AAT Qualified, but don't know where to start with setting up book keeping

woobabe

Hi

Please can you help, I completed my exams in June 09, and would like to start doing some sole traders accounts! The trouble is I don't know where to start!!!

How much should I charge, they will be just handing me a box of receipts and banks statements. I don't want to over price myself out the market.?

Also do I need to become a MIP, as I will probably only do these books as I work full time. Although if I found it easy enough and got recommended others, I would do more.

Any help anyone can give me would me much appreciated.

deanshepherd

Pricing yourself out of the market is the least of your problems.

Are you doing the tax return as well? Have you done one before?

T.C.

You should check out the AAT website for advice. You will need MIP, insurance etc. They have good advice on their site and will also help you by phone.

MoneySavingBank

Talk to AAT

Hi,

It depends on your services.

Regarding price, please see the post here> http://forums.aat.org.uk/showthread.php?t=28664

and A Small Guide for Accountants in Practice please check this> http://blogfusion.co.uk/a-small-guide-for-accountants-in-practice/

And for your information, please do a small budget for your business and a small forecast. Because it seems cheap to start a business but sometimes it takes money more than you expect. And It will help to run your business without major trouble.

Some cost to consider for a practice given below:

Payroll= £ ?
AAT Licence= £ ?
PII= £ ?
Bookkeeping Software= £ ?
Tax Computation and Online Submissions= £ ? Expensive
Tel= £ ?
Fax= £ ?
Mob= £ ?
Website Domain name+ Building + Hosting= £ ?
If you need a computer just for business= £ ?
Printer=£ ?
If you want Broadband= £ ?
Other IT Hardware & Softwares=£ ?

If anybody think I am missing some more cost, please add them.

I wish you all the best.

Ta,
MSB

anniem

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