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Finance

How to hire freelance bookkeeper for your business

Running a business is very involving since you are the head of all departments. However, it is important to recognize the fundamentals to focus on and outsource some great minds that will help in running your business. Besides, you don’t want to get to the end of the year and realise that you didn’t return your taxes or pay a creditor or even just to know and see clearly your business activities. 

There are many people on the web who qualify for freelance bookkeeping job and can take away the headache of dealing with all the details of the bookkeeping. Luckily, there are many good freelancers out there. Here, you will find a few things to consider when hiring a good fit of freelance bookkeepers for your business.

  1. Qualifications

The level of training is crucial for this line of work. However, one doesn’t have to have achieved a master’s degree to be a trusted candidate. Putting some thought when qualifying a good bookkeeper is critical since they can be the reason why your business thrives or dies. Therefore, make sure the freelancer of your choice has the experience that can match your business complexities and size. Another consideration is to get a person who has worked for a business that is similar to yours. For example, if the freelancer has worked with companies that deal with goods or services, as well as if he has dealt with a start-up or whether they prefer an older business. 

  1. Cost

Freelance bookkeeping is offered a lot and is very affordable if your finances are less complicated. Many freelancers charge lower rates than a firm because the running costs are also much lower. Additionally, when you peruse the profiles, you will get to see the rates offered. These rates differ from one person to the other; most of them will charge an hourly rate, so it is up to you to consider the amount of work and required time to get the job done. More transactions will require more time put in. In the long run, as you progress, you can negotiate for a rate or contract that works for both parties.

  1. Technology savvy 

Today, there are many software and applications that make your bookkeeping efficient and effective. Therefore, it is crucial to hire someone conversant and flexible to adapt to upcoming changes. The freelancer should be trained and well able to use the same software as you so that information can be shared easily, and this also includes basic knowledge of Microsoft Excel and processing online transactions remotely. You can also test this knowledge when you conduct an interview with your shortlisted candidates on a video call to have an idea of what their area of expertise is.

  1. Attention to detail

Bookkeeping is critical to a business since it is what determines how you run your day to day activities. Therefore, the freelance bookkeeper should be very keen when keying in data and processing bank transactions. Once he/she spots an error, they can in the end advice the business owners on the necessary steps. A good freelance bookkeeper should be able to identify and correct errors and generate clear and concise reports to avoid penalties.

  1. Ask for Referrals

Sometimes it is easier to work with someone who has already interacted with the market. When you visit a freelance bookkeeping website, you can check the clients that the freelancers have worked with previously and you can also see current reviews. Furthermore, you can sieve out until you only have a good fit for your needs. Finally, you can get to connect with other business people where you can exchange ideas and grow together. Sometimes, when you share a challenge faced, it can be resolved faster or encourage you to soldier on.

In short, hiring a freelance bookkeeper for your business is very straight forward in today’s world. Additionally, you can access the best brains in the industry of people who prefer to work remotely without the everyday hustles like traffic jams and are cautious of contracting COVID-19. Therefore, your bookkeeper of choice is a click away, enabling you to focus on other areas like production and marketing.