![]() ![]() Most bookkeepers are happy to come to your offices and do the bookkeeping on your premises or provide online accounting solutions. This will involve you passing over all of your books and records to the bookkeeper who will then process the documentation for you. It does not store any personal data.Many small businesses or sole traders use accountants or accounting systems to accurately record their bookkeeping. ![]() The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". ![]() The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Always contact your professional adviser for specific and detailed advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. As well as making bookkeeping easier, it will also help you track the growth and health of your company.ĭisclaimer: The information provided herein should not be used or relied on as professional advice. It doesn’t have to be detailed but should give you an idea of just where the money is going and what is coming in. Ask your accountant to set up a simple monthly one-page report that, in addition, compares actual income and expenses to your budget. You never know when you may be hit with an audit and need to prove everything you have said.Įvery month generate a one-page document detailing all your income and expenditure. Keep all your receipts for all business expenses and purchases. Whenever you pay anything out to a supplier it’s important to get an invoice and file it away. Using an online calendar, it’s now easy to set up reminders for all those important tax and other deadline dates so you know when things are becoming urgent.īe sure to keep all receipts to build a verifiable audit trail.
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