I am doing book keeping for Sole Trader who is registered for VAT. I would appreciate some reassurance that I am doing what I should be doing...this is what I am keeping records of:
Keeping receipts for expenses, that is petrol, client expenses in relation to food/drink. Have put these on a monthly spreadsheet.
Doing monthly bank rec's
Will be starting this month (as only registered for VAT from Jan), doing VAT analysis for VAT returns.
Obviously keeping files on creditors/debtors.
The Sole Traders account will be doing end of year accounts. Just want to make sure that I am doing all that I should be doing.
Keeping receipts for expenses, that is petrol, client expenses in relation to food/drink. Have put these on a monthly spreadsheet.
Doing monthly bank rec's
Will be starting this month (as only registered for VAT from Jan), doing VAT analysis for VAT returns.
Obviously keeping files on creditors/debtors.
The Sole Traders account will be doing end of year accounts. Just want to make sure that I am doing all that I should be doing.