Kate: Okay. Most of all my clients are split about 50/50 between QuickBooks Online and Wave. I share that. Kate: Well, I only have clients in QuickBooks Online. The Bookkeeper we are looking for is a stickler for excellence and accuracy, has exceptional accounting skills, and is tech-savvy and result-oriented by nature. How about people tag you in the Facebook group if they are wanting those extra websites? Any networking tips or first client onboarding? This website is for you if: You’ve decided to start a bookkeeping business but don’t know where to start. Get our Weekly Tax Tips newsletter delivered to your inbox. Here's What's Waiting For You On the Other Side: Bookkeeping 101 (Valued at $997) You said you had a section on advanced accounting concepts. This is a contract, freelance role. Just the basic, basic stuff. The ones that do a couple lessons a week. And that’s part of it with any of us in any of our courses, if we get to the level where we know we can learn something that maybe we don’t already know but we know we are capable of continuing down that educational path to keep growing. Different tax-deductible expenses have a different weight as far as how deductible they are. Am I interpreting that correctly? But I have enjoyed talking with you. The transaction coding, bank reconciliations, some of the specific tasks. Meagan Hernandez: After the four platforms we go into the bookkeeping stuff. But also, how they rank. Kate: Sure. Today, her course costs $697 but with the links on this page, you can get the course for $100 off! If a business does not struggle financially when you do their accounts payable then it’s just as simple as writing a check whenever you have the time. Reconciling … It sounds like you’ve got a great program and you’re growing. The sooner you acquire a bookkeeper, the less chance you’ll end up with months of invoices and transactions that have gone unrecorded. But if you live in another country and want to serve people there this might not be the best course for you. Bookkeeper Revival. They’re going to have a less tax liability if the bulk of the items are in the advertising category. Click Here To Join the Bookkeeping Side Hustle Facebook Group, Interview Library (wait for pop up to request password). Frederick … The Bookkeeper will be self-motivated and detailed, demonstrating expertise in the accounting space. I have some challenges in there and I tell you to go out and try some different things that I’ve done and found to be successful. I realized that my training for entrepreneurs was applicable to people wanting to learn how to offer bookkeeping as a service. You definitely have to keep learning. Learn More About Payroll. She got on several potential calls. Bookkeepers are responsible for on-going maintenance of their clients’ general ledgers. Meagan Hernandez: From start to finish I set out teaching you how to set up your own business. But opting out of some of these cookies may affect your browsing experience. Bookkeeping mistakes can have major consequences including tax penalties, audit and potential cash flow problems. Anything more you want to say about that? She got on every single coaching call. Meagan, tell us about yourself and your background. And they keep good communication with me. As far as how I named the sections, the basic bookkeeping does cover accounting 101 stuff too. You know we'll get the job done. But I give business finance tips, tax tips. By clicking “Accept”, you consent to the use of ALL the cookies. I don’t think it’s complicated. I’m hoping to update this post over the next day, but I wanted to get the YouTube video out as quickly as possible. Friends, I had an awesome interview with Tax Savvy Bookkeeper course creator, Meagan Hernandez. I took the advice of some people starting out as a virtual assistant and got a little bit of the background working virtually from that. It’s been a pleasure. My bookkeeping Business Launch had a whole separate course offering that we had to take called Tax Business Launch. I like to think I’ve helped a lot of people in that area too. I would say that’s a pretty valuable module that you offer. She was one of the ones who didn’t have a whole lot of previous experience, but she got a taste for it helping a friend do her bookkeeping. Our Enrolled Agent and CTEC licensed preparer are further knowledgeable with the likes……. I teach doing manual journal entries and how you figure out how you’re even going to do them, what goes into them. So I do teach that. Then I move on to my advanced accounting section. But I come at this from the position of not endorsing things I’m not familiar with. She and I have met in the Facebook group a while. I can provide you all the links to those things. Kate: Okay. Display Your Products. This audience is people who have an interest in building a bookkeeping business. I am from Mississippi originally and my background is accounting. Meagan Hernandez: It is $347 until 11:59 PM on Thursday. bookkeeperrevival@gmail.com. Find Freedom! I have 24 years of public practice experience and held controller positions in a variety of private companies in prior years. I would definitely have benefited from tax lessons.2) Price is quite affordable right now compared to other courses offered in this market space. Well, now I’ve gotten to the point where I do get referrals and things like that. That’s why I feel that I’ve gotten it down to a level that’s understandable and easy to apply to their own personal situation and numbers. She dove in and got through module five. That’s my favorite section of the whole thing. The ones that attend our monthly free group coaching calls and ask questions. So just simple things like that. Refunds. I'm so excited you're here and I look forward to offering training and resources to help you get started in your journey as a Bookkeeper! I’m googling how a specific equation will work, or draw my T-charts to see how stuff would flow. How much does your course cost? But the reason it’s divided is because it started out as a course for entrepreneurs. Same with Xero. Having tax and bookkeeping, law, real estate, mortgage, notarial certifications and licensing, it was only a matter of time before their dream of opening up a one stop shop came to fruition. I want to be seen, but I want to be helpful as well. Instagram. We have a home office tracker that is kind of like a bonus. I wasn’t an accountant before doing this. Kate: Okay. I call that the basic bookkeeping framework. Meagan Hernandez: I do introduce Xero. When I got out into the marketplace I ran into a lot of freelancers and people just starting out in their business who didn’t necessarily have the funds to hire a bookkeeper monthly, but they desperately needed help getting their finances in order for growth and tax purposes. I’ve been able to break it down into a very understandable section. Profits aren’t increasing. All of the basic bookkeeping tasks that I go through, like I teach you how to do transaction coding, bank reconciliations, invoicing and things like that I teach you in Wave and QuickBooks one right after another. I haven’t taken Meagan’s course. I would welcome anybody to join that group if you are interested in it. “Our extensive training program includes quarterly regional training sessions, a four-day national conference and regular webinars that our entire 170 member network undertakes to update them on all compliance issues and any changes to the … A complete cycle of financial management from bookkeeping to the tax return. But then when I started my own practice and bookkeeping became the main thing I did I noticed it was almost vital that I had that knowledge. That’s the goal. This category only includes cookies that ensures basic functionalities and security features of the website. Boost Your Tax Savvy! Established in 2018, Savvy Tax and Bookkeeping provides personal and quality tax services from individual 1040 plus State returns, to more complicated return S-Corp, C-Corp, Partnership, Fiduciary, and Non-Profit returns.Our Enrolled Agent and CTEC licensed preparer are further knowledgeable with the likes of the more intricate and complex returns including Schedule C (sole proprietors), Schedule E (rentals, supplemental income and loss), Restricted Stock Sales, ESPP, Stock Options, Property Disposition, Capital Gains or Loss.