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Who’s Going To Stand By You And Your Financials?Monday 07/02/2012
DwayneDwayne Briscoe / Bookkeeping-Results, LLC
Owner / QuickBook Pro Advisor

888-692-2083 / 713-898-1648

www.bookkeeping-results.com
Who’s Going To Stand By You And Your Financials?

 

I get this question asked on a regular basis, which is “How do I know I have the right person to handle my finances?”  Well, if you are the person handling your books, then you need to be pretty secure in your knowledge of basic accounting to make sure that your books are reflecting the accuracy and details required to successfully run your business.  It requires a lot more than just adding and subtracting, and you definitely don’t want the IRS having to teach you how to do those simple tasks though.

 

When you’re not sure what to look for in a person to handle or just review your books, here are four basic points to consider:

 

1.         A bookkeeper, depending upon the state regulations, is someone who often handles the daily transaction details with a business.  However in the State of Texas, anyone can take on the title of bookkeeper without any certification.  An accountant or a CPA on the other hand, needs to be registered with the Texas State Board of Accountancy, which can be verified by going to their web site.  The biggest difference in the end though is experience and price.

 

2.         What’s the best referral?  Obviously from someone you trust, but also take a look at online reviews when you Google search a potential candidate.  There are numerous avenues to check someone out, and large businesses do this all of the time and it can be done in a pretty quick amount of time.  I recommend everyone do background checks on their potential employees, and the same can be said about hiring someone to handle your financials.

 

3.         What will the job duties be?  If they say they want to also handle your taxes, re-think that thought process.  Wouldn’t it make more sense to have a second person review what the first person is doing for a Quality Check?  Again, it may be a difference in price, but you need to find people who specialize in your industry and don’t need to be trained in the ins and outs of what your business is.

 

4.         What does your budget allow you to handle?  When you look at $15.00 an hour versus $125.00 an hour for bookkeeper services, you need to think about finding someone in the middle, because ultimately you get what you pay for.  If someone offers you services for a ridiculously low price, then you have to ask what is the educational level, do they have any type of license or certification, do they have insurance should they fail to properly prepare and file your financial reporting?

 

 

 

About Our Show Advisor: Dwayne Briscoe is the founder and owner of Bookkeeping-Results, LLC.   Dwayne began his company in January 2007, based on the foundation to educate small business owners and bookkeepers who use QuickBooks®.  Working as a full-charge bookkeeper and trainer in a variety of industries for over 15+ years, he is a certified Pro Advisor with 5 certifications, including Enterprise Solutions and Point of Sale.  He is also an instructor at Brazosport College in Lake Jackson, where he teaches basic accounting, QuickBooks®, and basic payroll, along with hosting his own private classes.

 

Bookkeeping-Results, LLC has focused more on quality and not quantity for their clients, by paying attention to the details.  Through regular continuing education participation, as well as exploring additional ways of “thinking outside of the box” to help expand people’s knowledge of their own financial well being, it’s important to focus on not only saving the client money but also making the client money.

Previously broadcast from:
SKL @ BlogTalkRadio.com 11/07/2011 - 01/03/2014
CBS Radio's Talk 650 10/12/2009 - 07/01/2011
CNN 650 Radio News 11/08/2006 - 10/08/2009
KSEV AM700 04/04/2005 - 10/30/2006

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