I operate an administration business providing admin (general and Contract specialised) services. One of my regular clients has asked whether I can assist him with his 'bookkeeping' i.e. recording transactions, invoicing etc.
I have no formal qualifications in bookkeeping and the experience I have is limited to a MYOB introduction course I have attended plus the use of MYOB for my own business. My question is, as long as I submit the MYOB file to an accountant each quarter for final BAS commitments etc, can I go ahead and provide the services? What are the requirements? Where are the limits/restrictions to the services I can provide?
Thanks so much in advance for your help,