Sole Trader Accounting(1st Edition)
Authors:
Robert Redfern
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Book details
ISBN: 1520722435, 978-1520722436
Book publisher: Independently published (March 11, 2017)
Book Summary: This is a kit that includes (via email) A4 sized pages of all the forms you need to practice ‘doing the books’ along with either the kindle or pocket print edition. A larger print version is also available and kindle illustrations are all ‘pinchable’. Learn how to complete your own sole trader "Books" using this hands-on guide and save money on accountant's fees. Updated tax rates and QuickBooks. HMRC encourage sole traders to DIY and use their 'simplified accounts' system taught in this kit so no need for complex 'Dummies Accounting" double entry accounting systems, charts of accounts, inventory records, balance sheets, cash flow statements, asset registers, ledgers, accruals or prepayments. You learn with a hands on case study and set of transaction records covering sales income, purchases, simple HMRC home and vehicle use rates, telephone and broadband, stationery, postage and ebay plus paypal costs (and money saving tips) if you sell online. How to fill in your annual tax form with three easy figures from your 'books'. How to use your personal bank statement and a credit card to save money on bank costs. Learn the case study methods and then do your own business 'books'. All the necessary 'books' forms are provided plus extra digital resources (email the author) including copies of all case study files (including blanks for your own business) and - if you want to progress beyond paper 'books' - an automated spreadsheet that allows latest profit to be immediately seen after every one of your own business transactions. A break even calculator spreadsheet is also available free and a master class in records keeping. Available as a Kindle or larger print paperback book.
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