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Questions to Ask When Seeking a Bookkeeping Service

When looking to hire a professional bookkeeping service, here are some suggestions for questions you may want to ask:

What services do you offer? 

There are many sizes of bookkeeping firms, from individuals up through large CPA firms. You’ll want to make sure the company you are considering can provide the specific services you need.

What bookkeeping experience do you have? 

You’ll want to be sure the bookkeeper has knowledge and experience in accounting overall, and specifically in your industry.  Many industries have varying requirements and desires regarding the reports they’ll need from their bookkeeping efforts. A bookkeeper may have been trained in house in a specific industry, and done a stellar job, yet not know the caveats of other industries.

How do you ensure the accuracy of my financial records? 

It’s a good idea to verify that your bookkeeper has a system in place for proving the work they do. We’re all human and prone to make mistakes, so a good bookkeeping service should have a review process established.

What software do you use? 

The most popular small business accounting software on the market is QuickBooks. However, there are many more options available.  It doesn’t matter to most small businesses which software is used, but it may under certain circumstances: a certain one is widely used in your industry, or you already have your books established in a certain application, etc.

How do you ensure the security of my financial data? 

When it comes to your sensitive financial information you want to be sure that every measure possible is taken to keep that data safe and secure.

What is your pricing structure? 

Most bookkeeping services will have their own approach to pricing, and it is likely based on several factors.  While it’s difficult to quote a price without certain information, it’s certainly fair to ask a company HOW they go about determining their pricing.

How often will I receive financial reports? 

Make sure the service you hire can provide timely reports based on your needs.

Do you have references or testimonials from current clients? 

Just as would be the case if you were hiring an employee, it’s a good idea to inquire about, and hopefully speak to, references.

Do you have a specific question you’d like to ask? 

We look forward to hearing from you!