Personal Bookkeeper

10 jun 2020

A bookkeeper handles more clerical work than an accountant, although their roles do overlap. Bookkeepers record and deliver the numbers—all of your day-to-day transactions and expenses. They generate the data that can then be handed over to an accountant for more high-level analysis. Skilled bookkeeping pros on Upwork can provide many different important services, whether it’s getting you organized for tax season or helping you stay on top of invoicing during busy times of year. We are currently seeking a freelance bookkeeper with expertise in payroll, accounts receivable, expense reports, and filing monthly taxes.

If you’re choosing a new software package along with a bookkeeper, note that more complex packages might require more expertise, and command a higher hourly rate as a result. In your proposal, include a short description of your experience as a bookkeeper and why we should consider you. Also, tell us about a previous project and how your skills made an impact on that business. Does my business use bookkeeping software they need to be familiar with? Since there are many different types of accounting and bookkeeping software on the market , it may make sense to include this as a requirement in your posting.

By implementing Keeper, your business is significantly reducing the risk of a data breach. This article provides prudent advice in finding and using a capable bookkeeper, and I have not paid anyone for this post.

For example, larger companies using systems like Intuit or SAP will be hiring an individual who knows their way around that particular platform. The trick to finding top bookkeepers is to identify your needs. Will they be entering data into an existing ledger, or is this your first time setting up a bookkeeping system? Will your bookkeeper also be responsible for your monthly tax filings? The cost of your bookkeeping project will depend largely on your scope of work and the specific skills needed to bring your project to life. Most employers hire bookkeepers with more education than a high school diploma.

A great accountant will also be an expert in business and how your finances relate to your everyday operations. Some of these will fall into the weekly or monthly category; others will be daily or quarterly. Make a list of ledger account what you need them to do and how frequently you need it done. The team at MPB recognizes that certain financial and household matters are deeply personal, and managing them can be overwhelming even at the best of times.

While this isn’t necessary, belonging to an organization like the National Association of Certified Public Bookkeepers can show a deeper commitment to the field. What follows are some tips on finding top bookkeepers on Upwork. Looking to reduce the administrative overhead of tracking cash flow within your business?

There are many benefits from using Quickbooks which I can discuss during my initial free consultation. I also offer QuickBooks software discounts for my clients. With virtual bookkeeping services, your bookkeeper will work remotely instead of in your office. Your virtual bookkeeper will be able to help you from anywhere . Your virtual bookkeeper will have remote secure access to all of your financial data. You might be skeptical about virtual bookkeeping, however, all your data is encrypted and consider some of the following benefits. What’s the difference between bookkeeping and accounting?

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Recording your income and expenses isn’t a difficult task (you don’t need an accounting background or to be “good with numbers”), but it does take time and effort. You can hire an expert to do it all, do it yourself or combine the two, using an expert to help you from time to time. Your virtual bookkeeper is normally available after regular business hours and 7 days a week .

By trade, accountants prepare, maintain and examine the financial statements of an individual, business or institution. An accountant prepares reports for tax purposes and can also perform audits of public companies. The next important differentiation is experience with a particular software package. Many bookkeepers and accountants are exposed to payroll services, enterprise accounting software, etc.

Some bookkeepers may have advanced training or a degree in a field such as accounting, finance, or business administration. Others may specialize in certain job sectors such as law, health care, or automotive, which would give them certain insights that could make them a great fit for your project. A bookkeeper does not necessarily need a degree in accounting, but should have formal college-level coursework, experience and a detailed-oriented attitude. Looking for a part-time/hourly bookkeeper for personal family finances – 5-15 hours per week. Opportunity to potentially join our company as full-time bookkeeper in the wine business. Needed because do not have time for managing, need a trusted bookkeeper – potential to join wine businesses we own.

When you start a job as a bookkeeper, you will often receive on-the-job training that supplements your previous education. This training might include procedures and systems that your employer uses in-house.

How To Write An Effective Bookkeeping Job Post

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.

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Some prefer not to deal with weekly and monthly items such as paying bills, check writing, setting up bill payments, and reconciling bank statements just to name a few. Most individuals and business owners have a “do everything myself” attitude and frown on paying for anything they think they can do themselves. In addition, many business owners have been running their business for months or years without a bookkeeper so they think they are doing fine.

personal bookkeepers

Maintaining a sound knowledge of a well-known accounting software package. Most bookkeeping systems are now held on a computer, which means that a bookkeeper must be able to demonstrate a sound knowledge of current accounting software packages. Many common bookkeeping routines, such as bank reconciliation, require a working knowledge of accessing bank data via the Internet and using spreadsheets to prepare bookkeeping cash flows for the business. Includes accounts, categories, recipients and transactions in this small application. This project is maintained by WENNERBERG.BIZ and is used to evaluate working with Open Source software. Get legitimate personal loans software via our licensed moneylenders online platform. Personal loans of all sizes available via our software with flexible repayment schemes to customers.

I had a business owner reluctantly hire me on a trial basis. I cleaned up his records, reconciled his bank statements, input his receipts, properly categorized his income and expenses, and performed the boring but critical task of paying the company bills. Not only was I able to save him a lot of time but, I saved him nearly $500 dollars in “monthly” late fees. I also was able to identify areas of his business where he was not being profitable.

You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. The latest tools and technology are used to keep your data safe and secure. No expenses related to a workstation, computer, or office supplies when using a virtual bookkeeper. You’ll know how much your project costs even before booking a pro. To find out which services are deemed essential in your area, visit the official government website of your state or city and look for information about essential services. Keep in mind that many people use the term “job description,” but a full job description is only needed for employees.

You may have a loved one or just know someone that is in great need of someone who truly cares about their financial welfare. A bookkeeper who personally comes to your home or office to conduct all your bookkeeping needs. What if you can’t afford a full or part-time employee or the additional workers compensation expense? Managing personal bookkeepers employees also takes time away from your business. Contact local CPAs or tax professionals to see if they can offer their services without in-person contact. Many firms can operate remotely or virtually, and others that typically operate face-to-face may be changing their procedures to keep up with social distancing guidelines.

personal bookkeepers

I invest 110% in the work I do and take pride in a job well done. I grew up keeping track of my own money, down to the penny.

Do I need the bookkeeper to have any formal training in finance? Those with degrees within the field may have a better overall knowledge of advanced tasks like loan packaging or preparing business plans. Do you use FreshBooks, Billy, QuickBooks, or other accounting software? You want a bookkeeper who can slide right into your existing workflow. Industry fit.You want a bookkeeper who understands the tax nuances of bookkeeping for your industry. Research shows that a whopping 81% of data breaches are due to weak or stolen passwords. Business password managers provide an affordable and simple way for companies to solve the single biggest root cause of most data breaches.

personal bookkeepers

As a bookkeeper, your technical skill set will almost always need to include familiarity or expertise with some form of computer software. Accountants typically go beyond record keeping to provide analysis Personal Bookkeeping on the financials. Half of all bookkeepers earn more than this, while the other half earn less. Currently, salaries can range from $36,118-$46,160, depending on the bookkeeper duties and industry.

  • However, my primary goal is to meet your needs and exceed your expectations by providing personalized bookkeeping services in a manner that fits your schedule and your budget.
  • The bottom line is that you are probably overpaying for your current services.
  • Any individual with a preparer tax identification number is eligible to file your income taxes on your behalf.
  • Many services in several different industries outsource to reduce their costs.
  • This is not to say that they don’t review the work or that they are unethical.
  • However, this doesn’t necessarily mean they will be the best candidate to provide the help you need with your income tax preparation.

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Ask tax professional near you if they would be willing to give a consultation via phone call, Zoom, Skype or other video conferencing software to discuss the scope of work. Also, ask them how they handle payments and whether they will be able to conduct all of their services remotely. The difference between the two really boils down to expertise, experience, and education. Accountants will have 4-year degrees, while CPAs and licensed accountants will have that in addition to passing a national or state exam. Auditors, accountants, and bookkeepers can all obtain licenses and accreditations from various organizations by state, which is useful in understanding their particular expertise when you’re reviewing candidates. Nearly every accounting software package on the market was designed to help with the most basic bookkeeping tasks you’ll need—and many are very affordable if your needs are simple enough.


To this day, not only am I still his personal bookkeeper but he is a good and dear friend. That data gets turned into valuable guidance for your business in the hands of an accountant. Generally, an accountant can do everything ledger account a bookkeeper can and more. But their true value lies in their ability to analyze and interpret numbers, then turn them into forecasts, actionable insights, and tools to help you make better decisions for your business.

For the tasks described at the beginning, a personal bookkeeper is what you’ll need. Bookkeeping may be done in person (your home or the bookkeeper’s office) or online. Either way, you’ll need to provide access to your bank accounts and credit card statements, so be sure to check the references carefully of anyone you want to engage.