Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: geefree on August 29, 2007, 12:09:39 am

Title: accounts book. banking.
Post by: geefree on August 29, 2007, 12:09:39 am
Why do we have to state how much is banked against the total daily/weekly earnings....
?
only to add the two up at the bottom to get the same total...

does it matter where it goes as long as we are putting down the daily/weekly takings....

is seems a lot of messing around , although i am aware people on huge income and employees to pay, it will make a difference regarding interest earned.

but a small fry like me ..?
Title: Re: accounts book. banking.
Post by: geefree on August 29, 2007, 12:22:56 am
am deep me lol  :D ;) ;) ;)
Title: Re: accounts book. banking.
Post by: dave0123 on August 29, 2007, 10:31:23 am
I dont,

I just take note of money earned and expenses.. well george does that for me i dont bank all my money.

aslong as you keep records of income - outgoings its ok. unless your LTD


Dave
Title: Re: accounts book. banking.
Post by: pjulk on August 29, 2007, 03:22:29 pm
Im the same as dave i don't bother saying about what i banked as i don't put all mine in there.

I just keep records of what i have earnt.
What i have paid out.
And what profit i made.

Never had a problem this way.
Try to keep things simple

or put everything in george and let george do it for you.


Paul
Title: Re: accounts book. banking.
Post by: SonOfFormby on August 29, 2007, 03:29:07 pm
Im the same as dave i don't bother saying about what i banked as i don't put all mine in there.

I just keep records of what i have earnt.
What i have paid out.
And what profit i made.

Never had a problem this way.
Try to keep things simple

or put everything in george and let george do it for you.


Paul

Is George the best bit of software around for organizing all things window cleaning then?

Lee
Title: Re: accounts book. banking.
Post by: dave0123 on August 29, 2007, 04:17:07 pm
Quote
Is George the best bit of software around for organizing all things window cleaning then?

Lee

For the price £50.00 yes its well worth every money spent i no i would be in a mess if i didnt use that.. because a paper system works just got to keep on top of it all, same with george but its alot less hastle.

There are more expensive software for window cleaners which i havent used but for £50.00 one off fee you carnt go wrong.

Dave
Title: Re: accounts book. banking.
Post by: geefree on August 29, 2007, 05:51:53 pm
thanks..

i do use george. but an accounts book has to be essential, then just transfer georges figures to the book. ;D for the main man  ::)
Title: Re: accounts book. banking.
Post by: dave0123 on August 29, 2007, 06:13:07 pm
I dont do that..



Just print out my reports for my accountant.. shes happy with that..

you mite as well just use the book if thats how your going to do it lol



Dave
Title: Re: accounts book. banking.
Post by: geefree on August 29, 2007, 07:49:00 pm
technology is fine and i use it.

but a book is a real record, with receipts attached... not easily lost or deleted.... its an essential and trustworthy back up....

for a sole trader of course.
Title: Re: accounts book. banking.
Post by: George Systems on August 29, 2007, 07:53:23 pm
but a book is a real record, with receipts attached... not easily lost or deleted

I'm not sure that's true - a fire would do it.

Our Internet Backup system is a bit more reliable than that...

Paul
Title: Re: accounts book. banking.
Post by: geefree on August 29, 2007, 07:54:28 pm
and its  a record to keep for years...

you know how it is with a pc... crash bang boom..internet back up.. oops no.. gone bankrupt etc... cd back up... its scratched...

book? oh thank god.

lol ::)
Title: Re: accounts book. banking.
Post by: geefree on August 29, 2007, 07:57:16 pm
its still sensible to be safe, i think... thats why i use both... i may not if i had 10 men working for me... but on my own,. i have the time, it makes me feel better. lol

Gary.
Title: Re: accounts book. banking.
Post by: dave0123 on August 29, 2007, 08:12:23 pm
Well... just print your records each month?? or week then??? and keep them in a file same as a book?

as paul said you got internet back up! put it into your email or memory stick anything:| keep one in your house one somewere else!

even if you loose records from 3 years ago you can print them again.

All am saying is theres not much point putting it all into george then writting it down! just keep it in george easy as that.

Dave
Title: Re: accounts book. banking.
Post by: geefree on August 30, 2007, 09:04:28 pm
Hi dave,

what do you print off?

weekly , monthly , daily?

how do i get onto the bit the tax man needs, to print off and file it?

cheers.
Title: Re: accounts book. banking.
Post by: dave0123 on August 30, 2007, 11:40:11 pm
i dont print anythnig daily week;ly or even monthly ;D


just at the end of the year i print my Finance report givinv - Total turnover - expenses - and profit... thats all your accountant should need..

atho i do print off the finance report and expenses to be put into folder for keep safe. also so i can check i have all my recepts and invoices and not lost any.;

Dave - ps sorry about spelling slightly drunk atm ;D

Title: Re: accounts book. banking.
Post by: dave0123 on August 30, 2007, 11:43:14 pm
Ohh!!

And just setup your expense types like you would in a book well thats how iv done it (eg)

Motor expenses
equipment
stationary
empoyees wages
sundries
etc
Title: Re: accounts book. banking.
Post by: mark dew on August 31, 2007, 12:03:14 am
you can buy flash drives for backing up data very cheaply now.


http://www.saverstore.com/products/savastore/?pageType=cat&keywords=storage
Title: Re: accounts book. banking.
Post by: Russell Macdonald on August 31, 2007, 12:13:06 am
i dont print anythnig daily week;ly or even monthly ;D


just at the end of the year i print my Finance report givinv - Total turnover - expenses - and profit... thats all your accountant should need..

atho i do print off the finance report and expenses to be put into folder for keep safe. also so i can check i have all my recepts and invoices and not lost any.;

Dave - ps sorry about spelling slightly drunk atm ;D



It's best to have weekly but a min of monthly. If you get a tax investigation the will want you to prove how you got to the figure. If you cant then they can dissagree with you & start estimating.

I had a investigation years ago but a mate of mine had one that finished 6 months ago & they wanted daily but because he only had weekly in the end the had to go with that. Hes been told now to keep daily as thats what they want.

I use Window Cleaner Pro & it does the lot so i print off full accounts to the day.

Macc
Title: Re: accounts book. banking.
Post by: dave0123 on August 31, 2007, 12:53:01 am
i can do this if i want?  i could print on all the records since i started either weekly monthly daily..

dave
Title: Re: accounts book. banking.
Post by: petski2 on August 31, 2007, 08:18:45 am
Its all a matter of personal preference :)
I have George but dont use the accounts side of it. :)
I have a simplex D book,fill it in every Sat morn (10 mins max).
Income,outgoings and what I pay myself,staple reciepts to page and thats it done. ;D
Give to accountant at end of year ;D
Title: Re: accounts book. banking.
Post by: fenscouse on September 06, 2007, 03:35:12 pm
do you have to keep records of every house you cleaned and how much you were paid every day? an example:

1 abc drive £10
2 abc drive £15
3 Abc drive £10

total for day £35

and do this every day then add all of them together to get a weekly total. And also whther you were paid cash or cheque?

or can you just record how much you earnt without giving the details of the houses you cleaned? An example:

day 1- £35 day2-£40 day 3-£20  weekly total= £95

and then add your expenses for the week.

cheers 4 ur replies
Title: Re: accounts book. banking.
Post by: Russell Macdonald on September 06, 2007, 10:45:55 pm
do you have to keep records of every house you cleaned and how much you were paid every day? an example:

1 abc drive £10
2 abc drive £15
3 Abc drive £10

total for day £35

and do this every day then add all of them together to get a weekly total. And also whther you were paid cash or cheque?

or can you just record how much you earnt without giving the details of the houses you cleaned? An example:

day 1- £35 day2-£40 day 3-£20  weekly total= £95

and then add your expenses for the week.

cheers 4 ur replies

I keep weekly accounts, enough info but not too much. I was told by the Tax Office monthly totals is not enough but i would not keep daily info as the info  would become like big brother.



Macc
Title: Re: accounts book. banking.
Post by: Paul Coleman on September 07, 2007, 05:45:12 am
do you have to keep records of every house you cleaned and how much you were paid every day? an example:

1 abc drive £10
2 abc drive £15
3 Abc drive £10

total for day £35

and do this every day then add all of them together to get a weekly total. And also whther you were paid cash or cheque?

or can you just record how much you earnt without giving the details of the houses you cleaned? An example:

day 1- £35 day2-£40 day 3-£20  weekly total= £95

and then add your expenses for the week.

cheers 4 ur replies

I keep details of every transaction on my spreadsheet.  I find it quite easy due to doing repeat work because I can often just copy and paste much of it from one area of the sheet to another.  I believe that the IR ask for individual transaction records to be kept but if they are happy with less than so be it.
My accountant is only interested in me keeping a daily record and the total though I find that keeping individual records helps me anyway - especially if there is a customer enquiry.
Title: Re: accounts book. banking.
Post by: Wrekin C S on September 07, 2007, 12:25:44 pm
Any1 got links to these programs please?

Cheers
Andy ;)
Title: Re: accounts book. banking.
Post by: geefree on September 07, 2007, 06:24:40 pm
www.georgesystems.co.uk/