Hi @sitewideuk
That should be more than fine. The main things to consider are:
- The figures are accurate (for example, VAT)
- The figures are recorded within the correct tax year/month (e.g. don’t record a 14/15 figure in the 15/16 tax year).
This guide may of some use to you. This looks at how to record shop takings in QuickFile. Although online is a bit different to a physical shop, the concept would be the same. You don’t necessarily need to do this on a daily basis, weekly or monthly should be fine.
However, if you are ever unsure, it may be best to double check with your accountant.
Hope that helps!