Home Equipment and Software
Home - Starting off small and on your own means that you could set up your 'office' on your dining room table. If you have to meet clients and you don't feel that your 'office' is a suitable venue then you could arrange to go to a quiet coffee bar, or meet in the client's office or home.
Equipment - If you don't have a computer, you could consider doing bookkeeping the old-fashioned way and set up a manual cash book, even starting a double-entry system.
This will work well if your first clients are fairly small with a low number of business transactions.
If you have a computer but no bookkeeping software, there are several cheap options to get you started:-
- Set up a cashbook in your spreadsheet programme, like Excel. If you can't afford Excel, an excellent option is the Open Office Spreadsheet – this is a free download and works extremely well. Note, this is a spreadsheet programme with self calculating capabilities – it is not bookkeeping software.
- Purchase basic bookkeeping software to load on to your computer. Basic programmes come with cash book and bank reconciliation options and some have accounts receivableoptions.
- There are many online bookkeeping programmes for which you can pay a fairly low monthly fee to access. All the information is kept in the online provider's servers so you don't have to worry about constant backups.
- Your work from home bookkeeping service could use the great option of Remote Computer Access - This is software that enables you to remote in to a customer's computer from your computer allowing you to use their bookkeeping software.
There are some free options out there. Initially, the remoting software needs to be loaded onto both of your computers with a password assigned.
Simply log in at a time that suits you both (they cannot use their computer at the same time as you).