Beginner: What’s the best platform or software for my needs?
I’m looking to dive into Bookkeeping and Accounting, and I’ve offered my services for free to my dad’s business so I can learn the basics.
I purchased a Google Sheets template for handling his Bookkeeping because I wanted to avoid any subscription fees.
I’d love to get your insights on whether this is a solid starting point. I’m considering expanding my services down the line, and I’m curious if Google Sheets is a sustainable option for managing around 5-10 clients.
Edit: I’ve already completed one Accounting class for my degree, and it doesn’t seem too challenging to get started.
One response
Using Google Sheets as a starting point for Bookkeeping and Accounting is a great way to get your feet wet, especially since you’ve already invested in a template. It allows for flexibility and doesn’t require a subscription, which is ideal for your current situation. Here are some points to consider as you develop your Bookkeeping skills:
Customization: Google Sheets is highly customizable, so you can modify the template to better suit your needs as you learn. This can help you understand the concepts behind Bookkeeping more deeply.
Collaboration: Since you’re doing this for your dad’s business, Google Sheets enables easy collaboration. You can share the document with him and get real-time feedback, which is great for learning.
Scaling Considerations: For 5-10 clients, Google Sheets can work as long as you keep everything organized. However, as your client base grows, manual entry and tracking can become cumbersome and error-prone.
Transitioning to Software: Keep in mind that as you gain more clients, you may want to transition to dedicated Accounting Software like QuickBooks, Xero, or FreshBooks. These platforms are designed to handle multiple clients, automate many tasks, and provide more robust reporting features.
Learning Curve: Since you already have an Accounting class under your belt, transitioning to bookkeeping software later won’t be as daunting. Many accounting programs offer trial versions, so once you’re ready, you can experiment without committing right away.
Community and Resources: Look for forums, online classes, or local workshops that focus on bookkeeping and Accounting Software to complement your learning. The more resources and networking you have, the better equipped you’ll be.
In summary, starting with Google Sheets is a solid foundation, but be prepared to evolve your approach as you gain more experience and clients. Good luck with your bookkeeping journey!