5 Tips for Hiring a GREAT Bookkeeper

Bookkeeping?the "dreaded" word is something we all have to worry about. Business owners rarely go into business to deal with the financial aspects of running a business. It's easy to understand why! Who wants to do all those boring record keeping functions? Not many. Therefore, one of the first things most entrepreneurs do is hire a bookkeeper. Though hiring a friend, relative or anyone who isn't experienced with the basics of bookkeeping may be a recipe for DISASTER!

You may have the best of intentions and they probably do to; however, you need to be objective when hiring a bookkeeper if you want a GREAT one!

5 Tips for Hiring a Great Bookkeeper:

1. KNOWLEDGEABLE. Make sure they have a basic understanding of accounting and how the "big" picture all fits together. The difference between an accountant and a bookkeeper is that an accountant will do more analysis and usually has additional training. So, while you may not need an accountant on staff, you do want someone who has a basic understanding of the difference between assets, liabilities, equity, income, cost of goods sold, and expense accounts.

2. AVAILABLE. Ensure that they will be available and dependable to keep your bookkeeping up to date. Your information should be input on a consistent basis so you can get reports in a timely manner. If they are trying to "squeeze" this function into their other responsibilities, they may not give it the focus they should.

3. ACCOUNTABLE. You want a bookkeeper that will keep you accountable. If they have checks or deposits that they are unsure of, you want them to be willing to hold you accountable and get good information for record keeping. You don't want someone who is going to code everything to "miscellaneous."

4. COMPETENT. You want to keep your books on a computer, not by hand. So ensure that your bookkeeper is competent in using a computerized bookkeeping program, like QuickBooks?. You want a full-service package that incorporates your budgeting, estimating, invoicing, job costing, bookkeeping, and reporting aspects all in one. Though it is key that they are competent enough to be able to input good information into the computer system.

5. FAMILIAR. Having a bookkeeper that is familiar with your industry will shorten the learning curve and provide better details. While the basic bookkeeping fundamentals are applicable to all industries, there are very different specifics needed for different industries. Construction companies rely on job costing to understand their profitability. While, retailers are focused on inventory aspects. Restaurant, non-profit, and service-based industries require different insights too. It's important to have some basic accounting knowledge, but ideally you want someone with industry familiarity.

7 Questions to include in your interviewing process:

1. What companies/industries do you have bookkeeping experience in?

2. What computer software programs are you familiar with? Word? Excel? QuickBooks?? Other?

3. How do you continue to improve your skills?

4. How do you trouble shoot when you have a problem?

5. What time management secrets do you use to ensure projects are completed on time?

6. What are the basic financial statements and why are they important?

7. How will they help you be accountable to the details of record keeping? Some feel uneasy about holding their boss "accountable", but that is exactly what you need!

Hiring employees should never be taken lightly, especially when they are going to be doing your bookkeeping! Without good financial reports, you have no idea how your business is doing. Garbage In = Garbage Out. Input is critical to having a successful business report that you can utilize in your management decisions. These same requirements should be incorporated if you are hiring an outside firm to do your bookkeeping also. These 5 Tips for Hiring a GREAT Bookkeeper will help you!

Contact: Pam Newman is a Certified Management Accountant, Author, and Certified QuickBooks? ProAdvisor for Financial and Point-of-Sale software. For more information, visit her website at http://www.quickbooksinformation.com or call 816.304.4398. Email: http://www.quickbooksinformation.com

experienced cleaning professionals Lincolnshire ...
In The News:

Paralyzed woman Audrey Crews controls a computer with a brain chip from Elon Musk's Neuralink, demonstrating breakthrough brain-computer interface technology.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Meta removed over 600,000 predatory accounts from Instagram and Facebook while launching enhanced safety protections for teenage users on both platforms.
Facebook crypto scams trick users with fake celebrity endorsements and legitimate-looking cryptocurrency exchange ads that install malware on victims' devices.
Create private chat rooms using the iPhone Notes app collaboration feature with instant messaging capabilities and full control over conversation privacy.
Lyft rolled out safety upgrades with a new Safety Hub, driver blocking capability and a favorite driver option to give riders more control over their experience.
New research shows Americans increasingly trust AI for wellness guidance over social media, with 63% finding artificial intelligence reliable for health.
Luxury fashion brand Dior experienced a January 2025 data breach affecting customer personal information, and notifications were sent months after the discovery.
The commercial Unitree H1 humanoid robot weighs 104 pounds with 365 pound-feet torque per joint and demonstrates dangerous potential when software glitches occur.
Americans average 10-plus hours online daily, according to recent survey, splitting time between streaming shows on TV and browsing websites on multiple devices.
Boost your smartphone privacy instantly with these security tweaks for iPhone and Android that limit ad tracking, hide notifications and prevent unauthorized access.
Platforms like Hoax Tech and JS Click Cloaker help cybercriminals bypass detection systems using machine learning to selectively display scam content to victims.
A new battery recycling technique transforms old lithium-ion batteries into high-performance components that retain 88% capacity after 500 cycles with minimal waste.
Google's Android operating system can warn users about earthquakes before the shaking even begins – and there are ways to do it on your iPhone, too.
Meta's new gesture control wristband might just be the most seamless way to control a computer yet. And no, it doesn't require surgery, a camera, or even a touchscreen. All it needs is your wrist.
Long-haul trucks are now being upgraded with a surprising twist, thanks to California-based startup Revoy. Their electric boost doesn't replace diesel but works alongside it to cut emissions and fuel costs without major disruption.
PayPal and Venmo just rolled out something big: AI-powered scam alerts for Friends and Family payments.
As data centers multiply across the United States, energy demand is increasing at a rapid pace. This has not escaped the notice of large investment firms from Wall Street.
The Unicode Consortium, the nonprofit organization that maintains the Unicode Standard to ensure emojis work across devices, has announced Unicode 17.0, which includes nine new emojis slated for release this fall, in September 2025.
OpenAI is one of the world's leading AI research labs. Founded in 2015, it's behind some of today's most talked-about tools, including GPT, DALL·E, and ChatGPT.
Ever catch your dog staring at the screen during movie night and wonder if they're actually watching? Turns out, they might be. A new scientific study from Auburn University found that many dogs really do engage with television, and not all pups react the same way.
Stop the scammers from making contact in the first place. They're getting your parents' contact information and much more personal data besides, from somewhere.
The Walker S2 robot from UBTech autonomously exchanges its batteries in just three minutes, allowing continuous operation in car factories operated by BYD, Nio and Zeekr.
The FX Super One electric MPV from Faraday Future offers flexible seating, zero-gravity recliners and an AI system that creates a personal connection between driver and vehicle.
Practical solutions for reducing unwanted charity mail, political texts and email spam by opting out of shared lists, replying "STOP" and using data removal services.

Virtual Assistance for Healthcare Professionals

Administrative and clerical tasks are the bane of every industry.... Read More

Cost Effective Franchise Regulations, Come again

The Franchise Group at the Federal Trade Commission in all... Read More

How to Compete with the Big Guns?!

Many small business startups fail within the first 2 years... Read More

Implementing an Internship Program

CONSIDERING COMPANY NEEDS: In identifying your needs for the internship,... Read More

Naming Your Business: 3 Tips To Ensure Success

If you are just starting your business, or if you... Read More

Tell Me The Reasons Why I Should Believe You?

Have you ever heard the phrase, 'PREPONDERANCE OF PROOF'?I recently... Read More

Do You Love Food? - Then Maybe Opening a Restaurant is Not Such a Crazy Idea

The restaurant industry in the United States employs an estimated... Read More

The Role of the Business Model and Strategy for Business

People will always stress that having a well researched business... Read More

7 Tips to Improving Your Cash Flow

Cash is King... That is what everyone tells us and... Read More

Firing Underperforming Employees in Your Small Business

Here are a few tips on how to hand out... Read More

Speed Kills on the Web!

I only have to point to the 555 plus failed... Read More

Women and Small Business

In the book Women and Small Business author gives all... Read More

A Great Logo Is A Marketing Must-Have. But Is It Affordable For Small Business Owners?

And is having a logo really that important?My answer to... Read More

Arent Small Businesses Lucky?

Why? Because they have access to world class public relations... Read More

7 Cash Flow Secrets Your Accountant Never Told You

Looking for ways to boost your cash flow? As a... Read More

Administration Of Your Small Business

You've been meaning to tend to the administration part of... Read More

Your Business and the Story of a Tree; Part One

This morning, I went to take a short walk outside.... Read More

Franchising in The Middle East There Will Bring Significant Opportunity for US Based Franchisors

As stability emerges in the Middle East there will be... Read More

Small Business Mistakes: Are You Making Enough of Them?

That's right ? are you making enough mistakes in your... Read More

Too Many Lawyers in Franchising Today

Attorneys and Lawyers are ruining the franchise industry. It is... Read More

11 MONSTROUS Small Business Marketing Mistakes and How To Avoid Them

Increase your profit potential by identifying ? and avoiding ?... Read More

11 Things Small Business Owners Can Learn From The Miracle On Ice

1. Know Where You're Going ? Coach Herb Brooks had... Read More

You Are Invited

Business card size works well for invitations to special events.What... Read More

How the Crab Effect Obstructs Growth and How to Conquer It

Some of the greatest words of wisdom for any man... Read More

Small Business 101: Deadly Ignorance

American small business is again in transition. Many employees, now... Read More

scheduled cleaning services Buffalo Grove ...