Book Keeping Advice

Discussion in 'Managing Your Business' started by j4star.f, Apr 7, 2013.

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  1. j4star.f

    j4star.f Member
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    I have only been running a few month and looking about recording money coming in. do I have to record my rounds sepratly each month or just the total at the end of the month. hope someone can advise
     
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  2. M.K Cleaners.co.uk

    M.K Cleaners.co.uk Grand Master
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    I use to do it monthly, This year im doing in come/expenses weekly every sunday. The total each month will do fine.
     
  3. j4star.f

    j4star.f Member
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    that's great cheers
     
  4. J.D

    J.D Banned

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    I run off receipts for each customer im due to do work for each day, using my wcp system. I file them away and at the end of the year i give them to my accountant to sort my taxes out.
     
  5. Pegasus

    Pegasus Well-Known Member
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    Keep a simple record of your income and expenses on Excel. Dead easy.

    Reckon you should have your cleans and income listed using a column for each day. Maybe highlight who has paid so you see straight away your debtors.
     
  6. nearlyclean

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    It is good practice to keep good records of money coming in and going out. The inland revenue only request your gross and expenses. From this you can work out your profit and tax you are liable for. If you want something simple to record your income and expenses keep track of customers and know when jobs are due have a look at roundpartner
     
  7. J.D

    J.D Banned

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    Doesn't compare to WCP, in my humble opinion!
     
  8. Oliver

    Oliver Well-Known Member
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    George aworka does it all for you
     
  9. nearlyclean

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    WCP and Aworka are good. But why settle for just good
     
  10. J.D

    J.D Banned

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    Roundpartner has one major negative factor! Its a monthly subscription & not a one off payment programme, which puts many people off immediately!
     
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