Bookkeeping Consultant: Make Smarter Decisions & Grow Your Business

To entrust others with your business’ financial management, you need to ensure that they have years of experience doing it. They need to be expert individuals who have proven skills in the accounting department. That’s understandable given that you’re probably running your business on your own. However, this is not an excuse to overlook your business accounting system.

For example, you might complete the Intuit Bookkeeping Professional Certificate or several other bookkeeping courses offered by universities and companies on Coursera. One of LYFE Accounting’s missions is to help small businesses grow by helping them manage their finances. We strongly believe that each business is unique, thus requiring a accounting consulting specific financial strategy and solution to help it succeed. When you choose to work with our bookkeeping consultants, expect to have actionable solutions to your financial problems. We don’t stop at determining your current financial situation, we provide real solutions that will help you make smarter business decisions in the future.

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70% of our clients pay between $55 to $200 a month for regular bookkeeping services. Because of these factors, advancing your bookkeeping career to a role in accounting can be advantageous. For instance, the job outlook for accountants and auditors has a 6 percent growth rate from 2021 to 2031. The median salary for these roles is also higher than for bookkeepers at $77,250 per year [4]. According to 81 percent of CBs who interviewed for a new job after becoming certified, having a certification contributed to getting the interview [4]. With a certified bookkeeper designation, you are qualified to perform all critical functions through the adjusted trial balance and basic payroll for small to medium-sized businesses.

• Even if you engage the services of an accountant or bookkeeper to help you do your monthly bookkeeping, you will still need to use your accounting software to track your expenses and bill your clients.
• Penn Highlands has a bookkeeping certificate that prepares students to prepare and analyze financial statements.
• If your goal is for your small business to grow by having someone who will help you understand your finances better- then our bookkeeping consultant is just that.
• It also opens up the possibility of becoming a remote QuickBooks Live bookkeeper with Intuit.
• Hybrid programs combine facets of online and in-person learning, such as weekend in-person meetings or on-campus orientations in addition to online classes.

According to entrepreneur.com, accounting consultants are the number one most sought-after types of consultants. Becoming an accounting consultant takes a special set of skills beyond your technical accounting expertise. Technical skills aren’t necessarily the divide between a great consultant and a mediocre one. Passion, drive for excellence, leadership, communication skills, and organizational skills – in addition to your knowledge – play a big role in how successful you will be as an accounting consultant. No matter the timing of your transition to accounting consulting, you will need to plan your new business in advance.

Manage Financial Relationships

Some tasks QuickBooks Live bookkeepers perform include providing assistance in setting up charts of accounts, categorizing transactions, reconciling accounts, preparing financial reports, and more. If you’re interested https://www.bookstime.com/services in being a freelance virtual bookkeeper, you can sign up for freelance marketplace websites to connect with potential clients. Freelance jobs can range from quick temporary projects to long-term employment.