Outsourcing your bookkeeping is a big deal – you know it’s the right thing for your business and your sanity, but where do you start?
A personal referral is by far the best place to start – if you have a trusted friend or business acquaintance who can recommend someone they have worked with you are off to a great start!
Someone with experience in the industry is hugely important. A bookkeeper with experience and knowledge in accounting can make a huge difference when it comes to passing records to an accountant. A tidy set of books handed over at year end takes the stress out of tax return time. (Not sure what’s the difference between an accountant and a bookkeeper? Have a look here)
Relevant qualifications, licenses and insurance should also be seriously considered. Bookkeepers can be qualified and licensed by a number of professional bodies (AAT, IAB to name 2) but should always have professional indemnity insurance as well as Anti Money Laundering cover – for their own protection as well as yours.
Finally, once you are happy with the above you need to be able to trustyour bookkeeper. You should feel comfortable with them, feel you can ask questions and seek advice from them.
We understand the huge step outsourcing this integral part of your business can be, we also believe it is an affordable and viable option for many small businesses.
We offer no obligation consultations to discuss your bookkeeping needs – however big or small, so contact us to arrange a coffee or chat.