Bookkeeping has been around for probably as long as businesses have; business owners have been tallying their books and managing their accounts for countless years. Now, centuries later, businesses and bookkeeping are still around, however, the nature of both businesses and bookkeeping has changed. Who would have thought a couple of decades ago that we would be buying and selling things online? Yes, things are changing, faster than anyone ever thought possible; some changes are good, while others not so much so.
But good or bad, the changing times demand that businesses and bookkeeping also evolve and catch up with the pace of the world. Online bookkeeping, QuickBooks bookkeeper, cloud bookkeeping services are growing in popularity with each passing day; all this begs the question- are bookkeepers growing obsolete? Never, however a bookkeeper can no longer hope to function the old way. Bookkeeping today is efficient, quick, cost effective and provides real time updates. Bookkeepers are required to know not only bookkeeping and accounting, but also how to use bookkeeping and accounting software like QuickBooks. They also need to know other apps and programs that can work with the accounting software to make their work more efficient and quick. Breaking down financial jargon and explaining it to clients is also of great importance in today’s world.
It is not only what is expected of bookkeepers that has changed, things expected of business owners have also changed. If you want your bookkeeper to give you the best, you need to take at least 5 minutes every day to upload your receipts. With just that your bookkeeper can make sure your books are up-to-date and accurate and that you are at par with your competitors. In fact with the numerous tools at their disposal, your QuickBooks bookkeeper will be able to make sure that you get detailed financial reports, weekly and monthly, which will allow you to make well informed business decisions.
Bookkeeping is here to stay. Whether you are a business owner or a bookkeeper, remember, for your business or practise to flourish, you need to stay with the times and make the best of the tools that modern day technology offers you.