Starting with QuickFile

Accounting
1

Hi
I have recently enrolled with Quickfile and have so far been using paper accounts, I started my business in Aug 2013 and have had one tax year and in the middeof another year.

Can any one please tell me how I could intergrate my old records or would it be better to wait until the new tax year and start using quickfile.

I amunsure how to proceed

Thanks in advance

2

Are you a sole trader or ltd company?

3

Hi

I am a sole trader, I sell on ebay

Regards

4

You can leave previous tax year as it is and start entering for this tax year

5

Thanks for that, if i may ask one more question please

I work from home part time and have a business bank account but my utility bills such as heating, broadband, mobile etc all get paid by direct debit from my personnal account, how could i put these through as expenses on quick file, I am thinking if I do not then my records will be incorrect, if I do then I can not link this to my bank records.

hope this makes sense

Regards

Glynn

6

This is good starting point https://www.gov.uk/simpler-income-tax-simplified-expenses/working-from-home

7

You may want to complete this short questionnaire that will guide you on how to get started in QuickFile:

http://www.quickfile.co.uk/resources/startup.aspx

There’s also a basic guide on sole trader bookkeeping here:

http://help.quickfile.co.uk/main/1/sole_trader_bookkeeping_-_the_basics.htm

Also if you search these forum you’ll likely find that most questions you may encounter have already been covered.