How to Choose the Right Bookkeeper for Your Small Business
- Jess The Small Business Book
- Jan 20
- 3 min read
As a small business owner, having accurate financial records is essential for your
business’s success.
A bookkeeper ensures your accounts are up to date, helps you
meet tax obligations, and provides insights into your financial performance. But with
so many options available, how do you choose the right bookkeeper for your needs?
How to Choose the Right Bookkeeper
In this blog, we’ll guide you through the key factors to consider when selecting a
bookkeeper, ensuring they’re the right fit for your business.
Why Hiring a Bookkeeper Is Essential
A skilled bookkeeper can help your business:
1. Maintain Accurate Records
Keep track of income, expenses, and cash flow.
2. Ensure Compliance
Stay on top of tax deadlines and regulations.
3. Save Time
Free up time to focus on growing your business.
4. Make Informed Decisions
Access accurate financial data for strategic planning.
What to Look for in a Bookkeeper
1. Qualifications and Experience
Look for a bookkeeper with relevant qualifications, such as a Certificate or
degree in Bookkeeping and Accounting, and experience in your or similar
industries. Industry-specific knowledge ensures they understand your unique
financial challenges.
2. Proficiency in Accounting Software
Choose a bookkeeper who is skilled in popular accounting tools like Xero,
Odoo, or QuickBooks. Familiarity with cloud-based systems is a bonus, as it
allows for real-time updates and collaboration.
3. Attention to Detail
Bookkeeping requires precision. A small error in your accounts can have
significant consequences, so attention to detail is a must.
4. Strong Communication Skills
Your bookkeeper should be able to explain financial concepts clearly and
keep you informed about your accounts.
5. Flexibility and Availability
Depending on your needs, you may require on-site or virtual support. Ensure
the bookkeeper is available to provide services in your preferred format.
6. References and Reviews
Ask for references or read reviews from other clients to gauge the
bookkeeper’s reliability and quality of service.
Questions to Ask a Potential Bookkeeper
When interviewing a bookkeeper, consider asking:
1. What services do you offer?
Ensure their offerings align with your needs, such as payroll management,
BAS preparation, or financial reporting.
2. What industries do you specialise in?
Industry-specific expertise can be invaluable.
3. How do you charge for your services?
Understand their pricing structure - whether it’s hourly, per project, or a flat
monthly fee.
4. What software do you use?
Ensure they’re proficient in the systems you prefer or currently use.
5. How do you ensure data security?
Financial data is sensitive, so it’s important to confirm they follow secure
practices.
In-House vs. Outsourced Bookkeeping
You’ll also need to decide whether to hire an in-house bookkeeper or outsource the
role. Here’s a quick comparison:
In-House Bookkeeper
Ideal for larger businesses that require frequent, on-site bookkeeping.
However, it comes with higher costs for salaries and benefits.
Outsourced Bookkeeping
A cost-effective option for small businesses, offering flexibility and access to
expert services without the overheads of an employee.
The Benefits of Outsourcing to The Small Business Book
At The Small Business Book, we specialise in providing expert bookkeeping services
tailored to small businesses in Perth and across Australia.
When you work with us, you gain:
Qualified Professionals
Our team has extensive experience and qualifications to ensure accuracy and
compliance, with our founder, Jess being a qualified Accountant.
Customised Solutions
We offer services tailored to your specific business needs, whether it’s BAS
preparation, payroll, or financial reporting.
Cloud-Based Systems
We use the latest tools like Xero and Odoo to provide real-time financial
insights.
Affordable Pricing
Our flexible pricing ensures you only pay for the services you need.
Support You Can Trust
We treat your business like our own, providing reliable, friendly, and
professional support.
Tips for Building a Strong Relationship with Your Bookkeeper
1. Communicate Clearly
Share your financial goals and concerns openly with your bookkeeper.
2. Provide Access to Records
Ensure they have the information needed to keep your accounts accurate and
up to date.
3. Stay Involved
While your bookkeeper handles the details, staying informed about your
finances helps you make better decisions.
Conclusion
Choosing the right bookkeeper is a crucial decision for your business. By considering
qualifications, experience, and communication skills, you can find a bookkeeper who
meets your needs and supports your success. If you’re looking for expert, friendly
bookkeeping services, The Small Business Book is here to help.
