Five Things To Keep In Mind When Picking A Professional Bookkeeper

Author: Genesis Bookkeeping Ltd. | | Categories: Bookkeeping Services , Financial Statements , Payroll Services

Blog by Genesis Bookkeeping Ltd.

When it comes to taxation, everyone has to get through the process. While the Government has systems to allow people to get through their taxes, there are other challenges, and if they make any mistakes when getting through the process, they could end up with fines and penalties.

For the most part, people started working with others who knew what they were doing. Working with an accountant or a bookkeeper would assist with getting through the entire process with ease. They teach them how to get through a process and work on their books so that tax season is a lot more bearable. They have to make sure that the right amounts are marked under the correct titles because they would receive benefits and tax cuts that they might get. Bookkeeping is one of the tasks to handle to be better prepared for tax season. If you do not get through the process properly and have a bookkeeper work on it in time for the tax season, there would be a lot of scrambling around at the end of the financial year, which might make it challenging to remember what was done almost a year back.

Here are some pointers we put together to allow people to narrow down on the teams they are planning on working with. While there are likely many teams who would be able to get them through the process, you want them to get through it and make sure they receive the best assistance possible.

1. Honesty
The professional needs to be honest with you as the client. There needs to be open communication for this to happen. They should be able to tell you about the deadlines to submit your information so you can get through the process. You should have your information ready to make the changes needed, and they should be able to assist you with gathering the rest of your information to get through the process.

2. Friendly
Being friendly helps because it doesn’t always feel like work but allows you to have more casual conversations with them. This tells the client that you find your clients interesting. If they are friendly, you would also want to talk to them and feel better about being more open about various aspects of the process.

3. Detail-oriented
There is a lot of detail to be handled when working with a business’s finances. They should be thorough when getting through, especially with so many numbers and a lot of basic math. If there are mistakes or errors they make, they might end up paying fines and penalties, which is why it is important to make that change.

4. Accurate
The bookkeeping needs to be as accurate as possible, which prevents CRA from needing to contact you to clarify things. There are times when they can round up some amounts, and there are other times when they need precision when putting the statement together. Some amounts have to be to the t, but others might not be as relevant. Finding a capable team that knows the difference and works would be ideal.

5. Willingness
I am willing to work with my clients and not against them. It is their business, and they should have the last say so. They should be open to making changes and working with numbers. There are some accountants and bookkeepers who love working with numbers and would be more than happy to make these changes and get through.

When it comes to our work, we want our clients to focus on their company and business while we focus on their bookkeeping and taxation needs. If you are looking for assistance with getting your books in order, connect with us at Genesis Bookkeeping Ltd. We assist our clients by working and handling their payrolls, financial statements, and other changes we have to get through. We create personal packages and payments for our clients after understanding their requirements to assist when they are getting through processes. If you want a better understanding of the services we provide, please click here. If you are looking to get in touch with us or think you have a requirement that we can assist with, please click here