What the best accounting software for a gas engineer
- Thread starter plumb697
- Start date
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I use an Excel Spreadsheet, one long page for Income, all the details, amount, method of payment (Cash/Cheque/Visa/Paypal/BACS etc), Job address, invoice number etc.
Another long one for expenditure inc VAT elements.
Use ∑ to total columns, copy & paste for quarterly VAT return, and eMail entire workbook to an accountant for him to prepare for Inland Revenue etc.
Not foolproof, you need discipline to physically stick each receipt onto paper for filing & input on a daily/wekly basis.
This would not work for a LTD though, I am sole trader. Whatever you do, keep ALL records for minimum of 7 years. (I have multiple backups onto hard drives/cloud storage etc in case of calamity (house fires anyone?) plus lots of filing cabinets strewn around the house.
DH
Another long one for expenditure inc VAT elements.
Use ∑ to total columns, copy & paste for quarterly VAT return, and eMail entire workbook to an accountant for him to prepare for Inland Revenue etc.
Not foolproof, you need discipline to physically stick each receipt onto paper for filing & input on a daily/wekly basis.
This would not work for a LTD though, I am sole trader. Whatever you do, keep ALL records for minimum of 7 years. (I have multiple backups onto hard drives/cloud storage etc in case of calamity (house fires anyone?) plus lots of filing cabinets strewn around the house.
DH
D
DeletedUser
I use Microsoft Works Word Processor for invoices and a Nike shoebox for receipts 
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