How to Choose Cheap and Reliable Bookkeepers

How to Choose Cheap and Reliable Bookkeepers

Acquiring the services of a reliable bookkeeper is extremely important because they are the ones who will be dealing with a sensitive part of a business money. Get the wrong one and they might end up stealing money from you, and it is indeed possible by moving small amounts of money into their own accounts especially if a client does not have knowledge or understanding in bookkeeping. That inability to do bookkeeping is the most vulnerable point for any client, which is why the services of a bookkeeper are attained in the first place. However, if you are just starting off, you might want to start with low cost bookkeepers as your modal is minimal. So how does one find low cost bookkeepers that are reliable and trustworthy?

One of the easiest ways to go about this is to ask your business acquaintances for contacts of bookkeepers they know to be reliable at a low cost. However, if you are starting out independently on your own without the right resources, there are some things you can look out for.

First of all, you should check on their reputation. These reputations can be formed based on people's personal experiences with the bookkeeper, and can come in word of mouth or in reviews. Yet, as most bookkeepers work with small unregulated businesses, it is difficult to find out if they have a good level of service or protection towards your books since they do not have any ethical codes they will need to follow for us to create a comparison. One the other hand, choosing a bookkeeper that works as part of a national brand gives the head start for their reputation that is known to be first class, which would mean that they are honest and reliable.

This brings to the next point reliability. You will want to get the services of a bookkeeper who is able to deliver their work on time. They should be able to give you an up-to-date account of your reports, and not run away for holidays during times you need the reports the most. Even if they have an emergency, they should come up with a back-up plan.

Apart from that, make sure that the bookkeeper has a set of regulations to follow. Typically, a qualify bookkeeper of an established company will have a set of code of ethics on which they should perform their duties by. One example of a code of ethics would be the Chartered Institute of Management Accountants (CIMA).

Last but not least would be reference. A bookkeeper should be proud to give references as this can boost their business. This also indicates how trustworthy they feel they are, and have confidence in the work they do.

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