Forum

topBanner
First Previous - Page 1 of 1 - Next Last

Unsure on what a bookkeepers role actually is....

  • 2 posts
  • # 85859



Hi all, This may sound like some silly questions that i am about to ask but here it goes........I have just done distant learning level 1 in bookkeeping and just began level 2. Whilst studying i was recieving help from a qualified bookkeeper who told me to get some insurance and a small business to get some experience. I took her advice and done so although now she has moved her offfice and i cant get hold of her anywhere! I now have this business on my hands unsure what it is i shoul be doing! I think that maybe passing level 1 was just a stroke of good luck as i feel like i dont know what i am doing atm. I have so far got the owner of this business to fill in some daily records sheets which i take at the end of the month along with his reciepts and bank statements. I am doing his bank reconciliation, cash book on a excel and that is all. I have spoken to his accountant and he has said this is fine. Should i not be doing more? What is the actual role of a bookkeeper besides bank reconciliations and logging the daily records?? Advice please.......
kjmcculloch
  • 1159 posts
  • # 85864

Hi Jess,

I assume you registered with HMRC for MLR.  My advice would be to do level 2 then become an associate member and apply for a practice license.

This will do two things,  first it will give you a more solid grounding in bookkeeping.  Level one is really just an introduction, and not really enough to setup a business on the back of.  It's great that the accountant is keeping you right, but how would you feel if you really messed up because, as i think you already realise, you may be a bit out of your depth.

secondly it will give you access to the ICB's technical support, who can help you through any difficulties and you will be able to tap into a network of bookkeepers for some peer support.

just my advice.

Kris 
  • 2 posts
  • # 85872

kjmccullochsaid:

“Hi Jess,

I assume you registered with HMRC for MLR.  My advice would be to do level 2 then become an associate member and apply for a practice license.

This will do two things,  first it will give you a more solid grounding in bookkeeping.  Level one is really just an introduction, and not really enough to setup a business on the back of.  It's great that the accountant is keeping you right, but how would you feel if you really messed up because, as i think you already realise, you may be a bit out of your depth.

secondly it will give you access to the ICB's technical support, who can help you through any difficulties and you will be able to tap into a network of bookkeepers for some peer support.

just my advice.

Kris ”
Hi thanks for your reply, yes i do realise that i may be out of my depth but at the time i was doing as adised by a bookkeeper. I have since consulted the accountant who is actually doing the accounts for this buisness at the end of the year and he has assured me that whatever i do cant be wrong as if so he would just get one of his bookkeepers to do them again from beggining. as for the hmrc i have called them several times and they have said that because im not actually being paid for this work and its voluntary i do not need to apply until i am doing this for a living. i am not actually trying to start a business right now as i have only just begun level 2 although this is my future plans after i have completed the level /4. i am led to believe that the level 3/4 is for more helping to resolve problems that may occur within the bookkeeping. what would your advice be for me? just done level 1 as a homestudy and begun level 2 last week. I am doing this as a home study also but would you advise doing a home study right to the end or a college course?? Is a home study any good for starting off as a sole bookkeeper when i eventually pass? Is this possible and something that is achieveable?
apologies for all he questions
many thanks once again

Jess!
First Previous - Page 1 of 1 - Next Last
bottomBanner
loading