Step Three : Resources and Software
Resources for your bookkeeping business can include:-
Books and Guides
- the latest edition books about bookkeeping and accounting in your country, which are often available from the local library
- small business advice websites
- your local business support group
Good bookkeeping software (like Quickbooks or Xero) is a must. It is advisable to get a program for professionals that includes bank reconciling, accounts payable and accounts receivable, inventory control and a good range of reports.
software developers sell basic programs that can do bank
reconciliations and a few reports which are good for very small home
...but for a bookkeeping business I recommend
purchasing the advanced program because it will enable flexibility in
what you can offer to a client, and will prevent you getting frustrated
with the inadequacies of a basic program.
may have already purchased bookkeeping software and will be able to give
you a login so you can access their data online.
I also recommend you get Microsoft Excel which can be used on PC's or Macs. Most bookkeeping software will allow you to export reports to Excel for manipulation so you get them to look how you want and to present them to your clients in a unique way.