6 Qualities That a Bookkeeper Must Possess

Last updated: 11 Apr, 2023 By Harinder Pal Singh | 6 Minutes Read

Bookkeeper is the person entrusted with the task of handling the accounts, financial information and the taxation related matters of a business organization. The business entrepreneurs have the option of either hiring an in-house accountant or hiring the services of a firm offering compliance of a taxpayer business enterprise.

As per the present taxation rules in most of the developed nations around the globe, the business enterprises are supposed to avail the services of an in-house bookkeeper. This can help in the smooth management of tax rules and regulations for a business enterprise. It also plays a key role in avoiding irregularities and misstatements related to the financial process.

While hiring a bookkeeper or bookkeeping services, you must check whether they possess the following qualities:

Professional expertise– Bookkeeping requires a certain amount of technical knowledge or professional expertise. Although a Certified Public Accountant title or a college degree is not needed, certain experience or knowledge of bookkeeping is required. You must ask important questions related to the taxation and accounting implications of bookkeeping. By carefully interviewing the candidates, you can make the right selection.

Capable of offering advice in times of adversity– Every business goes through turbulent times. In such situations, business owners require the informative advice of their bookkeepers. In case the situation is hopeless, the bookkeeper must offer honest advice that he is unable to come up with a solution. In this way, the bookkeepers can prove to be useful for the organization.

Honesty– There are bookkeepers who make promises that everything will be fine but the business enterprise will end up paying penalties. So in case, any problem has been identified, the bookkeeper should be able to able to convey the message to the management. This is essential as the assets and liabilities of a business are involved.

Services should be meant for customer satisfaction– The main objective of any business is to please the clients. If you hire the services of a business enterprise offering bookkeeping services then you must check whether they are really passionate about their work or not. The previous portfolios and client testimonials of the bookkeeping firm must be checked before making the final call.

Easy accessibility– In case, you are hiring the services of a third party firm then accessibility is a major issue. For a business organization, bookkeeping holds great importance so it is essential that the higher management should be able to communicate with the bookkeeper whenever required. Organizations which don’t offer easy accessibility should be avoided.

In touch with the latest developments– The world of financial accounting is subject to regular changes. The rules and regulations, practices etc, change from time to time. A bookkeeper should be an open-minded person capable of adapting as per the changes.

Apart from the above-mentioned qualities, business organizations can also look for other attributes like computer literacy and good communication skills in a bookkeeper.

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