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Starting up - paper or computer

  • 4 posts
  • # 75287

Hi everyone,
I've just become an Associate and am awaiting the result of my computerised level II exam. Following that I am seriously thinking about starting up in Practice.  Once I have a license I will advertise locally but have no idea of the type of business that I will get responses from.  In thinking through all the steps beforehand I have a very naive question:

Am I likely to be asked to carry out 'hard copy' or computerised bookkeeping?
I have checked the forum regarding software to use and have an idea, but if the client wants 'paper' bookkeeping records, how do I go about it? will the client provide the ledgers or will I have to obtain them and if so, how many, what type and from where?

I've never worked in accounts before and now realise how little I know about the day-to-day obvious stuff.  Any advice would be great.  I'm nervous about appearing ignorant on my first interview with a potential client.

thanks

  • 1159 posts
  • # 75288

Hi Lesley,

Congratulations on becoming an associate and good luck with your exciting new venture.

I have to say I have never been asked to do paper based bookkeeping work.  To be honest I've yet to have a client (other than an accoutant I was doing some work through) ask for a particular software package to be used.

My own feeling is that most clients, more so with sole traders, need a self assessment and the paper work required to carry it out.  In the main they dont particularly care about,  or want to understanding the final accounts, although I do keep chipping away at them.

Hope my ramblings are of some help.

Kris 

  • 4 posts
  • # 75294

> > >Kris, thanks for your advice, I feel more reassured and am very eager to get my exam result so that I can get started.  I will be attending the November summit and should pick up more good advice then.  After reading about the requirements of the MLR, I am a little daunted about asking clients for confirmation of their status, but I'm sure that will pass. > >Thanks, Lesleyr > >

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