Most Common Bookkeeping Service Questions
Bookkeeping is not always the most exciting part of running a business. But it’s absolutely vital when you want to keep your company’s finances in check and make sure you can stay on track for your goals. Without proper bookkeeper or bookkeeping process, you may also find yourself in a difficult position when tax season rolls around, which can be very stressful.
To keep this from happening, small business owners turn to accounting professionals to take the huge weight of the books off their shoulders. This allows you to go back to focusing on all of the other (more exciting) things that require your attention, like scaling your business.
If you’re on the fence about hiring a bookkeeper, you might naturally have some questions. With that in mind, here are some of the most common bookkeeping service questions answered!
What Does a Bookkeeper Do?
Bookkeepers are responsible for some or all of your company’s financial accounts. They record and document all transactions, including expenses and revenue. They create financial statements and other types of reports to facilitate financial planning, budgeting, and tax preparation.
How Familiar is a Bookkeeper with Industry-Specific Details?
Some bookkeeping service providers are specialized in certain industries, while others offer more general knowledge. Regardless, it’s totally okay as long as they have the expertise and certifications necessary to get the job done.
Keep in mind, however, if a bookkeeper is not familiar with your sector, there may be a learning curve for them to get more comfortable with your business.
Don’t hesitate to ask them if they have worked with clients in a similar industry. If they have, they may have ideas to bring to the table when it comes to some of the common bookkeeping challenges related to that industry
How Do Bookkeepers Keep in Touch with Their Clients?
In the first few months of your partnership with your bookkeeper, you will likely have to communicate pretty regularly. Once they get used to your business and how you operate, they typically won’t require so much of your time. However, they will keep in touch with you on a consistent basis to keep you informed.
Good accountants should be effective communicators. They should value your time as a business owner. Make sure to let them know your preferred way of communicating, whether it’s by email, phone calls, or text.
Is It Safe to Share Your Business Information with Your Bookkeeper?
Sharing your company’s financial information with a bookkeeper might naturally be something that worries you, so make sure to hire a professional you know you can trust. Don’t hesitate to ask questions to get a good feel for their integrity. You can also ask for references from past clients.
Regardless, accountants are responsible for always acting in the client’s best interest. Your accountant has to obey a certain code of ethics. They are not allowed to share your information with anyone without your consent.
How to Find the Right Bookkeeping Service Provider
Finding the right bookkeeper for your business doesn’t have to be complicated. Great bookkeepers are passionate about their work. They should understand your company’s vision, mission, and goals, and provide insight that can help you to drive your business forward.
Essentially, a great bookkeeper will be an extension of your team. They will contribute to your success. If that’s what you’re looking for, Stratlign is here for you.
Reach out to us now to learn more about our comprehensive bookkeeping service options, growth, and back-office accounting packages. We would love to take the tedious bookkeeping tasks off your plate!
Get Help from the Financial Experts at Stratlign
At Stratlign, our team is composed of growth-driven accountants that will help you throughout your journey to success. From bookkeeping to financial forecasting and strategy advising, we can fulfill all of your accounting needs, walk you through growth and expansion, and help to give your business the competitive edge that you need. Reach out to us now by giving us a call or filling out our easy-to-use contact form.