DIY Accounting

read moreAnnual PAYE return showing employees' names, income tax and national insurance calculated automatically. The excel book keeping spreadsheets are designed from the simple small business bookkeeping software used for existing clients to make financial transactions fast, easy to enter and understand. DIY Accounting Software includes 4 spreadsheets for cash and bank transactions being one each for Cash, Bank, Savings and Credit Card each with a self balancing Bank Reconciliation to enable the accuracy of the financial transactions names, income tax and national insurance calculated automatically.

read moreSelf employed business can use its own accounting period but the tax position can become more complex if the accounts use a basis period rather than the standard financial tax year. This article includes steps by step instructions and an example of an actual Making Tax Digital (MTD) submission. This article explains the use of the Income Tax sheet within the Basic Sole Trader package. Starting you own business brings in a lot of new concepts and terms. Here is a quick run through some of those we regularly encounter from new business owners.

read moreA profit and loss account is a summary of taxi business transactions for a given period - normally 12 months. By deducting total expenditure from total income, it shows on the "bottom line" whether your business made a profit or loss at the end of that period. Copies of the HM Revenue & Customs self employed tax return is integrated within the taxi drivers accounts systems provided by DIY Accounting to make it the best accounting software in the UK for the self employed taxi, cab, private hire driver and van driver.

read moreThe sales bookkeeping spreadsheet is used to record the self employed income. The format of the accounts spreadsheet has columns to enter the sales date, customer name, description of the type of sale which is optional, the sales invoice number if applicable and the total amount invoice. Sales Invoice automatically generated from an internal sales invoice database supplied with full instructions in the Limited Company User Guide to generate invoices quickly and professionally. Annual PAYE return showing The purchases bookkeeping spreadsheet is used to record the self employed expenses.

read moreThe DIY Accounting payslip generator is designed for customers who would like a payslip generation facility but use a separate tax calculator such as HMRC's Basic PAYE Tools. For customers with a DIY Accounting business accounts system such as Company Accounts or Self Employed, the payslip generator feed through into the business accounts via the Wages Interface sheet. A Payment sheet is included to track payments to HMRC. Excel or an open source spreadsheet program must be installed on your computer since the package consists of payroll spreadsheets.

read moreMany of our customers regularly post on our area in Teneric Business Forum. A place which we monitor ourselves and where ourselves, other helpful fellow customers and qualified experts can give advice and share ideas to help use the products. We can also offer an accounts review service, the emphasis remains on you doing what you can yourself but we are here if a little extra help is needed. To find out more contact us. Self employed business can use its own accounting period but the tax position can become more complex if the accounts use a basis period rather than the standard financial tax year.

read moreDIY Accounting specialises in providing sole traders, self employed and small limited companies with accounting and payroll software written on accounting spreadsheets offering cost effective solutions to accounting, bookkeeping, payroll and tax returns. Qualified Certified Accountant working for a large company as an Operations accountant, part time I want to move away from corporate 9-5 and work from home more flexibly. I have a few clients at present, but need to find more! I offer year end accounts (P&L and Balance sheet) tax returns and PAYE, and companies house filing as well as any monthly accounts needed.

read moreSince Terry's passing in December 2009, it has by been his children; Antony, Jane, Samantha, Lindsey and Daniel taking control of the company. With outside help we have aimed to provide the high quality of care and expertise that Terry provided alone. We hope to meet your expectations but our success is based on your custom. So let us know what you think. We launched our Limited Company three years ago, specialising in the supply of toothbrushes and toothbrush storage systems to schools and nurseries.