtual bookkeeper become invaluable.
  • This will increase the time it takes to hire the ideal bookkeeping candidate for your organization.

The software a bookkeeper is comfortable using is crucial for seamless integration with your existing financial systems. Familiarity with popular tools like QuickBooks or Xero is beneficial and ensures a smooth workflow. Bookkeepers put together reports that show how well the business is doing financially.

Small Business Bookkeeping (2024 Guide)