Aron Govil explains when you’re running a business, it’s important to keep accurate records of your expenses and income. But bookkeeping can be time-consuming and difficult to do on your own. That’s where a bookkeeping service can come in handy.
Aron Govil-Here are 15 tips for choosing the right bookkeeping service:
1. Make sure the service has experience working with businesses of your size.
Not all bookkeeping services are created equal. Aron Govil explains some are better suited for small businesses, while others have more experience working with larger businesses. Make sure the service you choose has experience dealing with businesses of your size so they can help you stay compliant with all relevant regulations.
2. Ask about their pricing structure.
Different services charge different rates, so be sure to ask about the pricing structure before you sign up. You don’t want to end up paying more than you need to for bookkeeping services.
3. Check their references.
Any reputable bookkeeping service will be happy to provide you with references from past clients. Contact these clients and ask them about their experience working with the service. Were they happy with the level of service they received? Did the service help them stay compliant with all relevant regulations?
4. Make sure the service is certified and insured.
Before signing up with a bookkeeping service, make sure they are certified and insured. This will ensure that your data is safe in case something happens to the service while it’s in their custody.
5. Ask about their data security protocols.
When you’re handing over your financial data to a third party, it’s important to make sure that they have robust data security protocols in place. Ask the service about their data security protocols and make sure you’re comfortable with them.
6. Ask about their turnaround time.
Different services have different turnaround times, so be sure to ask about this before you sign up. You don’t want to be waiting weeks for your bookkeeping records.
7. Ask about their software compatibility.
Not all bookkeeping services use the same software, so it’s important to make sure the service you choose is compatible with the software you’re using. Otherwise, you’ll have to do all of your bookkeeping manually, which can be time-consuming and error-prone.
8. Make sure the service is flexible.
Some bookkeeping services require you to stick to a rigid schedule, while others are more flexible. Make sure the service you choose is willing to work with your schedule so you can get the most out of their services.
9. Ask about their customer service.
Good customer service is a key when it comes to bookkeeping services. Make sure the service you choose has a team of friendly, knowledgeable customer service reps who are happy to help you with whatever you need.
10. Make sure the service is up to date on the latest regulations.
Bookkeeping services are constantly updating their knowledge of the latest regulations, so make sure the service you choose is up to date on all the latest changes. Otherwise, you could be putting your business at risk.
11. Ask about their data backup procedures.
In order to ensure that your data is always safe, ask about the data backup procedures used by the bookkeeping service. Make sure they have a solid plan in place to protect your data in case of a disaster.
12. Ask about their customer service procedures.
When it comes to customer service, you want to make sure the bookkeeping service has a process in place for addressing customer complaints and resolving any issues that may arise.
13. Ask about their confidentiality agreement.
Before signing up with a bookkeeping service, be sure to ask about their confidentiality agreement. This will ensure that your financial data remains confidential and safe from prying eyes.
14. Check out their website.
Take some time to check out the website of the bookkeeping service you’re considering. This will give you a good idea of the level of professionalism they bring to the table.
15. Ask for a free trial.
Many bookkeeping services offer a free trial so you can test out their services before you commit. This is a great way to see if the service is a good fit for your business.
Choosing the right bookkeeping service can be tricky, but following these five tips will help make the process a little bit easier. By choosing a service that has experience working with businesses of your size, asking about their pricing structure, checking their references, making sure they are certified and insured, and asking about their data security protocols, you can be sure to find a service that is right for you.