Well today is the day...

[keeks]

... I am beginning to climb the accounts mountain for the first time!

I think I will be hanging around this part of the forum for the foreseeable future! :D

Please keep your fingers crossed I don't have a breakdown and tear everything up. I am seriously considering getting an accountant but I thought perhaps if I use the Force of the Forum I will be able to battle it on my own.

In preparation I have printed off the tax downloads stuff from here and read through it.

Right, first thing is to organise the receipts in month order (I've currently got them in a big pile - at least they are in one place!).

Sorry in advance for all the questions I will be asking! :blush:

xx

[Chatterbox Childcare]

It isn't that bad

As you say sort your receipts into month and the week order (this is the longest part) and I would say in future don't leave it but try and organise this each week

After that write them into your spreadsheet/accounts book, then add in where you have been for costs of toddlers, swimming, shopping etc and then finally the mileage

These are the expenses - then do the income which you can then add 10% of to your expenses as wear and tear

You also need to calculate for expenses, water and council rates, electricity and gas, sky/virgin, telephone.

That is a start - good luck as I expect it will take all day :D

Hope it is raining where you are as it won't seem so bad then :thumbsup:

[Tink]

My husband does ours. He has an envelope for each month and we put our relevant receipts in the monthly envelope then it is easier for him to sort them out.

[PixiePetal]

My husband does ours. He has an envelope for each month and we put our relevant receipts in the monthly envelope then it is easier for him to sort them out.

I do monthly envelopes as I go and try and sort them at the end of each month - doesn't always happen like that though :o

[keeks]

Thanks guys!

Debbie, if I come out the other side alive, I will ALWAYS do this weekly!!!

And that promise is going to last way longer than my usual "I will never drink again" or "Next Christmas I will buy all my presents before Halloween!". :D

xx