Frequently Asked Questions

We thought we’d take some time to address some frequently asked questions that bookkeepers receive. These are questions that you should ask your bookkeeper before you begin a working relationship.

What if I want to do my own day-to-day record keeping?

Definitely an option! It’s up to you to work with your bookkeeper to determine a sound game plan. Determine which bookkeeping tasks you will be completing and which your bookkeeper should complete. 

Will I have access to my bookkeeping whenever I want?

Yes! You should always have access to your bookkeeping records - the information is yours! It’s a major red flag if you do not have access to the backend of your books. Even if you don’t make any changes or actively work within the program, the information should still be made available to you. 

Do you charge per hour or per service?

This is dependent on the bookkeeper or company. Some charge flat fees for specific services, while others charge their own unique hourly fee based on their experience and certifications. Make sure you discuss with your bookkeeper their specific charges and ask questions if anything is unclear. 

Do I need both a bookkeeper and an accountant?

Great question! This is dependent on your needs. Although bookkeepers and accountants are lumped into one, they’re actually pretty different. Bookkeepers focus on managing and maintaining your financial records, account data, transaction info, and more. An accountant uses this information to help businesses make data-driven decisions and also greatly assists during tax season. It’s important to determine what your business needs. 

Do I need to work with a local bookkeeper to receive the best possible service?

Absolutely not. In today’s digital world, there are plenty of methods to communicate. You and your bookkeeper can work out a communication plan that fits both of your needs. There are so many ways to communicate, there is no reason to limit yourself!

Don’t be afraid to ask questions! The more you know, you’ll be able to make more informed decisions for your business.