2 key questions about QuickBooks Live
Audience members wanted to know two primary things: What will they do as a QuickBooks Live Bookkeeper and what’s in it for them.
Question #1: What’s my role? Although many more details about how the program works, qualifications and a complete set of FAQs can be found on the Firm of the Future blog, this is a part-time role for remote U.S.-based Certified ProAdvisors® to practice their bookkeeping skills, while enjoying the benefits and stability of working for Intuit, a large, public company. Benefits include 401(k) enrollment with a match by Intuit, an employee stock purchase plan and bonus incentives.
In other words, participants become employees of Intuit and will receive various associated benefits with being an employee. Several members of the audience who owned their own firms commented that this would be a good role for junior staff or new hires to take on in order to increase their bookkeeping acumen and get some real-world client experience, even if it’s only online. Conversely, for various reasons such as filling in the gaps during slow times or working for a larger company, there were quite a few experienced accounting professionals who also saw the positives to becoming part of this program.
Once a professional applies to be a QuickBooks Live bookkeeper, they will be assessed on their level of skills and assigned one of four roles: associate bookkeeper, senior associate bookkeeper, expert bookkeeper, or senior expert bookkeeper. The ability to move up the ladder is available through three levels: expert, lead, and manager.
Something else important to note came from several audience members. The bookkeeper assigned to each customer is not to provide financial advice or any kind of analysis of the business’ books; instead, the bookkeeper will:
- Customize and set up QuickBooks
- Categorize and reconcile transactions
- Provide on-demand assistance
- Help ensure the books are accurate at month end
- Teach typical workflows
- Provide personalized monthly reports
- Get the customer ready for tax time
Once they are hired, all bookkeepers receive a computer, webcam and other accessories – all provided by Intuit. Note the webcam will provide one-way video conferencing in which clients can see the bookkeeper, but the bookkeeper can’t see the client. This was designed to create a virtual relationship without the client concerned about the way they look or the environment they are in.
Question #2: What’s in it for me? QuickBooks Live offers participants the ability to earn extra income, work from home during hours set on a fixed schedule (20-30 each week, 6 a.m. to 6 p.m., PST, Monday-Friday), and the ability to learn from a network of professionals about new industries, bookkeeping best practices, and new technologies.
Next steps
If you are interested in becoming a QuickBooks Live bookkeeper, now is the time to apply, and stay tuned to the Firm of the Future blog for continuous updates.