I have a new client who will use my services for the implementation of a project involving the setting up of XERO with RE-LEASED. It will be a one off job as he already has a accountant who will do the bookkeeping once the initial information is set up on XERO.
I have given him a quote and if he goes ahead, I will send him a letter of engagement to confirm what we have agreed about the scope of the work involved.
Do I need to apply the AML requirement and ask for his ID etc? Does this need to be recorded?