Recent content by amandajoe07

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    Lost petrol receipts

    Just what I wanted to hear, thanks! Incidentally I highlight my bank statements with notes too, same with PayPal statements! It just feels like the 'right' thing to do ;-) Many thanks, Joe
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    Lost petrol receipts

    I thought it as 45p ;-) Yes I almost always pay for fuel by debit card! Mixed on personal and business accounts though so could confuse! I am going to be able to keep my finances separate within about 4 weeks but it's making it a bookkeeping headache at the moment! I was hoping as I...
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    Lost petrol receipts

    Thanks, what about the lack of recipts for the earlier journeys? Many thanks, Joe
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    Lost petrol receipts

    Thanks for the link. I believe that is for employees of businesses (PAYE). I have started trading mid April this year, as a sole trader so I think it would be 45p now. Just wondering if they will make an exception for 3 provable journeys without receipts or if I should just forget about...
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    Lost petrol receipts

    Hi, I lost all my petrol receipts from my previous car as they were all stored in the ashtray for safe keeping. I made a couple of long distance journeys including to Leeds for an arms fair, plus Birmingham and Harrogate for face to face deals. These are provable journeys as I have...
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    Sole trader, some book keeping questions. Buying and selling.

    Fantastic, thank you all so much again! Regards, Joe
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    Sole trader, some book keeping questions. Buying and selling.

    Thank you very much indeed! I'm much more clued up now and I was really making work for myself the amount of accounts I was keeping! Just one final question, I promise. End the end of the year what exactly do I do with stock remaining, do I total the approximate value of everything...
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    Sole trader, some book keeping questions. Buying and selling.

    If anybody could clarify the points in red above I would be most grateful. I'm finding it difficult to grasp the capital introduced and if I calculate it as a profit, cost to the business etc. Many thanks, Joe
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    Sole trader, some book keeping questions. Buying and selling.

    Thanks for the reply! Many thanks again indeed, I'm already much more in the know than this morning, and it shows I have been making excessive records that would have been extreamly time consuming as I grow! Regards, Joe
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    Sole trader, some book keeping questions. Buying and selling.

    Thanks for the reply. Just for clarity, I don't need to link individual costs to each individual sale? Shall I just do a monthly total of costs inc purchase and sales? If anybody can address the rest of the points I would be most great full. Many thanks again, Joe
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    Sole trader, some book keeping questions. Buying and selling.

    Sorry double post!
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    Sole trader, some book keeping questions. Buying and selling.

    One more point, here is how I've been keeping my records but it is long winded as I have blanks in pages until it sells and I have to keep going back and with lots of tranactions this will be very confusing: 1) 01/05/12 Medal. Bought £50 sold 15/05/12 £100 Costs £11 eBay £4 PayPal. Posted...
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    Sole trader, some book keeping questions. Buying and selling.

    Hi My Name is Joe, after having an interest in collecting Militaria for approximately 20 years I decided in mid April this year to give it a go buying and selling it as I saw some niche markets. My company name is Fritz and Brits Militaria, I sell German and British Militaria. I am a sole...
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