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sally_in_wales Downsizer Moderator
Joined: 06 Mar 2005 Posts: 20809 Location: sunny wales
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Posted: Fri Dec 06, 13 2:20 pm Post subject: Improving my accounts |
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So far, we've always done our accounts through a fairly basic excel spreadsheet to record stuff going in and out, part of which can be cross referenced if needs be against the sales reports generated by the online shop, and a file of paperwork/post office receipts etc.
It sort of works, but I live in dread of the chaos that would ensue if we were audited as it only really makes sense to me, its all there, but a bit illogical and I fret that I've accidentally missed off small things every year when doing the tax returns or worry that I've set up a calculation incorrectly, leading to a lot of wasted time as I cross reference everything endlessly.
I've recently started using a free online bit of software for generating and tracking invoices, which is proving very useful as I can see at a glance who owes us money, and I think it might be time to think about graduating all the accounting to a slightly more professional system that will track things sensibly and make it all simple at tax return time.
I don't need anything terribly complicated though, we have income from the online shop, from shows, from clients like museums and from online pattern sales on sites like Ravelry to track. Outgoings are either plain old 'money on supplies' or are expenses for shows/petrol and post. I'm pretty sure thats about it.
I've tried having a look online, but I'm utterly flummoxed as to what exactly I should be looking for. I don't mind paying a little bit, especially if its integrated with the tax return system, but not too much at this stage.
Any suggestions or recommendations? |
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chez
Joined: 13 Aug 2006 Posts: 35935 Location: The Hive of the Uberbee, Quantock Hills, Somerset
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joanne
Joined: 28 Oct 2004 Posts: 7100 Location: Morecambe, Lancashire
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sally_in_wales Downsizer Moderator
Joined: 06 Mar 2005 Posts: 20809 Location: sunny wales
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chez
Joined: 13 Aug 2006 Posts: 35935 Location: The Hive of the Uberbee, Quantock Hills, Somerset
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Penny Outskirts
Joined: 18 Sep 2005 Posts: 23385 Location: Planet, not on the....
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stumbling goat
Joined: 20 Jan 2009 Posts: 1990
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Rob R
Joined: 28 Oct 2004 Posts: 31902 Location: York
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powerjen
Joined: 23 Jan 2013 Posts: 44 Location: Argyll & Bute
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Mistress Rose
Joined: 21 Jul 2011 Posts: 15932
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sally_in_wales Downsizer Moderator
Joined: 06 Mar 2005 Posts: 20809 Location: sunny wales
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sally_in_wales Downsizer Moderator
Joined: 06 Mar 2005 Posts: 20809 Location: sunny wales
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Penny Outskirts
Joined: 18 Sep 2005 Posts: 23385 Location: Planet, not on the....
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Somewhere-by-the-river
Joined: 16 Sep 2013 Posts: 56 Location: West Wales
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sally_in_wales Downsizer Moderator
Joined: 06 Mar 2005 Posts: 20809 Location: sunny wales
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