![]() ![]() The fee agreement will be fine and everything but then you run into problems such as them not paying (especially if they are start ups and especially if they know that two people in their mid-twenties aren't going to be harsh about collections because they need the business). Smaller (or newer) companies are very tricky, especially if bookkeeping is "a burden" to them. I have some experience with this due to working/managing a similar company (except for the fact that it is the child company of a tax law firm). It is definitely a risk and you will have issues with your client base. A large city probably has it covered but remember, there are small rural towns, water districts, MUDs, and various other government type entities that are required by the state to have an audit and therefore, need bookkeeping. TIP EDIT: You might also try this with governmental entities. The reason I say this is because auditors cannot audit their own work and well sometimes, you end up doing so many corrections that it gets a little gray as far as independence is concerned. You could charge a higher rate too I imagine. You then could come in as a consultant, review the books, and make corrections before the audit begins. They may recommend you to some of their audit clients. TIP: If you are going to try this, call the local public accounting firms, mention what you would like to do and ask if they have any audit clients who could use help with their books. ![]() Issuing financial statements - did you know only a CPA can issue compiled financial statements (at least in Texas)? I think there are ways around this and honestly, if the state chapter gets pissed what are they gonna do? Yank you're license?ĬPA mentors to oversee your work - are they going to charge you? If so at what billing rate? It's going to be more than 25/hr I know that.Īll that said, if I was 23, I'd give it a shot for the hell of it. How much can I charge a small business before I'm over priced? Based on craiglist or bookkeeper wanted ads, about $15 - $25.Ĭompetition - Did you know most public account firms offer some sort of bookkeeping/write up service? And for rather cheap in my opinion. Some thoughts I've had on the idea:Ĭan I sell my service to business owners who do not value bookkeeping? I've considered this also over the years while working in public accounting. We have never verified the credentials of any user. Please seek appropriate professional advice for tax-related matters. Resume Homework Offtopic Undo Filter Useful Links General InformationĪny opinions provided within this community are for informational purposes only. Accounting Coach - For Students, Small Business, & Bookkeepers.Brigham Young's Learning Accounting Free./r/Accounting's CPA review course recommendations - 2014.Podcast - How to find the best external accounting recruiter.Please use the report button to ask the moderation team to address off-side comments. While no advice or credentials of those giving advice have been verified or endorsed, any blatant violations of ethical rules are not tolerated. This also extends to PM'ing users because of comments they made on this subreddit. We expect users to not use the subreddit for financial gain, although we will remove self-promotion regardless of whether there has been personal financial gain. Do not post your own blog, website, or video channel. This includes business solicitations and advertisements, referrals and job postings. Personal attacks are not tolerated.Ģ) Avoid most self-promotion, advertising, or solicitation. You can feel free to be "harsh", but never insulting. ![]() Live chat on Discord! Click here for an invite Rules:īe patient with others. ALL SIDEBAR LINKS IN OLD REDDIT ARE NO LONGER KEPT UP TO DATE, PLEASE VIEW NEW REDDIT FOR UPDATED LINKS /r/Accounting Chatroom: ![]()
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