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Asset Depreciation...
(Preview)
I was just wondering if a bookkeeper normally does the asset depreciation or if the accountant does? Many Thanks
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Suffolker
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3
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2374
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Type of ICB membership
(Preview)
Hi I was wondering if anybody could offer some advice please? I am ACCA qualified but am thinking about also joining the Institute of Chartered Bookkeepers. i want to do this as I have just started my own business but am primarily offering bookkeeping services as I do not yet have a practice certificat...
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Purple
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2
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2362
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Accountancy Companies...
(Preview)
Can anyone please explain to me about the following... I keep hearing that Accountancy Companies employ Bookkeepers. Now is it a case of the company pass on a clients books to you, you sort them out and put them onto software at your house, then you give everything back to the company and they sort the r...
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Suffolker
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2
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2439
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Cost of Sales Accounts
(Preview)
Hi I am helping my wife set up a retail business and I am getting confused over COS accounts. COS accounts could include stock purchases, delivery charges, and perhaps could include direct staff and so on. These are expense accounts so would normally be debit entries. However, I have also come across...
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silklink
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1
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2447
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Networking Events
(Preview)
Hi I have recently set up a home bookkeeping business and am about to start the process of acquiring clients (fingers crossed). Can anyone recommend networking events which i can (should) attend to get the show on the road? Thanks Raj
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Raj
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4
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4634
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Prepayments
(Preview)
I work for a local charity and we have obtained 3 year sponsopship from a local company. The money has been given to us in one lump sum to cover the next 3 years. My question is how to record this. Do i enter this years sponsorship in the sponsorship nominal and the next 2 years as prepayments? Any help woul...
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Nimac
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3
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2784
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Partners
(Preview)
Partners When paying Partners personal tax do I post it against drawings.
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Bekka
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1
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2477
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Limited Company help
(Preview)
I am undertaking the books for a ltd co using Sage. The Directors have all been purchasing items themselves with their own money & not through the bank account. I want to put these entries onto Sage to ensure VAT return is correct. I know which nominal code to pass the expense to ie. stationery ac...
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terriwardell
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2
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2398
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Hire purchase
(Preview)
Hi Everyone, My customer pays an amount by Direct debit for a hire purchase agreement each month, just setting him up on Quickbooks, does this go on as a current Liability account as he owes the amount? I haven't got the total amount of the loan as it was long before my time and is due to fininsh in the next 6...
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Amanda
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4
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13114
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Financial Year??
(Preview)
Hi I have a question about financial year on SAGE, I have just received a new client who is a builder, and I have been given last years books to put onto sage, and I am having a brain block, for the life of me I can't remember which is the start of the financial year, the reciepts I have are for April 2007 to Apri...
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shellie
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4
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2559
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reimbursable expenses - double entry treatment manual system
(Preview)
Hello - I'm looking for help to overcome a brain drain... My new client is a trainer, she bills the companies she works for as part fee and part expenses which she has already paid out. Do I account for this as follows: Expenses paid out: DR Expense accounts CR Bank/ cash book For each invoice sent: DR Clie...
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alexsmith
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1
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8706
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Sage instants V10 and V12
(Preview)
Hi, I was wondering if anyone can help me, I have just loaded Sage instants V10 onto my computer (Vista), but I already have Sage V12 on there for another customer, I assuming because they are 2 separate programs that data will not drift from one program to another. In other words the computer won't get...
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Amanda
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3
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2840
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CIS - Returns not submitted
(Preview)
Hi all I am in the process of setting up my own bookkeepping business and have one client so far and all is going well. I also have a friend that has his own construction / maintenance business. He is CIS registered and operates as both a contractor and subcontractor but never submits returns, does not pr...
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Purple
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2
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3122
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Sole Trader v Limited
(Preview)
A quick question - do you have to engage the services of an accountant if you are a sole trader to prepare your books, self assessment etc., ? So far, I have a few clients who I just take care of the general day to day stuff, albeit on a monthly basis, and as yet have not got too involved in the end of year pre...
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Julie
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2
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2336
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Advice please
(Preview)
Hi I have just passed my ICB level1 and going by my grades I seem to fully understanding what has been covered. But my feelings on this are that the main subjects covered in ICB1 were practical (ie the how too's of the actual figure work). I am trying to find out what anyone else thinks of ICB2 and does this c...
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yogi
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4
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2462
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new act - money laundering
(Preview)
Hi everyone I have been told by older bookkeeper that I have to get covered for money laundering. Has any heard about this and is it important - she told me to get info from HMRC I've had a look but sooooo complicated. Let me know if it is important to get it Louise
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loucro46
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1
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2131
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Ensuring Payment from Clients
(Preview)
Hi Can somebody please advise as to how you can ensure that the clients pay you after you have submitted them the book keeping work? Should some terms and conditions for payment be put on the invoices sent to the clients? As you would not know the number of hours that would be required while accepting t...
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Raj
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1
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2404
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Bookcert
(Preview)
Hello, I'm interested to hear from people who use Bookcert especially from people in a similar position like myself who are currently studying for AAT Foundation or similar qualification. I'm interested to know whether it is still worth the investment. I would appreciate the web design & sof...
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pcmanu
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7
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9127
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Agreements with Clients
(Preview)
Hi Can someone please advise if a written agreement needs to be given to the client before accepting the job? If yes, what should be the content of the agreement? FYI, I will be trading as a sole trader. Thanks Raj
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Raj
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2
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2344
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Insurance for a new Book keeping business
(Preview)
Hi Can somebody please tell me if I need any insurance for a Book keeping business I want to set up from home? Thanks Raj
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Raj
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2
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2262
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