Accounts - please help

[happyhome]

I am in the process of setting up a spread sheet for my account. When I have received my gas, water and electric bill, can I put them through in the month that I received them or do I have to do it yearly. Also the same for my council tax bill as I pay it monthly can I deduct it from my accounts monthly.
Do you know how much I can deduct for rent. Sorry for all the questions

[Bumble Beez]

I put my c.tax, gas and electric through monthly as I pay monthly DD for them...also take a look at the following link, should help a little :thumbsup:

http://www.childmindinghelp.co.uk/forum/book-keeping-accounts-tax-expenses-national-insurance/2697-tax-information-help.html

Sarah x

[Chatterbox Childcare]

It doesn't matter whether you do it daily, weekly, monthly, quarterly or yearly, the results will be the same so do whatever is easiest for you

[hectors house]

http://www.childmindinghelp.co.uk/forum/book-keeping-accounts-tax-expenses-national-insurance/104599-book-keeping-excel-workbook-3.html look up the post dated 28 March 2013 - this gives the latest spreadsheet for this financial year.

Here is a spreadsheet all ready set up - just put in your utility bill amounts and it will work out your percentages etc for you.