P
PDCAT
Guest
Hi Folks
My Partner has just set up her own Beauty Business Salon and i have undertaken to do help her with here books.
Weve seen an Accountant and he has shown me how to keep these books. His Fee for the year is 900 euros paid quarterly. I seem to be spending an awful amount of time myself doing these books (alot more than i originally thought was necessary). I am keeping a Daily Cash Book with a summary at the end of every 2 months for Vat Returns as well as calculating Vat returns and sending payment. I also am keeping a Credit Journal which includes all there Direct Debits and Cheques written for each month. Also i keep a Purchases Invoices Book with means each invoice goes into this book detailing total amount, Vat amount, amount for resale at % and amount not for resale %. Some of her friends who also own Beauty Salons have been telling her that im doing most of his work for him and their accountants only charge approx 500 euros and do most of this work for their clients.
Just wondering if any one could give me any info.
My Partner has just set up her own Beauty Business Salon and i have undertaken to do help her with here books.
Weve seen an Accountant and he has shown me how to keep these books. His Fee for the year is 900 euros paid quarterly. I seem to be spending an awful amount of time myself doing these books (alot more than i originally thought was necessary). I am keeping a Daily Cash Book with a summary at the end of every 2 months for Vat Returns as well as calculating Vat returns and sending payment. I also am keeping a Credit Journal which includes all there Direct Debits and Cheques written for each month. Also i keep a Purchases Invoices Book with means each invoice goes into this book detailing total amount, Vat amount, amount for resale at % and amount not for resale %. Some of her friends who also own Beauty Salons have been telling her that im doing most of his work for him and their accountants only charge approx 500 euros and do most of this work for their clients.
Just wondering if any one could give me any info.