Essential Qualities of a Good Bookkeeper
                     Essential Qualities 
of a Good 
Bookkeeper
Every business needs a great bookkeeper! 
Bookkeeping is one of the universal realities of 
being in business.
Along with marketing, networking and website 
maintenance, keeping the books is one of those 
universal jobs that if left to get frazzled can really 
cause great harm to a business. So it makes sense 
to engage assistance to do basic bookkeeping. But 
exactly what services can you expect them to 
provide?
We look at the 5 core roles of a good bookkeeper that 
will benefit you greatly.
Keep Your Day to Day Finances Organised
Knowing your cash flow requires knowing what is 
coming into to your business and what is going out on a 
regular basis. This means keeping track of your 
company’s daily accounting matters and this can be 
time consuming, frustrating or downright impossible 
depending on how little you understand about the 
process. Outsourcing to a bookkeeper means you get 
someone who is always looking after this aspect of your 
business so that you can focus on others.
Implement Systems that Make Your Accounting Easier
A good bookkeeper will assess your current accounting 
system and what improvements can be implemented 
that will allow things to flow more smoothly within the 
business. Plus, it ensures that you are able to share the 
information your bookkeeper needs in a more efficient 
manner.
Sound Budgeting Facts
You need a firm understanding of what can be 
considered investments, what are expenses, which 
invoices have not been collected, which bills to pay as 
well as which ones can be delayed, among other things. 
Having a bookkeeper means having someone on your 
side who has this knowledge. It also means having 
someone who can help you understand what proper 
budgeting means and how to implement it.
Generate Reports as Needed (Using Live Company 
Data)
Financial reports will be important from time to time. 
These may be needed at the end of an accounting 
period, for tax purposes, when seeking a loan or when 
approaching a possible investor. Part of a bookkeeper’s 
role is to generate such reports from the company data 
you would have already provided. Also, he or she would 
also save you the hassle of updating said data if that 
needed to be done before running the report.
Help Save Money
The advice, increased efficiency and overall expertise 
that come from using a bookkeeper will almost 
certainly save you money. In addition to this, you will 
spend less on an outsourced bookkeeper than you 
would spend on a permanent accounting employee. A 
bookkeeper therefore helps you save by showing you 
how to spend less and by costing you less overall.
These are not the only roles a bookkeeper plays. In fact, 
being a good bookkeeper can encompass many 
aspects. Here at iKeep we provide a complete service 
and are keen to assist you solve your bookkeeping 
problems.