4 Tips to Find Reliable Bookkeepers in London

Posted by Amit Gupta on December 30th, 2020

Bookkeeping is vital to your business operations. That's why it’s often better to give this tedious task to a professional bookkeeper in London instead of doing it yourself. Of course, you want to make sure that you are hiring an honest, experienced, and reliable person for the job. How do you do that? Keep these tips in mind:

1. Determine what types of bookkeeping services you actually need.

It’s always a good idea to determine the bookkeeping requirements of your business before you even start looking for a professional bookkeeper in London. This way, you will know the skills and qualifications that you have to look for. Knowing exactly what you need will also help you avoid paying for unnecessary services, and thus, stay within your budget. The core duties of a bookkeeper include recording financial transactions, balancing books, bank reconciliation, managing payroll, and managing invoices. But a bookkeeper can also do tax filing and create proposals regarding business strategy and processes.  

2. Ask about their qualifications.

It’s important to look at the qualifications of potential service providers to determine if they can meet your needs and help you decide who fits the role you need tome to fulfil. What kinds of bookkeeping services are they offering? What tools or software are they using? Are they accredited by trusted organisations? Do they have Professional Indemnity Insurance?

3. Contact their references.

One effective way to know if the bookkeeper is worth hiring is to talk to their current and previous clients. You should always request for a list of contact references and take time to reach out to them. Be sure to ask about their experience of working with the bookkeeper and if they encountered any issues.

4. Consider hiring accounting and bookkeeping firms.

It’s often better to choose an accounting and bookkeeping firm instead of a sole trader. It is because their team of professional bookkeepers in London will likely be more experienced. Also, these firms offer off-the-shelf packages for different kinds of clients. They have packages that include all the basic services that a small business needs and also the packages designed for bigger companies. The best firms work with various businesses from all sectors as well as those in niche sectors. They tailor their service packages according to the unique requirements of their clients.

About the Author:

Amit Gupta, Director, Allenby Accountants.

Allenby Accountants is a firm of Chartered Accountants in Uxbridge, West London. We offer tax advice, business advice, financial advice and support our clients in achieving the ambitions that they have in life such as buying home, sending kids to a good university, living a happy retired life, etc. Our range of services includes accounting, bookkeeping, tax planning, VAT advice, inheritance tax planning, succession planning, business buying & selling, etc. We specialise in sectors such as medical & healthcare, hospitality, media, ecommerce, professional services, property & construction, charity and not-for-profit and more.

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