All my clients are paper based small businesses. With MTD looming, I want to transfer them to QuickBooks.
1. Do I have to buy a subscription for each client even though they will continue to give me a box of paper files.
2. I do most of my analysis work on excel. Can I simply upload trial balance to QuickBooks for each client and if so, how?
3. As my clients are paper based, I don't have the option of linking bank accounts electronically. Can I manually enter the transactions, and if so how?
4. For my bigger clients, MTD is obviously going to be an issue both for VAT and in later years corporation tax. Is QuickBooks set up to meet the requirements of MTD?
A lot of questions I know and probably covered by the online training materials, but as a fledgling business myself and being disabled, I just haven't had the time to work through it.
