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Discussion in 'Chit Chat & Introductions' started by iluvwindows, Jul 8, 2012.
What is the best way to keep records for your tax return?
i use spreadsheets to keep a record of what i take monthly, then its just transfering the data across.
so you caculate your monthly takings do you keep track daily or do you just tally up at the end of the week
i print out a daily work sheet and on that it shows what i have done, then just add them up at the end of the week,
I have running worksheets which show all the houses I do in a particular day. This is filled in when I clean each house & keeps record of who paid etc.
At the end of the day I write my day's takings in a diary.
Then each month put this into a income/outgoings spreadsheet and ta-dah- all done.
window cleaner pro here lol
Pen & paper. Keep all receipts. Write month at top of page. On left I put incomings (money, cheques). On right outgoings (petrol phone wages materials etc. add incomings up and add outgoings up. Tale outgoings away from incomings and you have your total income. Staple recipes together and put them in that page of the book. I do it once a month at the end of month & takes about half hour. I do it like this as haven't a clue about spreadsheets but also to me if your only running a small buisness this is all you need to do. Has not let me down in 4 years.