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Post Info TOPIC: Clients bank account


Senior Member

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Clients bank account
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Hi

I have been asked by a client if I can pay suppliers etc by having access to their bank account.  Does anyone else do this.  If so, what procedure would you suggest?  

 

Many thanks

 



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Master Book-keeper

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Yes you can do it. Get yourself added to the Bank mandate with appropriate restrictions (if they wont do the latter then dont do it!)

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 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

JRA


Veteran Member

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From my point of view, I would ensure that you have written confirmation (email) of any payment you make.

I tend to avoid bank accounts for clients...



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www.juderoseaccountancy.com



Master Book-keeper

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Posts: 8646
Date:
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Thanks?



__________________

 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

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