Make Connections

Network, Get Answers, Find Members in Your Area, and More!

Forums » Accounting & Financial Management

help needed

    • 14 posts
    April 10, 2007 12:08 PM EDT

    Hi Tayla

    If you are interested in being a professional bookkeeper, look to American Institute of Professional Bookkeepers.  See www.aipb.org.

    Its this institute that is thorough in educating future bookkeepers it has a certificate program that will give you the credit you need. 

     

    There are a lot of activities that you will find yourself doing for year end such as.

    1.      The closing of all expenses and revenues to owner’s equity or stockholders equity

    2.      The issue of qualified 1099’s for vendors or contractors.

    3.      The year end of corporation’s annual income report return filed to the state.

    4.      Company’s financial Year End Comparitive statement or standard statements with financial notes of activity if a public corporation (small business are too encourage to include these notes since it is the latest trend in financials)

    5.      The issue of w-2’s for employees from the prior year

    Before all this year end issues that you will face there are monthly, quarterly, semi annual and annual reports that will be needed depending on the type of business and its activity.

    In the end when pursuing your profession as a bookkeeper they will only cover so much as far as accounting goes, there are tax issues that you will need to be aware of and on top of each month.  Not that if the company sales and delivers products to different parts of the country (US) they will or may be likely to the sales tax liability for that state and local area (city or county).  That being said the company will have to register as a interstate or foreign commerce.  Look to the department of revenue for more on that.

    Good luck with your profession!

    Bree

     

    • 20 posts
    April 7, 2007 4:24 PM EDT
    There are many different qulifications you can possess to handle things.  At the far end of the spectrum are CPAs and at the other end are bookkeepers.  Check out http://www.aipb.org/index.php 

    ---
    www.LukasCoaching.com

    Low-cost website design, payroll processing, bill payment, bookkeeping and financial coaching for the distressed or well-off consumer or business.

    Full service coaching firm offering, career, financial, health & nutrition and business coaching.

    • 1 posts
    March 30, 2007 7:44 AM EDT

    a friend has just started up a business, he is asking me to do his accounts, i havent got qualifications but am confident in all areas.im just about to start a course for starting my own book-keeping & payroll business, but it doesnt give you a recognised qualification, they are optional at extra costs etc

    just out of interest what qualifications do you need to be the company account, to do all end of year stuff etc..........

    i always thought an outside accountant was needed for any company

    im confused can anyone clarify

    • 33 posts
    January 7, 2014 1:10 PM EST


    Dear Sir/Ma

    I write to introduce our financial services to you. I am a direct mandate to a Financial Institution who is also known as private lender specialized in the Lease and Sales of Bank / Financial Instruments in the form of Bank Guarantees (BG), Standby Letter of Credit (SBLC), Documentary Letter of Credit (DLC), Letter of Credit (LC), Performance Bonds (PB), Medium Term Notes (MTN) et al with funds is purely earned from private and corporate investment portfolios without criminal origin.

    We offer these from a genuine and certifiable finance company as the provider hence we are able finance your signatory projects and help you enhance your business plan. Furthermore, our financial instrument can be used for the purchase of goods from any manufacturer irrespective of their location. It can also serve as collateral with any bank in the world to secure loans for your project or to activate credit line to finance your business plan.

    Our financial instrument can be invested into High Yield Investment Trading Program {HYITP) or Private Placement Program (PPP). All bank instruments are for lease and/or sale from a genuine and reliable source without broker chain / joker broker story or chauffer driven offer while having your required time frame in mind.

    We specialized in Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Confirmable Bank Draft {CBD} as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the face value of the instrument needed.

    We will be glad to share our working procedures with you upon request to help us proceed towards closing deals effectively.

    Thank You

    Contact : Mr. Mahendra Jain
    Email : Jaindrabglease7@gmail.com
    Skype ID: Jaindra.bglease