Sunday, May 1, 2011

Bookkeeping Hiring Tips

In today's transient and fast paced world, it's getting harder and harder to find qualified, competent people who not only know their stuff but can be trusted to handle your business's monies. All too often you hear stories about inexperienced so called bookkeepers who either messed up someone's books or stuck their hand in the cookie jar and helped themselves to thousands or millions of dollars.
Listed are 7 of the most important things you need to know when making a decision to hire the right bookkeeper, permanent or contract. Like everything else in life, there are no guarantees but by following our guide, you can help reduce the odds of inviting the elephant to come sit on you.
The goal is to keep this list short and sweet and not to make this sound like a Jerry McGuire movie mission statement. Here are the 7 things you need to know in order to find the right bookkeeper. Good luck!
1. The Experience Factor - Do they really know their stuff? There is an awful lot of competition out there, given that, people will say the darndest things to land that job. The objective here is to not be a guinea pig for someone who needs to improve their accounting skills. If you want to reduce your chances of hiring a dud, go with a reputable firm. They've done all the work for you plus they have a track record but if you want to go it alone, here are some questions to ask:
How long have they been doing bookkeeping? Do they have an accounting background? What accounting software programs have they worked with? Are they tech savvy? What type of companies have they performed bookkeeping services for in the past? Can they provide references? References are extremely important. Try to get at least 3 references.
2. Trust - Can you trust them? Always know who you're dealing with! This could not be said enough. Do they come across as honest and sincere? Whether you're using an outside firm to hire your bookkeeper or going it alone, always perform a thorough background check, even if they were referred to you by someone you know. When having a background check performed, you want to check criminal, social security number and credit information along with drug testing. After all, this person is going to be controlling the future of your company by handling all your monies. Scary thought isn't it? Understand this, even if that person passes the background check with flying colors does not guarantee theft and wrongdoing due to the fact that people change and their lives change. The best way to stay in check is to become educated and always keep tabs on what they're doing. There are certain things you can do to keep an honest person honest by having checks and balances in place.

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