Institute of Certified Bookkeepers
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Data Entry vs Bookkeeping

  • 1 post
  • # 84007

Hi everyone,

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, 

smittygal       

  • Fellow in Practice
  • Practice Certificate
  • 455 posts
  • # 84069

> Hi
your question has many facets to the answer and gets quite complex
have a look at our BAS Agent page for info all around the issue

in short
anybody can do bookkeeping work, similarly anybody can do accounting work
BUT if your client is relying on you for work around the obligations and entitlements of the BAS that is ldoged with the commissioner then you MUST be a registered BAS Agent.
Simply sending the info to the accountant for lodging is not enough.
Too many accountants are being sent BAS related info to lodge, with the client or the bookkeeper thinking that the accountant is reviewing and supervising the work and what is lodged only to find that the Accountant is not and does not and will not take a supervisory responsibility for the BAS work.

so yes you can do bookkeeping but have a specific agreement with the client about what you are doing and what you are not doing.
>
>
>

  • 1 post
  • # 118174

smittygal said:

“Hi everyone,

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, 

smittygal       ”

 I know this is a bit outdated but I believe that a bookkeeper can do what most accountants can do and the latter. The only restriction is your agreement with you client and abilities and skills to get the job done. If a client is doubting your capabilities just remember these advantages of hiring a bookkeeper

  • 5 posts
  • # 118652

Matthew Addison said:

“> Hi
your question has many facets to the answer and gets quite complex
have a look at our BAS Agent page for info all around the issue

in short
anybody can do bookkeeping work, similarly anybody can do accounting work
BUT if your client is relying on you for work around the obligations and entitlements of the BAS that is ldoged with the commissioner then you MUST be a registered BAS Agent.
Simply sending the info to the accountant for lodging is not enough.
Too many accountants are being sent BAS related info to lodge, with the client or the bookkeeper thinking that the accountant is reviewing and supervising the work and what is lodged only to find that the Accountant is not and does not and will not take a supervisory responsibility for the BAS work.

so yes you can do bookkeeping but have a specific agreement with the client about what you are doing and what you are not doing.
>
>
>”

 Great way to describe in concise about bookkeeping topic.

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