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Book Keeping Help

  • 14-02-2010 8:49pm
    #1
    Registered Users, Registered Users 2 Posts: 3,680 ✭✭✭


    Can anyone give me any tips on doing my own book keeping and how exactly I do it?

    Where can I buy a "Book Keeping" Book so I can record my dealings or can I just use a normal copy book and draw a few lines on it?

    I want to get my arse in gear and get sorted out tommarow and properly record my clients which I have only recorded so far in my Diary. If I get a
    surprise home visit from the tax man anytime soon it won't look good for me...

    Cheers


Comments

  • Closed Accounts Posts: 8 Juggler_


    Use excel


  • Registered Users, Registered Users 2 Posts: 378 ✭✭conical


    I use freshbooks.com and find it great.
    Makes invoicing very and you can keep track of what's been paid or not and various other reports. I just use the free version so far, but to really keep track of clients the paid version is better

    A lot to be said for keeping a record on paper too.


  • Closed Accounts Posts: 2,087 ✭✭✭Clanket


    Juggler_ wrote: »
    Use excel

    +1 Easy to keep. As long as you know what you're doing


  • Company Representative Posts: 1,740 ✭✭✭TheCostumeShop.ie: Ronan


    Thats the caviet, if you know what your doing. Your probably best writing down a list of everything you earn and spend in excel and for the first 2 vat periods (or annual returns if your not playing with VAT) hire a book keeper to show you how they do the layout and explain the "why" on everything. Once you have this done you'll be flying.


  • Registered Users, Registered Users 2 Posts: 474 ✭✭J.Ryan


    Assuming that you have already decided on the accountant that you want to prepare your year end financial statements/tax returns etc., why not meet with them now and ask their advice on what would best suit your needs and the layout.

    From your first post I know nothing of your business so I would suggest generally

    4 spreadsheets for recording different items

    1) Sales
    2) Lodgements
    3) Purchases
    4) Payments


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  • Registered Users, Registered Users 2 Posts: 6,465 ✭✭✭MOH


    Some useful posts near the end of this thread


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