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Freelance Bookkeeper Questions - Insurance and Liability

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(@Natasha Parry)
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Joined: 4 years ago
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Hi- I am starting a new bookkeeping business and wondering about a few things in terms of my liability. What are the best practices for depositing A/R checks  into a client's bank account on behalf of the client and paying vendor bills on behalf of a client. These areas seem to have considerable liability, but I have a client requesting that I do both. I also wonder if I were to agree to it, if I would need to have some legal agreements in place, or if it would affect my insurance in any way. Any experience or recommendations would be greatly appreciated.


   
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