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Becoming a bookkeeper - Printable Version

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Becoming a bookkeeper - patnevin - 03-20-2009

Im going to university, but have some accounts experience - mostly preparing accounts for sole traders/partnerships/ltd companies with no more turnover than £300k.
Now, as a part time job, I thought of becoming a bookkeeper.

Any advice would be amazing.

Would I need to work for someone?
Could I prepare the accounts from start to finish, the final accounts or would I need to hand them to a chartered accountants to be checked?

My initial idea is...

Lets take a joiner.
Hes being charged £1000 by a CAs for his yearly accounts.
I say I'll do them for £500. But he also pays the CA a much reduced amount than the £1000 because I am doing the majority of the work, but still pays the CA, say £250, for the finalising of the accounts and any complex queries.

Would it work?


- CFANerd - 03-22-2009

Anything that pays you something is good and you can have the freedom of self employment as well. In the long run you'll have hands on experience, some industry exposure and something to write on your resume especially if you are at the begining of your career. Definitely not a bad idea.
Dont take my advice as an expert. This is just a suggestion. You might as well consult other people in the similar field.