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SB Cleaning

  • Posts: 4336
Re: better way to keep till receipts for taxes
« Reply #20 on: January 19, 2017, 04:38:32 pm »
All my receipts are thrown into a folder and given to the accountant at the end of the year to sort out :)

CleanClear

  • Posts: 15388
Re: better way to keep till receipts for taxes
« Reply #21 on: January 19, 2017, 11:29:42 pm »
Im not good with paper work, infact hate doing it. So for as long as i can remember i always put off the paperwork until i have to. Which means i always do them  in jan and online, so atleast for tax man im consistant  ::)roll
I keep all my receipts in a box and spend a couple of days sorting them all out. I dont know if stores are now using cheaper inks in their tills, but half the receipts are no longer readable. I got some of my records out of previous years and again receipts are that faded it looks like im saving small sheets of cheap paper. I need a new and easy method of recording and keeping such receipts, ie fuel receipts etc.
How do you guys record//keep yours??
Cheers in advance for helpful comments

Hi Nathan, i find taking and dealing in cash such a faff to be honest.  I try to get everyone to go cardless, pay by internet or cheque. When they offer cash i try where possible to decline it and steer them to the other methods. This has great advantages for my accounts. I can use my bank card to pay for all my business expenditure, so if there is a lost or faded reciept i'm not to worried as i have a concrete record of it leaving my business bank account. And then the tax man, my accountant and everyone can see all i take in and spend out so there's absolutley nothing to worry about. I think that is the way to go now, cash and cash reciepts are so dated.
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