BannerPenguin
Well-Known Member
I see your point here Banner, and I agree with you, but for some people just the mere thought of trying to work out the fundamentals of accounts and the tasks associated with it is a minefield. :biggrin:
I agree. It's very daunting. Luckily my accountant taught me how to do most things and the stuff I don't want to/can't be bother to do I say you deal with it lol. He tells me how much it will be and I say yay or nay.
I hate accounting. Massively. But it was a necessary evil for me to get on with as gives me better business analysis. It always helps in the way you don't end up forking out lots of money on accountants. However I did struggle with it for about a year before I started using Kashflow accounting online system. Well worth the £25 a month. You can auto file all returns with HMRC at the click of a button when sync it with the HMRC gateway. It's great. VAT returns are less of a chore now.