In short, yes.
By most measures, handling the debits and credits of accounts is not a simple skill and definitely not intuitive. A qualified bookkeeper has the technical knowledge to correctly process and adjust transactions in line with financial reporting standards.
While the very basics of bookkeeping, especially with the aid and automation of software, may be done by most unqualified bookkeepers, any level of bookkeeping beyond that should best be left in the hands of a qualified bookkeeper.
Sometimes the likes administrative clerks and virtual assistants are tasked to do some bookkeeping, but risks abound.
While bookkeeping is not a regulated profession in many countries, there are several professional qualifications and certifications that bookkeepers can obtain to demonstrate their expertise. In the UK, the most widely recognized certification for bookkeepers is with the Institute of Certified Bookkeepers.
In addition, many bookkeepers have completed formal education programs in accounting or bookkeeping, such as an associate's degree in accounting or a certificate program in bookkeeping.
Hiring a qualified bookkeeper can offer several benefits to your business, including accurate financial records, compliance with tax laws and regulations, and peace of mind knowing that your finances are being managed by a professional. It can also save you time and money by avoiding costly mistakes and ensuring that your financial records are up-to-date and accurate.
When hiring a bookkeeper, it's important to ask about their qualifications and experience, as well as their familiarity with the software and technology used in bookkeeping. This will help you find a bookkeeper who can meet the specific needs of your business and ensure that your financial records are accurate and up-to-date.
At Vookeeper, all of our online bookkeepers are qualified and vetted for professionalism. Get started with us to get your own dedicated and qualified bookkeeper.
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