I've been offered a p/t job doing bookeeping for a local small business. I've never done this though I have done budgeting on large and small projects and accounting for my own department -i.e. make the projections and then account for the expeditures and petty cash.IOW, I feel like I understand the principles.
I took a run at Quick Books and it seems easy enough to use and the business owner is presently using it.
So...what are the pitfalls I need to know? Should I buy my own QB software? How do I calculate the # of hours needed? I'm thinking I need a few hours to go over things and get set up, then maybe 2 hours a week? Any advice or caveats would be appreciated.
This is a great opportunity for me. My goal is to acquire 3 or 4 similar clients and quit my present job.