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  • 4 Things You Need To Be a Successful Bookkeeper | Learn With Woodgrove Tutorials
    extensive range of bookkeeping courses we know exactly what is needed to become a successful bookkeeper Qualifications All successful bookkeepers need to have some type of qualification to really excel in their job It doesn t need to be a university degree there are a lot of courses available that give you the knowledge needed to become a brilliant bookkeeper When clients want to hire you it s important that you can prove that you know what you re talking about Experience After or during gaining qualifications it s important that you get some type of experience Good work experience is second to none and is something that a lot of clients will look out for when checking out your CV The more experience you have the more that clients will be inclined to hire you It doesn t have to be directly linked to bookkeeping experience in an accounting industry bank industry or just office work will go a long way Commitment As a bookkeeper it s likely that you won t just have one single client A lot of successful bookkeepers will deal with several clients at the same time However to be an excellent bookkeeper you must show commitment to each and every client that you work for It s important that they feel like they are important to you and that you are committed to helping them make their business a success Communication A good bookkeeper needs to be able to communicate with their clients to ensure that everything is done efficiently and correctly If you don t understand something as a bookkeeper it s important that you feel comfortable enough to ask for help or clarification Communication is critical in any job but especially as a bookkeeper If you re looking for an accredited bookkeeping

    Original URL path: http://www.woodgrove-tutorials.co.uk/4-things-you-need-to-be-successful-bookkeeper/ (2016-02-13)
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  • 3 Top Tips for Foolproof Bookkeeping | Learn With Woodgrove Tutorials
    records is keeping on top of them and ensuring that they are kept up to date Having regular reviews each week will allow you to see exactly where your money is going and what you are spending money on This will ensure that you are keeping control over your business cash flow and you will know how much you have to spend throughout the rest of the month This will also allow you to spot any anomalies and investigate them before too much time has passed to go back and find out where that money actually went or why money was being diverted elsewhere Have a Separate Bank Account for your Business It is incredibly important that you separate your personal private earnings separate from your business transactions If you don t you may find yourself confused as to why you have more money than expected or question some of the transactions when it comes to sorting out your business reports Having a separate account for your business transactions allows you to see exactly what is coming out of your business account and where it is going without the added confusion of your own personal transactions getting in the way Keep All Receipts It is important that you have proof of all your purchases and transactions made by your business for tax purposes The HMRC require that you keep records of all your business expenses and transactions so that they can ensure that you are taxed correctly and that you are following the regulations set in place Make sure that any business expense that you have made has a receipt and record any transactions that you make both yourself and the transactions between you and your customers or clients Store these in a safe place which can be accessed when

    Original URL path: http://www.woodgrove-tutorials.co.uk/3-top-tips-for-foolproof-bookkeeping/ (2016-02-13)
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  • Personality Traits Which Suggest You Might be Brilliant at Bookkeeping | Learn With Woodgrove Tutorials
    that you find easy Attention to Detail Are you the sort of person who likes to triple check that you ve dotted all those i s and crossed all the t s If so bookkeeping will definitely play to your strengths as the ability to ensure that all the figures you take down are correct is certainly going to be invaluable This may be one of the more obvious personality traits which could lead you into bookkeeping but it s also one of the most important Organisation There s no space to make a mess when you re a bookkeeper as the ability to find important receipts documents and files at a moment s notice will set you out from the crowd If you take pleasure in keeping your home well ordered and tidy then you may well find that this is an aspect of the job that you really enjoy rather than a chore Intuition Unlike organisation and attention to detail the need for intuition is something that can all too often be overlooked However if you are a naturally intuitive bookkeeper then you may be able to go above and beyond for your employer by not simply recording their data but also sounding the alarm when something appears to look wrong Initiative Tied in with intuition if you have initiative then you re probably more likely to chase up any mistakes which appear to have been made When problems are not just spotted but also crucially reported in a timely fashion a company can be saved from huge expenses and other unnecessary problems This means that the perfect bookkeeper who has the confidence and clear head to be able to turn to their bosses and tell them when things don t add up as they should Put all

    Original URL path: http://www.woodgrove-tutorials.co.uk/personality-traits-which-suggest-you-might-be-brilliant-at-bookkeeping/ (2016-02-13)
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  • Why Bookkeeping Will Never Go Out of Business | Learn With Woodgrove Tutorials
    businesses of all sizes will never stop needing a trained professional who has the very specific skills required to be a bookkeeper An Understanding of the Importance of Accuracy Keeping proper books means tracking every single financial transaction which a company makes and when you add up receipts sales purchases and every other cost or earning however big or small it may be this makes for a pretty big task Unless you have had special training or are gifted with superhuman levels of organisation it s all too easy to let something slip and when it you need to meet with investors this can become a significant issue even if you think you ve been careful A specialised bookkeeper has the skills to keep an accurate record and knows just how crucial it is Properly Maintained Books are a Legal Requirement Having your books recorded properly is not just a good idea it can help you fulfil your legal obligations A bookkeeper will always be essential for any company who wants to avoid falling foul of the taxman at the end of the year and keep the government onside by having all of the necessary documents and records prepared A tax return can t be filled in using guesswork so the records which a bookkeeper provides are an absolute essential for any company that wants the process to go smoothly and let s face it what company doesn t A Bookkeeper Helps a Company to Keep Track of Itself So far we ve focussed on how the work of a bookkeeper is essential for companies as they do business with others however most businesses should also be aware that it s an essential part of running their own operation as it ensures that they can keep an eye on their

    Original URL path: http://www.woodgrove-tutorials.co.uk/why-bookkeeping-will-never-go-out-of-business/ (2016-02-13)
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  • Spot the Difference: Bookkeeping & Accounting | Learn With Woodgrove Tutorials
    re in for Bookkeeping A Bookkeeper is in charge of accumulating organizing storing and accessing the financial information of a business They will record financial transactions in chronological order on a daily basis and it can be the case for some small organisations where the bookkeeper will also classify and summarize any financial data in the reports They are absolutely indispensable in the building of a strong business foundation Accounting Accounting is more of a broad term as an accountant will be responsible for a number of different tasks These include designing the bookkeeping system establishing controls to make sure the system is working correctly and analysing and verifying the recorded information To put it in a general term an accountant analyses and interprets financial data to report the financial condition and performance of the business Similarities To start the main similarity these two professions share is that they are crucial to any business big or small They re both part of the financial cycle and to enter either profession you must have a basic knowledge of accounting They also use the financial information to generate reports and sometimes both professions may end up doing some of the duties of the other depending on the business structure Differences A Bookkeeper Generally a bookkeeper will have between two to four years experience or an associate s degree To be a successful bookkeeper you need to have a keen eye for accuracy and have knowledge about key financial topics An Accountant To become an accountant a person must usually have a bachelor s degree that s geared towards finance an accountancy degree is preferable but most finance degrees are often considered an adequate substitute The Bottom Line A successful union between bookkeeping and accountancy will be a huge contributor to the long

    Original URL path: http://www.woodgrove-tutorials.co.uk/spot-the-difference-bookkeeping-accounting/ (2016-02-13)
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  • Accounting | Learn With Woodgrove Tutorials
    3 Enrolment IAB Level 4 Enrolment Contact Blog All posts tagged accounting Back September 30th 2015 No comments Tags accounting bookeeping courses Spot the Difference Bookkeeping Accounting When most people think of bookkeeping and accounting they would find it hard to imagine the differences between the two that is unless Continue reading Blog 18 Uncategorized 4 February 2016 January 2016 December 2015 November 2015 October 2015 September 2015 December 2014

    Original URL path: http://www.woodgrove-tutorials.co.uk/tag/accounting/ (2016-02-13)
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  • Bookeeping | Learn With Woodgrove Tutorials
    3 Enrolment IAB Level 4 Enrolment Contact Blog All posts tagged bookeeping Back September 30th 2015 No comments Tags accounting bookeeping courses Spot the Difference Bookkeeping Accounting When most people think of bookkeeping and accounting they would find it hard to imagine the differences between the two that is unless Continue reading Blog 18 Uncategorized 4 February 2016 January 2016 December 2015 November 2015 October 2015 September 2015 December 2014

    Original URL path: http://www.woodgrove-tutorials.co.uk/tag/bookeeping/ (2016-02-13)
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  • Courses | Learn With Woodgrove Tutorials
    3 Enrolment IAB Level 4 Enrolment Contact Blog All posts tagged courses Back September 30th 2015 No comments Tags accounting bookeeping courses Spot the Difference Bookkeeping Accounting When most people think of bookkeeping and accounting they would find it hard to imagine the differences between the two that is unless Continue reading Blog 18 Uncategorized 4 February 2016 January 2016 December 2015 November 2015 October 2015 September 2015 December 2014

    Original URL path: http://www.woodgrove-tutorials.co.uk/tag/courses/ (2016-02-13)
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