bookeeping system?

sarahann1

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20 August 2008
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Simple spreadsheets for my hubbys business. Might invest in some proper software in the future but they do the job fine. I got a simple template I found via google.
 

Gingermonkey

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19 April 2009
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Hi I record all receipts in a simple Excel Spreadsheet for the financial year. Then physically file them in separate plastic wallet things within a ringbinder in Alpha, Supplier, Date Order. I always know then then that the current ones are on the top of their pile and can find them easily as they are under the right letter

Excel Columns:

Date - Supplier- £ Net -£ Vat - £ Gross Paid By (cash, cheque, bank transfer, other) Catagory i.e Postage, Computer Equipment, Entertainment, Accomodation, Telephones etc. (this then helps with my Cashflow Forecast)

If you total the values in the columns then you can do any VAT Returns easier and your accountant will be very pleased.

It works better than my old system of chuck 'em in a box.
 
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