How do I know my bookkeeper is doing his job?

How do I know my bookkeeper is doing his job?

Here are some ways you can ensure that your bookkeeper is doing their job effectively:

1. Review financial statements: Review your company’s financial statements, including the balance sheet and income statement, on a regular basis. This will help you to ensure that your bookkeeper is accurately recording and classifying your business’s financial transactions.
2. Review bank and credit card statements: Review your bank and credit card statements to ensure that all transactions are being recorded and classified correctly. This can help you identify any discrepancies or errors that may need to be addressed.
3. Communicate with your bookkeeper: Make sure to stay in regular communication with your bookkeeper. Ask for regular updates on the status of your bookkeeping and provide any necessary information or documents in a timely manner.
4. Review invoices: Review the invoices that your bookkeeper prepares to ensure that they are accurate and that all necessary information is included.
5. Compare budget to actual results: Compare your budget to actual results to see if your financial performance is on track. This can help you identify any discrepancies or issues that need to be addressed.

By following these steps, you can ensure that your bookkeeper is doing their job effectively and that your business’s financial records are accurate and up-to-date.

Prominent Financial Consultants offers a range of services to help our clients succeed, and we would love the opportunity to discuss how we can help you. If you would like to schedule an appointment with us, please schedule a free 15 Minute Financial Clarity Call so that we can learn more about your needs and goals.