End of year
Thanks Thanks:  0
Likes Likes:  0
Dislikes Dislikes:  0
Results 1 to 4 of 4

Thread: End of year

  1. #1
    Join Date
    Sep 2011
    Posts
    196
    Registered Childminder since
    Feb 12
    Latest Inspection Grade
    Good
    Post Thanks / Like

    Default End of year

    Hi,

    Just wondered how people work out their income . I get paid in advance and should be 28th of the month but vouchers etc aren't arriving to the following month. Do you put down as the date received or the date due? Sorry a newbie here x

  2. #2
    Join Date
    Jan 2011
    Location
    Kingston upon Thames
    Posts
    951
    Non childminder member
    Accountant
    Post Thanks / Like

    Default

    You should record it in the year you do the work, so if you are billing for April it all goes into 2013/14 (assuming you run your accounts to 31 March).

  3. #3
    Join Date
    Sep 2011
    Posts
    196
    Registered Childminder since
    Feb 12
    Latest Inspection Grade
    Good
    Post Thanks / Like

    Default

    Quote Originally Posted by MrAnchovy View Post
    You should record it in the year you do the work, so if you are billing for April it all goes into 2013/14 (assuming you run your accounts to 31 March).
    Great, that's what I was hoping. Mr Anchovy sorry to be a pain but I have one other question.....

    RE Hours worked (what happens when you are on holiday and you receive half pay - do you out down as if you worked in relation to heating and electricity or do you leave it as if you havent worked those days?)

    I am using a spreadsheet on here that some lovely person donated.

    Thanks

  4. #4
    Join Date
    Jan 2011
    Location
    Kingston upon Thames
    Posts
    951
    Non childminder member
    Accountant
    Post Thanks / Like

    Default

    The best way is usually to add up all hours worked over the year and divide by 52. If you are talking about Happytoddlers' spreadsheet, she has amended it to work exactly that way.

 

 

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Quick Links and Advertisements

Important Information Links
Some Useful Quick Links
Advertisements

 

You can also find us on:
End of year End of year End of year

We use cookies to make this site as useful as possible. They are small text files placed in your browser to track usage of our site but they don’t tell us who you are.
By continuing to use this site you are consenting to cookies being placed on your computer. Find out more here: Cookies in Use

Childminding Help and the Childminding Forum are part of Childcare.co.uk