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Post Info TOPIC: New Company


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New Company
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Hello Everyone

I am Rob from Garforth in Leeds and have recently set up my new Company, QBE Book-Keeping, and would like some advice.

I have worked in Accounts for 15 years, and have  decided to take the leap of faith and form my own little Book-Keeping company.

I am trained using Sage Line 50, but I was wondering which software to use for all these many companies accounts that will be flocking to me to use my accountancy knowledge?

Also I have set up a website (www.q-b-e.co.uk), and sent out flyers and e-mails to local companies. Any more advice to get my Compnay noticed and get more clients?

Is there any Professional bodies I could join? I have no formal accountancy qualifications, hence the name, Qualified By Experience.

Cheers Rob



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Rob Wilde


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Hi Rob,

you may find that joining a professional body restricts the services that you are allowed to offer. However, not being a member of a professional body means that you will need to get MLR cover directly from HMRC before you are allowed to practice (The penalties include potential imprisonment if you don't have it).

The problem with Sage (besides it's price) is the restriction on number of companies. This has sent quite a few people down the VT Transaction+ route but whilst VT+ is great software it really does feel more like Excel than Sage... Maybe that why I like it.

As a quick aside QBE in my world (banking) means Query By Example. One of those things. So many required meanings so few three letter accronyms.

Good luck with the new business Rob, Look forwards to chatting lots on here,

kind regards,

Shaun.



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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.

gbm


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Hi Rob,

Welcome to the forum.

Re final accounts, would echo Shaun's suggestion for VT, it's a great program for completing final accounts. I think it also covers the iXBRL requirement that is now mandatory for ltd co's. Having re-read your post, I think I got the wrong end of the stick, but would still recommend VT.

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Regards,
Nick

Website: www.gbmaccounts.co.uk
Twitter

Factsheet | Starting a Business

 



Guru

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Spot on Nick, latest version of VT is IXBRL compliant, you can trial it at the mo' but you cant submit online with it.

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Tony

Responses are intended as outline only. Formal advice should be sort from your Institutes Technical Department or a suitably qualified Accountant.
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