Professional Book-keepers in Practice - The Book-keepers Forum (UK)

Flex Accounting Services · Flex Accounting Services

Hi there. I'm meeting a potential new client tomorrow who wants his credit control taking care of.. I was just curious as to how other people charge for credit control services, ie fixed monthly rate, rate per hour, percentage of cash collected? Thank you.

hvrservices · hvrservices

Hi, I'm waiting my final exam in August before I'm AAT qualified. Most of my experience over the past four years has been payroll and some bookkeeping work. I've done the odd simple self assessment for family/friends. I've been approached by a potential client to do his self assessment- I wouldn't ta...

Salima · Salima

Hi Everyone I have done IAB manual level 2 and 3 but I am about to join AAT level 3. I was told I had to take an entrance exam. I was wondering if anyone had taken it recently and could give me a clue what sorts of topics I should revise please?

KHagland · KHagland

I have recently started my own business and have a few possible clients who have not confirmed anything with me yet but I also have one who is pretty keen and wants to meet me. I have agreed to meet them early July (when I am officially self employed) but I was wondering if I should charge them for the time I...

geek84 · geek84

Hi Folks I have been doing credit control for the last 10 years, and now have got very bored of it! I got made redundant from my last credit control position a few months ago. So, now I have decided to try something new. I have now started the ICB Book Keeping course and was wondering if any of you folks...

KHagland · KHagland

OK, I know this is probably a really stupid questions but nothing ventured.... If a client asks you to prepare end of year accounts for their accountant would the accountant just be expecting a Balance Sheet and Profit and loss? Also if the client only has a list of all invoices they have issued and all...

RuthA · RuthA

Apologies for this not being strictly on topic, but there is so much collective wisdom here that it seemed an obvious place to ask for a bit of help. I'm part of a group that is looking in to setting up a national association. I can't give much information as at the moment it's all a bit hush-hush, but we're...

lots to learn · lots to learn

Hi Just a quick question I complete a lot of s/a for small businesses and don't usually produce accounts unless they request them However, I thought I should maybe include an income and expenditure account as standard just to maintain professionalism. My question is, where I have used mileage allo...

CET Bookkeeping · CET Bookkeeping

Good morning, I hope someone can help.... I have been asked the question this morning by a potential client.... are we a payroll bureau? Can someone please explain to me the difference between this and a normal payroll service? Many thanks

kjmcculloch · kjmcculloch

I've just realised that I don't know if we're allowed to advertise here or not, but I'm sure a mod will remove it if I have overstepped the mark. I have just teamed up with a web designer to offer web sites to my customers, but I thought I'd offer them to you guys too. We're doing a four page site, with a co.u...

Yuping · Yuping

Hello everyone, I am here to ask a question. My Ltd company usually has a rent rate £16,000 a year (my aunt is the landlord and this is her only income) I also pay her rental income tax about £2000 a year. You know I was thinking of let her become one of the shareholders in my company. So she can get dividend of...

kjmcculloch · kjmcculloch

Just interested in the views of others from the forum. I have used an 0845 number for about the last year and after much consideration (and a large amount of procrastination) I have decided it had to go. I now have a local number and after talking to many people (including the guy who printed me 500 busin...

CET Bookkeeping · CET Bookkeeping

Hi all, is there a minimum amount of NI that someone has to pay across to effectively qualify for their 'stamp' i.e if they were a Director paying themselves £500 / mth, they would obviously only pay a small amount across.... Many thanks

gennyjones · gennyjones

For over 15 years, I have worked in various roles in the accounting profession and still keeping my passion for music and dance. In my early twenties I even use to run a dance company over the weekends and even wrote a dance drama which was performed in a small theatre and various community centres. I rem...

infotaxsquare · infotaxsquare

Finally i got this forum and registered myself this is looking very nice place to learn and share new ideas thanks

Lisa Jo · Lisa Jo

Hello everyone I have a good question that I believe I know the answer to but just want you to clarify. Most banks now ask for a personal guarantee on overdrafts, loans etc which they will call upon if the company goes bump. I have a client that pays back a loan and some credit cards through his new busine...

CET Bookkeeping · CET Bookkeeping

Good morning, hope all have had a good weekend. When putting through mileage logs for a company vehicle is there a set amount from the miles clocked up that can be put through to reclaim the VAT? i.e. 42p per mile or 45p per mile? Guidance would be appreciated. Many thanks

Freifer · Freifer

Question 3You are presented with the trial balance of Law Limited for the year ended 31 December 2006. DrCr $000$000Accumulated profits 2,100Administrative expenses5,600 Provision for doubtful debts 250Buildings3,500 Buildings accumulated depreciation 1,000Cash at bank and in ha...

Freifer · Freifer

Question 2 You are presented with the trial balance of CWS Limited for the year ended 31 December 2007. DrCr $000$000Accumulated profits 2,100Administrative expenses5,600 Allowance for receivables 250Buildings3,500 Buildings accumulated depreciation 1,000Cash at bank and in han...

Freifer · Freifer

Question 1 Terry and Lampard have been in partnership for many years. The profit sharing ratio has always been Terry 60% and Lampard 40%. The net profit for the year ended 31 March 2007 was $520,000. Drogba joined the partnership on 1 January 2007, and introduced $160,000 into the business; $80,000...

Topic		Started By	Replies	Views	Last Post
	anyone offer credit control services? (Preview) Hi there. I'm meeting a potential new client tomorrow who wants his credit control taking care of.. I was just curious as to how other people charge for credit control services, ie fixed monthly rate, rate per hour, percentage of cash collected? Thank you.	Flex Accounting Services	4	5585	Mon Jun 21 23:13 2010 by The Credit Control expert
	Local Bookkeeper allowed to do self assessments? (Preview) Hi, I'm waiting my final exam in August before I'm AAT qualified. Most of my experience over the past four years has been payroll and some bookkeeping work. I've done the odd simple self assessment for family/friends. I've been approached by a potential client to do his self assessment- I wouldn't ta...	hvrservices	25	7410	Mon Jun 21 12:15 2010 by RuthA
	Advice on AAT entrance exam (Preview) Hi Everyone I have done IAB manual level 2 and 3 but I am about to join AAT level 3. I was told I had to take an entrance exam. I was wondering if anyone had taken it recently and could give me a clue what sorts of topics I should revise please?	Salima	4	7637	Sun Jun 20 15:54 2010 by Salima
	New Client (Preview) I have recently started my own business and have a few possible clients who have not confirmed anything with me yet but I also have one who is pretty keen and wants to meet me. I have agreed to meet them early July (when I am officially self employed) but I was wondering if I should charge them for the time I...	KHagland	4	5389	Sun Jun 20 09:39 2010 by Julie
	Career advice (Preview) Hi Folks I have been doing credit control for the last 10 years, and now have got very bored of it! I got made redundant from my last credit control position a few months ago. So, now I have decided to try something new. I have now started the ICB Book Keeping course and was wondering if any of you folks...	geek84	18	7065	Sat Jun 19 22:02 2010 by Shamus
	End of year Accounts (Preview) OK, I know this is probably a really stupid questions but nothing ventured.... If a client asks you to prepare end of year accounts for their accountant would the accountant just be expecting a Balance Sheet and Profit and loss? Also if the client only has a list of all invoices they have issued and all...	KHagland	3	5773	Tue Jun 15 13:51 2010 by adi2402
	Starting an association (Preview) Apologies for this not being strictly on topic, but there is so much collective wisdom here that it seemed an obvious place to ask for a bit of help. I'm part of a group that is looking in to setting up a national association. I can't give much information as at the moment it's all a bit hush-hush, but we're...	RuthA	2	5021	Tue Jun 15 11:03 2010 by RuthA
	Income and Expenditure Account (Preview) Hi Just a quick question I complete a lot of s/a for small businesses and don't usually produce accounts unless they request them However, I thought I should maybe include an income and expenditure account as standard just to maintain professionalism. My question is, where I have used mileage allo...	lots to learn	2	5405	Mon Jun 14 13:08 2010 by lots to learn
	Payroll (Preview) Good morning, I hope someone can help.... I have been asked the question this morning by a potential client.... are we a payroll bureau? Can someone please explain to me the difference between this and a normal payroll service? Many thanks	CET Bookkeeping	2	3300	Mon Jun 14 11:47 2010 by CET Bookkeeping
	A blatant advert (Preview) I've just realised that I don't know if we're allowed to advertise here or not, but I'm sure a mod will remove it if I have overstepped the mark. I have just teamed up with a web designer to offer web sites to my customers, but I thought I'd offer them to you guys too. We're doing a four page site, with a co.u...	kjmcculloch	4	6507	Fri Jun 11 21:02 2010 by Rhianrach
	as a rent or as dividend? (Preview) Hello everyone, I am here to ask a question. My Ltd company usually has a rent rate £16,000 a year (my aunt is the landlord and this is her only income) I also pay her rental income tax about £2000 a year. You know I was thinking of let her become one of the shareholders in my company. So she can get dividend of...	Yuping	1	5117	Fri Jun 11 18:54 2010 by adi2402
	0845 numbers - great professional look or a waste of time? (Preview) Just interested in the views of others from the forum. I have used an 0845 number for about the last year and after much consideration (and a large amount of procrastination) I have decided it had to go. I now have a local number and after talking to many people (including the guy who printed me 500 busin...	kjmcculloch	7	5889	Fri Jun 11 12:17 2010 by Wella
	National Insurance contributions (Preview) Hi all, is there a minimum amount of NI that someone has to pay across to effectively qualify for their 'stamp' i.e if they were a Director paying themselves £500 / mth, they would obviously only pay a small amount across.... Many thanks	CET Bookkeeping	1	5780	Thu Jun 10 17:38 2010 by RobH
	Genny Jones - More than an accountant (Preview) For over 15 years, I have worked in various roles in the accounting profession and still keeping my passion for music and dance. In my early twenties I even use to run a dance company over the weekends and even wrote a dance drama which was performed in a small theatre and various community centres. I rem...	gennyjones	35	11475	Wed Jun 9 21:28 2010 by Stardoe
	Hello from NY (Preview) Finally i got this forum and registered myself this is looking very nice place to learn and share new ideas thanks	infotaxsquare	6	5650	Wed Jun 9 11:23 2010 by Shamus
	Good question for you.. (Preview) Hello everyone I have a good question that I believe I know the answer to but just want you to clarify. Most banks now ask for a personal guarantee on overdrafts, loans etc which they will call upon if the company goes bump. I have a client that pays back a loan and some credit cards through his new busine...	Lisa Jo	6	6251	Mon Jun 7 19:35 2010 by Lisa Jo
	Mileage claims???? (Preview) Good morning, hope all have had a good weekend. When putting through mileage logs for a company vehicle is there a set amount from the miles clocked up that can be put through to reclaim the VAT? i.e. 42p per mile or 45p per mile? Guidance would be appreciated. Many thanks	CET Bookkeeping	1	5021	Mon Jun 7 09:35 2010 by Shamus
	Question 3 need solution (Preview) Question 3You are presented with the trial balance of Law Limited for the year ended 31 December 2006. DrCr $000$000Accumulated profits 2,100Administrative expenses5,600 Provision for doubtful debts 250Buildings3,500 Buildings accumulated depreciation 1,000Cash at bank and in ha...	Freifer	23	6187	Sun Jun 6 19:50 2010 by clott
	Question 2 (need solution as i don't have a markscheme) (Preview) Question 2 You are presented with the trial balance of CWS Limited for the year ended 31 December 2007. DrCr $000$000Accumulated profits 2,100Administrative expenses5,600 Allowance for receivables 250Buildings3,500 Buildings accumulated depreciation 1,000Cash at bank and in han...	Freifer	0	4800	Sat Jun 5 11:27 2010 by Freifer
	Partnership question (Preview) Question 1 Terry and Lampard have been in partnership for many years. The profit sharing ratio has always been Terry 60% and Lampard 40%. The net profit for the year ended 31 March 2007 was $520,000. Drogba joined the partnership on 1 January 2007, and introduced $160,000 into the business; $80,000...	Freifer	0	5560	Sat Jun 5 11:24 2010 by Freifer
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