How to choose a bookkeeper you can trust
Tradies are always pushed for time when running their own business. Hiring a bookkeeper to keep your accounts in line is a good idea so you have one less problem to worry about.
Here are some tips to help you choose a bookkeeper you can trust.
Know what you need
The first thing you need to do is to assess your business needs so you know what sort of bookkeeper you need. As a tradie you have unique needs. Consider how many transactions you make and the services you require to keep your business on track.
Hire a bookkeeper that offers a full service
When you hire a bookkeeper that offers a full service, it can save you money. A business that offers a full service does everything from bookkeeping and invoicing to preparing and lodging BAS statements. They should use good software and give you good advice about the best accounting methods for your business and what expenses you can claim as a tradie.
Do they have industry experience?
The single most important thing is to hire a bookkeeper with experience working with tradies. This way they know how you operate and exactly what expenses you can claim. A bookkeeper with industry experience will easily understand your business and what it takes to do a good job. A good bookkeeper can give you good advice on how to improve your business operations to help it grow and become more successful.
Keep in mind when choosing a good bookkeeper, if they have not worked with tradies before it can cause you costly mistakes.
Avoid hiring the cheapest bookkeeper
Cheap is not always the best. As a tradie you would already know this. Sure, you are working within a budget but you get what you pay for. If you think hiring an experienced bookkeeper that understands your industry is expensive, hiring a bad bookkeeper will cost you more. Can you afford that?
Check that they’re a registered BAS Agent
Don’t risk it dealing with backyard bookkeepers. Only a registered BAS Agent can lodge your activity statements and deal with the ATO on your behalf. Registered BAS Agents are also regulated by the Tax Practitioners Board and must comply with a Code of Professional Conduct – designed to protect you.
A good bookkeeper pays attention to detail
A good bookkeeper will annoy you for your details. They do not let anything fall through the cracks and follow up on everything. And they will ask questions to make sure they capture everything in their accounting software. They do not want to leave anything out. You want a bookkeeper who cares about doing a good job for you and your business. When your bookkeeper hassles you about your accounts, invoices and receipts, listen to them. They do not want to miss anything out.
Hiring a bookkeeper to take care of your business is essential for your tradie business. You are either on the road or the tools with little time left in the day to worry about bookkeeping to keep your accounts in order. So, it is important to get the right person for the job to make your life easier and help your business grow.
Want to know more?
Alexilum is a registered BAS Agent and has extensive history working with tradies like you. Contact us today to find out more.