I would like to start a bookkeeping business but I have no accounting background.?

Question by Tiff Tiff: I would like to start a bookkeeping business but I have no accounting background.?
I’ve been working in purchasing for 3 years now and would like to start a small business. If you don’t think Bookkeeping is a good idea. Please give me an idea on a business that a Purchaser could start. icon smile I would like to start a bookkeeping business but I have no accounting background.? Thank you for all your help.

Best answer:

Answer by Feeling Mutual
Since you are starting a business, you need an accountant and accounting software.

The people who run a company, do not have to know all the little details, but they do need to be able to hire the people to do the job.

Hire an accountant.

If you need help setting up your new corporation, I can help, but for a fee.

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One Response to “I would like to start a bookkeeping business but I have no accounting background.?”

  1. nomnkybusiness says:

    I wouldn’t start a bookkeeping business unless you have a lot of experience in that field.

    Are you good with computers? Do you know how to use Excel and QuickBooks? Can you process payroll and figure payroll taxes and sales taxes? Do you know how debits and credits work? Do you know how to make journal entries? Do you know how to do accounts payable and accounts receivable? Can you reconcile a bank statement?

    If you can do all these then you should have a good start in getting clients and taking care of their bookkeeping needs. If not, then you might want to take some courses at your local junior college (basic accounting, Payroll accounting, Excel and QuickBooks).

    Good luck!

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