A bookkeeper is your backroom assistant. Your part-time controller. The jack of all trades that every business needs. Let’s jump in and answer what this all means.

What do bookkeepers do?

Bookkeepers handle a wide range of financial tasks. The responsibilities include, but are not limited to:

• Paying the bills.
• Sending invoices to customers.
• Processing employee payroll.
• Filing sales tax returns.
• Reconciling bank and credit card accounts.
• Maintaining compliance with local tax laws.
• Preparing financial reports for management.

Why hire a bookkeeper?

Hiring a bookkeeper is the first step in making a great investment in your business. The work they perform provides business owners and managers with valuable decision-making tools.

• Save you time and reduce stress so you can focus on the business (or take a break!).
• Be prepared for changes in compliance and receive help navigating those changes.
• Understand your business decision-making better with accurate and informative financial reports.
• Help avoid late penalties and fees with timely-filed revenue and payroll returns.
• Worst-case scenario: avoid costly audits with organized and complete financial records.

When should you hire a bookkeeper?

The best time is when you’re starting up a business, and we can help set the foundation. This gives you a solid base to grow and thrive.

• Know when and what to file.
• Set up accounting systems and build your chart of accounts.
• Understand your responsibilities as a business owner or manager.But it’s never too late to hire a bookkeeper! If you’re overburdened by compliance requirements, keeping your books clean, or you simply want more value from all this accounting work, then now is the right time to engage a bookkeeper.

How do I hire a bookkeeper?

Figure out the areas of concern or uncertainty that you need help with. And then ask questions about services, accounting tools used, and deadlines. A bookkeeper can be your best team member to give you that peace of mind to focus on your business.

An added benefit of working with Allen + Koe is that our bookkeepers are an integral part of this CPA firm. Combined with tax pros, they provide you with access to expertise and support in all aspects of your financial landscape. Schedule a meeting today and find out if we are the right bookkeeping team for you!