BEGINNER services to offer as a bookkeeper (level 1, 2 and 3 ideas)
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- Опубліковано 31 тра 2024
- Beginner services to offer as a bookkeeper. It's challenging and overwhelming when you start your bookkeeping business--you may not know what skills you have to offer. You may feel that you don't know enough to start helping bookkeeping clients. Well, never fear, I have the simple "level 1" bookkeeper tasks that are great for the beginner bookkeeper. I also go in to what I consider level 2 and 3 tasks.
Videos mentioned
Chart of accounts: • What's the Chart Of Ac...
30 best clients to start: • 30 best CLIENTS for be...
Are you ready? • Ready to be a bookkeep...
Am I ready?? • AM I READY to be a boo...
Are they ready? • Are they READY to be a...
What to say if you don't have experience: • What to say if you DON...
Hacks to gain experience: • WHERE to get EXPERIENC...
Bill pay: • Pay Bills in QBO (acco...
Veronica Wasek class:
How to do a Clean-up: courses.5mbacademy.com/course...
Clean-up checklist: courses.5mbacademy.com/course...
My website: www.finepoints.biz/
☑️My favorite bookkeeper training (affiliate links)
💜Bookkeeper Launch free series: sk293.isrefer.com/go/BLFS/ML82/
💜Bookkeeper Launch FAQs: sk293.isrefer.com/go/BLFAQ/ML82/
💜Bookkeeper Launch checkout: sk293.isrefer.com/go/BLIO/ML82/
☑️Classes taught by me
🟢How to start your business in 30 days (Bookkeeper Business Coach): finepoints.newzenler.com/cour...
🟢How to get clients (Bookkeeper Marketing Coach): finepoints.newzenler.com/cour...
☑️Free stuff
➡Is bookkeeping right for me? (free masterclass): finepoints.newzenler.com/fp/b...
➡How I got my first 3 CLIENTS (free masterclass): finepoints.newzenler.com/fp/c...
➡Start a bookkeeping business (free checklist) finepoints.newzenler.com/f/st...
➡LEARN bookkeeping (my favorite training options): finepoints.newzenler.com/f/ce...
➡Where to start bookkeeping (chart): finepoints.newzenler.com/f/de...
➡Tax Biz (free intro class on taxes): sk293.isrefer.com/go/TBFW/ML82/
➡More freebies on my website: www.finepoints.biz/resources
➡ Please SUBSCRIBE! / @finepointsbookkeeping
☑️Pass the ProAdvisor Test: Fast and Easy QBO (affiliate links)
For Basic (code "finepoints" for discount): www.fastandeasyqbo.com/Morgan
For Advanced (code "finepoints" for discount): www.fastandeasyqbo.com/Morgan...
☑️Other awesome classes (affiliate links)
Booming Bookkeeping: www.boomingbookkeeping.com/re...
Nerd Enterprises: www.nerdenterprises.com/a/202...
5 Minute Bookkeeping: courses.5mbacademy.com/?ref=a...
▶My Bookkeeping Tech Tools: www.finepoints.biz/blog/techn...
▶ Videos to get started bookkeeping:
Learn bookkeeping: • 10 ways to LEARN bookk...
Bookkeeper certification for FREE: • FREE ProAdvisor certif...
How to become a bookkeeper (with chart): • How to become a BOOKKE...
How to get clients: • 20 ways to get bookkee...
What does a bookkeeper do? • WHAT DOES A BOOKKEEPER...
Day in the life playlist: • "Day in the life" of a...
Bookkeeper Launch video: • 10 FIRST IMPRESSIONS o...
Client onboarding: • One Client, START TO F...
How much to charge: • HOW MUCH to charge as ...
Services to offer: • BEGINNER services to o...
▶ More videos you'll like:
Big, medium & small clients: • CLIENT EXAMPLES: Small...
Niches playlist: • Niches for bookkeepers
Before you start: • Bookkeepers: 7 THINGS ...
Impostor syndrome for bookkeepers: • How to overcome IMPOST...
10 reasons to start bookkeeping: • WHY START BOOKKEEPING?
How to clean up a client's books: • How to do a "CLEAN-UP"...
#bookkeeper #finepoints #bookkeeping
0:00 Introduction
0:29 LEVEL 1
3:48 LEVEL 2
7:45 LEVEL 3
Thank you Morgan. I have just training myself in bookkeeping to start my own bookkeeping business soon and these videos really help.
Thank you so much for this video! You just helped me to get over my anxiety.
I'm so glad! :)
Me too!!
Brilliant video!! The Tiered Level approach for deciding which services to offer and at what stages makes a world of difference! I myself was getting overwhelmed thinking I need to offer all of these services straight out of the gate. That in turn had me spending more time on getting training on each one and less focus on just actually doing bookkeeping. I also like how you made it clear that we don't have to offer everything under the sun. Go with what we enjoy and can specialize in. As we grow, we can decide if we want to level up per say and take on more roles. And in turn, can increase our service value and what we charge for bookkeeping.
Love this! You're so right!
Hello , what training did you do to help you ?
Nice explanation. Many many thanks to you.
Thank you for your videos. You must have a phd in teaching or something besides all of your expertise in bookkeeping and accounting. I’m just starting in the field of bookkeeping and didn’t know I had a passion for this until now. Your videos have been great help!
Girl! This video helped me so very much! I love the detailed information you give and your willingness to help. Much love!
Thank you for this video. I'm currently taking a bookkeeping course and was wondering about what my career path will be afterwards, so I found this information to be very helpful. The course I'm taking is a 12 week accelerated course and that doesn't cover payroll, but they give the option to take it separately, so I may hold off taking that for now.
Thank you. You really covered the topic pretty much well.
I'm starting I'm glad I found you 💛 💕 🙏
Wow a treasure trove of information, glad i stumbled onto your channel
Thank you Morgan! I love your videos! They are so helpful!
You are so welcome!
This video came right on time! Thank you😊
So glad! Thanks for watching.
This is exactly what I needed to come across today. Thank you 🙏🏼
Glad it was helpful!
Krista (FinePoints Assistant)
This perfect! Thank you so much!
You're so welcome!
I like your video presentation. It is informative too, at the same time. Thanks a lot for your guidance!
Thank You for this video
This was really helpful because it is overwhelming. Thank you!
I'm glad it helped!
Thank you.
Your videos are always helpful. Keep up the good work 👏.
Glad you are finding the information useful!
Krista (FinePoints Assistant)
thaks for your unique ideas
Thank you ma’am. Very clear and concise information. I’ve been in accounting for years and wanted to take ownership of my work with a bookkeeping business.This video gave me a great outline for my journey. Thank you
Thank you
fantastic explanation, Plus simple and easy to follow now on to the next video
Hope you enjoyed the next video as well!
Krista (FinePoints Admin)
Great video Morgan!
Thanks so much for watching!
thank you
Thank you so much. I have been battling with myself over what to offer as services with just starting out.
Glad this was helpful!
Krista (FinePoints Admin)
Love this. This helps my impostor syndrome. I have experience in accounting from employers and this is a reminder that I am doing what I'm supposed to be doing for my business
Glad you enjoyed this video!
Krista (FinePoints Assistant)
I’m a CA level 2 student and I’ve owned multiple non accounting related businesses but now I want to gear to accounting related business to make use of what I’m learning. That’s why I’m here😇
The QBO Advanced certification also has a module on inventory and how to make inventory adjustments. Hector Garcia has great videos on inventory too
Found your post interesting to watch. I can't wait to see your new videos soon. Good Luck with the upcoming update. This UA-cam channel is very informative and effective.
Thank you for following along!
Krista (FinePoints Admin)
Good video. Thank you. : )
You posted this at the perfect time. I finished my QBO ProAdvisor certification using your link to Fast and Easy QBO, and have enrolled in Booming Bookeeping. However, I have been unsure what exactly I can be offering as a beginning accountant, and don't want to set myself and my clients up for failure. Thank you for all your videos and recommendations!
Yay! No problem!
Thank you for sharing it has eased me 😊 What are your thoughts on offering setting up onboarding client? If I have no experience but basics
thanks for clarifying what level tasks are best for newbies
Glad you found this helpful!
Krista (FinePoints Admin)
awe man amazing video!! I thought about this topic but I did not have the words for it. You definitely put it in a much better way. I was not sure which amount of services to offer. I did like the idea of matching acct balances from a bnk statement to what a company had in QBO, but I wasnt sure on some things in reference to that. Reconciliation sounded like something that would be fun for me. But, then I found out about other types of reconciliation. Smh an entire balance sheet can be reconciled
Thanks for responding and letting us know how this helped you with your bookkeeping business!
Krista (FinePoints Assistant)
@@FinePointsBookkeeping Yup Yup
❤ thank you 🙏🏾! You’re the best!!! Do you offer mentorship programs for new bookkeepers? You offer so much value on your channel.
Thanks!! I have one class at the moment that helps you set up your business (license, LLC, website, etc). There is a question section where I answer questions. It doesn't teach bookkeeping though, so not such what your needs are. Here's the link: finepoints.newzenler.com/courses/bookkeeper-business-coach
Wow! According to this I’m a level 2+ bookkeeper!!😅. Totally with you on the manual payroll! Invoices and inventory can also go hand in hand. Would that be a level 3 invoice service?
Very nice information Mam
Thanks for watching!
Krista (FinePoints Admin)
Good afternoon, I have completed my level 3 bookkeeping and also AAT level 3 accounting diploma.
Someone has approached me in regards to them starting up a business and wants someone to do accounts for them. I havent said yes yet as I feel as if i don't hace muxh experience ( I've got 3 months work experience with a training provider who I did my course with and 6 months admin experience) I am doubting myself.
I am also getting certified on the accointing software, QB , Xero and sage 50.
Thank you so much for this! This was actually one of the harder things for me to decide: what services to offer as a new business. 😩
I go back and forth between thinking I’m not offering enough to offering too much. People keep telling me to add tax preparation but I absolutely DO NOT want to do taxes or manual payroll. Tax accounting was my worst class in school. I hated it! 🥴😂
Thanks again. You really helped give me clarity on this. 🙏🏾
Yeah, that's part of the joy of this business--you can design it however you want, and take whichever clients you want! :)
Such a helpful video, thank you!! How would you deal with payroll in level 1? Does it just come through the bank feed and you categorize it as payroll?
Typically you need to correctly "map" the different payroll items. In QBO you connect to the payroll website and it will walk you through the process (it can be tricky). But, you only need to do it once, and then it will feed each month... it comes through bank feeds and you see the green "match." This could be a whole video, so hopefully that's a somewhat helpful short version. :)
Great video! Thank you. This is really helpful for someone entering the business. When you do payroll for your client through a vendor like ADP do you contract with the payroll company or does your client? Thank you
My client does. :)
I would love marketing tips! I know what I'm doing on QB but need help finding clients
Good to know, I'll work on that. Here's an older video that you may find helpful: ua-cam.com/video/v92DBK9dbLA/v-deo.html
Can you make a video on how to create an invoicing workflow in QBO?
Sure! Good idea. I'll put it on my list.
For level 1 services, does the bookkeeper need to enter the transactions into quickbooks or does the business owner need to do that (there could be 1,000's of transactions)? If the owner wants the bookkeper to enter the transactions, how will the owner communicate this to the bookkeeper (excel? other method?)
Hi, love your channel! As far as clean-up, how would you go about suggesting to the client, to not fix the last six months and start a new qbo subscription in order to start fresh? Also what would be the pay difference between level 1 and level 2 task, if we started at a $250 rate and add A/P and/or A/R would we charge an extra $100 for each service or so? How does this relate to rate according to your pricing per client size video, please?
Hi
I’ve completed my AAT Advanced bookkeeping and can’t get a job so looking into other things I can do!
Virtual Bookkeeping for yourself seems to be the thing right now you can work for yourself
Can you please do a video on cleanup in qbo? I'm at that section in the Bookkeeper Launch program and I am lost.
Hi! I will let Morgan know clean up in QBO is a topic people are interested in learning more about! Thank you for reaching out!
Krista (FinePoints Assistant)
Hi! I am a new bookkeeper and have been following along with your videos. They are so helpful! Thank you!
I have just earned my certification and would like to ramp up my business. But I have *zero* physical experience. I plan to start implementing your suggestions in this video and offering some tier one services. I'm also on the hunt for a temporary internship. Do you know of any online bookkeeping companies that offer remote internships?
Hi Lil! Congratulations on earning your ProAdvisor certification! I'm also happy to hear you are finding Morgan's videos helpful. Unfortunately, Morgan does not know of any bookkeeping companies offering remote internships at this time, but here is a video you might find helpful on finding your first client: ua-cam.com/video/9JckjHJREFA/v-deo.html
Krista (FinePoints Assistant)
Love your videos! I do have a question. Do you use Excel or Quick Books? If you use Quickbooks, does the client pay for the membership or do you pay as a bookkeeper?
Hi Gilna! Morgan uses QBO and you can do it either way. You can have the client pay for QBO directly or you can pay for it and add it into your cost of services.
Krista (FinePoints Admin)
Awesome videos! Where would the best place to get quick book certified? And is there any other courses that help with a book keeping resume?
Hi! The best place to get QuickBooks certified is directly through QuickBooks with their free ProAdvisor certification. Here is a video that Morgan made that will give you more details on where you can find it: ua-cam.com/video/xKcCrN5Sn-E/v-deo.html. You can also check out Morgan's Bookkeeper Courses and Certification chart (finepoints.newzenler.com/f/certification-chart-freebie) to find more courses that she recommends for beginner bookkeepers.
Krista (FinePoints Admin)
Thank you for your amazing tips! I am currently working as an office manager and bookkeeper for a small family owned business. This has given me great hands on experience, however I want to start a business as a freelance bookkeeper on the side. I have a family member that reached out to me requesting my bookkeeping services, she is a psychologists and will soon start her own private practice and she is setting up her LLC and business bank account, however I've never worked with this industry. Would you have any words or thoughts of wisdom that you could share with me, I am going through this imposter syndrome phase and I am trying to research if there are any specific complicated transactions that I can learn before committing to working with her.
Hi Tammy! Check out this video Morgan made on freelance bookkeeping: ua-cam.com/video/v92DBK9dbLA/v-deo.html! Also, Morgan would recommend joining a facebook group to ask specific questions when you need help on more complicated transactions. Usually people are super kind and helpful. Morgan likes "the successful bookkeeper" and she has more options for facebook groups in this video: ua-cam.com/video/h24zCUdAvqw/v-deo.html
Love your videos Morgan! So helpful. I am curious how involved you are in your clients taxes? Do you pay their estimated taxes? Help them determine the amount? Or you push that off to their tax accountant?
Hi Alexa! Morgan is not involved in preparing her client taxes. In the following video Morgan answers a couple of tax questions regarding tax prep that you might find useful! ua-cam.com/video/G0p5WrB--C0/v-deo.html
Thank you for reaching out!
Krista (FinePoints Assistant)
Thank you so much mam,it's really awesome. Continue makeing this type vedio Oneday you get lost of subscribers I think
Thanks so much!
Thanks , this helps , just need to know how much would the charges be for each level?
Thanks for watching! That questions is a bit more complicated, I have 2 videos that talk more about it here:
Small/medium/large clients: ua-cam.com/video/8A877-pVRKA/v-deo.html
How much to charge: ua-cam.com/video/tm-Eo3tke0E/v-deo.html
@@FinePointsBookkeeping Morgan I want to tell you about my frustration I am a Mexican accountant with 12 years of experience but I want to work remotely so following your videos I started looking for options to help tax preparer in the USA but they are paying me very little well that I feel only 250 dollars for him bookkeeping for a year with account statements of 4 sheets per month, I want to continue because I want to have the confidence to do it alone but sometimes I get very discouraged I should look for clients but the price that the tax preparer charges me is far from what you comment on your video, she says it's because she charges clients very little so I need to gain experience and now I don't have a job but can you suggest me something I already have my QBOnline certification, she doesn't have a payroll, and well she already has more companies than give me but at 250 dollars a year I feel like I don't know what you recommend well I just connect the program is not mine and well it tells me it's because apart from that you have to pay taxes there I don't want to criticize car I just want to generate more income thanks Morgan for your advice
Morgan I want to tell you about my frustration I am a Mexican accountant with 12 years of experience but I want to work remotely so following your videos I started looking for options to help tax preparer in the USA but they are paying me very little well that I feel only 250 dollars for him bookkeeping for a year with account statements of 4 sheets per month, I want to continue because I want to have the confidence to do it alone but sometimes I get very discouraged I should look for clients but the price that the tax preparer charges me is far from what you comment on your video, she says it's because she charges clients very little so I need to gain experience and now I don't have a job but can you suggest me something I already have my QBOnline certification, she doesn't have a payroll, and well she already has more companies than give me but at 250 dollars a year I feel like I don't know what you recommend well I just connect the program is not mine and well it tells me it's because apart from that you have to pay taxes there I don't want to criticize car I just want to generate more income thanks Morgan for your advice
Then would it be best to only start with service businesses? Would a t-shirt company or gift store be too difficult to bookkeep for since they track inventory?
You can learn/figure out anything. :) It's more personal preference. I do think service businesses are easy to start out with (see this video ua-cam.com/video/9JckjHJREFA/v-deo.html)
Hi Morgan, couple questions:
1: Do you take the cash or accrual basis with your clients?
2: Do you make closing and adjusting entries at the end of each month?
Thanks!
Hello @paulmeek to answer question 1, Actual accounting is the better option. It accounts for the transactions in the books whether money has arrived or not hence your books will be up to date at any point.
Hello, love the idea of this, i plan to start my biz in the new year but ive been feeling nervous about it , i think the idea of starting out this way is great! But how do you market yourself if you only offer level 1 skills? What would be the best way to market to potential clients?
Hey! Check out Morgan's new course, Bookkeeper Marketing Course (finepoints.biz/marketing). In this course Morgan goes in depth on how to market in order to hire our first couple clients!
Krista (FinePoints Admin)
same. I’d like to do bookkeeping for small businesses online or in my area. 😩 desperately wishing I had someone to figure all this out with. Are you interested in working together on this?
@@kimifinsterrrrrHi are you still looking for someone?
The manual payroll on quickbooks really isn’t difficult at all. Quickbooks does the majority of the work for you.
Hi there. I have a question. Been doing this type of stuff for the companies I have been employed full time. How do they get their bills to you. Construction industry in south florida, there is a lot of suppliers and material accounts that send invoices daily via email or mail. How does the business get these to you?
Hey! There are a couple of different ways that you can get this information from your client. 1) They can give you access to the accounts you need 2) There are ways to send confidential information online. Here is a video where Morgan talks more about this: ua-cam.com/video/bSayiKdyLnM/v-deo.html
Krista (FinePoints Admin)
Also, when do you know that you need to do a Clean-up for your client? Is it about when they last reconciled their accounts? Do you do a clean up for every new client?
As I know we should reconcile for every new client to check their books are good, when we reconcile we find out if we need to clean up, cause duplicates for example will show up if the ending balance doesn’t match😊
Hi! I have two videos coming out on this next month. But, yes... if the books are behind (not reconciled in a while) or messy (mistakes) you'll need to fix those things before working on the current month. Not every client will need cleanup--if you are taking over from a good bookkeeper, you shouldn't need to worry about it.
@@m.gutierr7520 Thank you! 😊
@@FinePointsBookkeeping Thank you and looking forward to those two videos! Really appreciate you and your videos 😊
@@FinePointsBookkeeping Also, I have a potential client that has never handled his bookkeeping. So if I took him on as a client would I have to reconcile all the way back from when he first started his business or is there a limit to how far we should go back?
Great vid!
How much do you charge for each level?
Hey! Check out this video Morgan made with more information on small, medium, and large bookkeeping clients (ua-cam.com/video/8A877-pVRKA/v-deo.html)
Krista (FinePoints Admin)
I have one dumb question:
How am I going to categorize transactions if I still haven’t reconciled bank statements. You were mentioning that we first have to categorize transactions, but how am I gonna do this if I don’t have a bank statement where I can look at everything that the company sells or pays?
I’m still struggling to understand the step by step, or the order of bookkeeping responsibilities. I am not entirely sure where do I need to start exactly. I keep hearing the same terminology on UA-cam, but I still haven’t found a video that explains in detail, the step-by-step of the bookkeeping service.
Hi Monkizaki! Check out Morgan's video, 1 client start to finish (part 1): ua-cam.com/video/zEzlaAoEfgQ/v-deo.html and 1 client start to finish (part 2): ua-cam.com/video/FuBEt0CKIt4/v-deo.html. I think they will help you understand the order of how you work with your clients.
Krista (FinePoints Admin)
@@FinePointsBookkeeping thank you so much! I will be taking note using those two videos. Thank you, really!!!
What do you say the pay rate is for level 1, 2, and three?
Hey! Here is a video Morgan made that goes more in depth on the different levels of services and how much to charge for each one: ua-cam.com/video/8A877-pVRKA/v-deo.html
Krista (FinePoints Admin)
How would you suggest charging at these levels?
Good question, that depends a lot on the size of the client. Pricing is challenging, starting out, a good ballpark is how many hours it takes you (times the hourly rate you want, like $50/hour). These videos may help:
Small/medium/large clients: ua-cam.com/video/8A877-pVRKA/v-deo.html
How much to charge: ua-cam.com/video/tm-Eo3tke0E/v-deo.html
@@FinePointsBookkeeping Alright I'll check these out as well. Thanks❤
Can you do a video on how to price jobs?
Sure, I can make more and newer videos on that. I know it's hard! These two videos may help you:
Small/medium/large clients: ua-cam.com/video/8A877-pVRKA/v-deo.html
How much to charge: ua-cam.com/video/tm-Eo3tke0E/v-deo.html
Is it difficult to find clients when offering level one services. Who does the rest of the tasks?
Hi Kirsty,
Sorry I'm not able to help more, but I would recommend utilizing Facebook groups. They have been awesome for Morgan to get specific questions answered by kind & helpful bookkeepers. She likes "The successful bookkeeper" but there are lots of options on FB! Here's a video she made about how to get your questions answered: ua-cam.com/video/On2KWzGX6zw/v-deo.html
Krista (FinePoints Assistant)
Can you clean ip my books. I need someone. Please let me know. I have a few years to be done
What do you think about bookkeepers that specialize in crypto?
Hey! Thanks for the question. Morgan does not have any experience with crypto, therefore, she doesn't have an opinion on it.
Krista (FinePoints Admin)
@FinePointsBookkeeping Thank you! I really like this channel and I appreciate all of the valuable information you share.
💎🩷💎🩵💎🩷🙏🏾💕🙏🏾💕
Thank you so much for this video! You just helped me to get over my anxiety.
Whoo hoo! I'm glad it helped. :)