I have been bookkeeping for a family member's business for a few years now. It's pretty simple and I did most of it on Excel and upload invoices to Xero. I have decided to learn Bookkeeping properly and take my first step into the industry, I'm currently studying a course, and will hopefully be AAT level 2 qualified in a month or two.
The thing is, I'm still unsure of my performance on the job. I'm not sure of which invoice has which tax applied and all that jazz. I'm gradually learning this at my course but will be coming to an end soon. I guess it's just newbie jitters?
So my question is, what are your recommendations of getting some experience with some real world, tough bookkeeping scenarios before I apply for a job. I don't mind working for free and as long as it takes!
Hi again
Quick response for now as up to my eyes in it!
I would say - dont run before you can walk. Its great that you are getting some experience whilst studying but would suggest that the AAT level 2 qualification may not still open that many doors for you, especially being based in London, where there are thousands of people at level 2 all looking for that same job.
No - dont give up!
AAT Level 2 is entry level stuff and will only a few doors, but get more towards the end of level 3 and you will probably start to notice that you start to get responses to your job applications and even some interviews.
Also worth remembering that VAT is a whole module on its own at level 3. Even then it only really skims the surface in my view but gives you enough of a grounding to know where to start to look for further information. That further information can be found in the VAT Act (law) itself and then also in the guidance notes that HMRC produce by way of there VAT guides and also their own manuals. So, if you really want to start to learn before you get to level 3, start by reading the VAT Guide 700 and then follow it with all the off-shoot guides. Guaranteed to send you to asleep whilst someone pinches your Oyster card!
Level 4 will open more doors and the more interesting jobs, so you wont be purchase or sales ledger clerk for long and can move into other areas within businesses or within accounting practices, but be warned this level is quite different from level 2 and 3 as it aims to separate the can does from the cant.
For practical experience, tap up anyone and everyone you know who has a business or any connections who might be able to open doors for you. Dont assume - always ask. Also, a LOT of people cut their teeth within charity type organisations which are always looking for freebie help, so these are the roles to look for.
HTH for starters
__________________
Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position