Common Bookkeeping FAQs
Here at Protea Financial, we get asked a lot of questions from our current and prospective clients. In order to help, we have come up with bookkeeping FAQs to help. Please take a look through them to see if they help answer any questions you have. If you have specific questions on bookkeeping you would like us to answer, please fill out the form below and email us. We will do our best to answer each of them!
A bookkeeper often works with small businesses to record all purchases and sales that company makes. They keep day-to-day records of your business’s accounts, so you know where you stand as far as income, expenses, and cash-on-hand goes.
An accountant, on the other hand, does this and much more. Accountants can analyze data to draw conclusions, plus make suggestions that can help your business grow. It’s fair to say that an accountant can be a bookkeeper, but a bookkeeper may not necessarily be an accountant.
Thanks to the cloud and videoconferencing options, there’s no longer any inherent advantage to meeting with a bookkeeper in person. You can share information from anywhere. In fact, working with a virtual bookkeeper means you have more options and can look for someone who specializes in bookkeeping for your industry.
This depends on how much bookkeeping work you have and what you need. When you contact Protea Financial, we’ll discuss what your needs are and how much work you’ll have for your bookkeeper. Then we’ll determine a schedule for your virtual bookkeeper that meets those needs.
There are a variety of different ways you can reach out to your virtual bookkeeper. You can call them, communicate via email, set up virtual meetings, or do a combination of all three. We’ll use whatever method of communication you’re most comfortable with.
Yes, all our bookkeepers are trained in professional bookkeeping practices and standards. Many have additional training and certifications and have experience working in a variety of bookkeeping and accounting positions.