TML Bookkeeping

Sole traders — are you keeping track of your business expenses properly?

It’s really easy to pay for something, pop the receipt somewhere “safe”… and then never see it again. We’ve all got that drawer, folder or handbag pocket of doom.

But keeping on top of your expenses can make a real difference when it comes to understanding your profit and getting your records ready.

Common business costs might include things like software, mileage, phone use, stationery, training, professional fees and other costs that are genuinely for your business.

The key thing is to keep your receipts and make a quick note of what the expense relates to — future you will be very grateful.

A little bit of organisation each month saves a lot of stress later.

Need help getting your bookkeeping into shape?
Get in touch — I’d be happy to help.

www.tmlbookkeeping.co.uk