Hmm. The set of accounts my accountant produces seem to bear little or no relation to the figures I actually give him. I've given up trying to reconcile the two.
-
-
I keep two things in mind.
(1) how far I could cope with the taxman coming round and saying "why didn't you tell us about the £x? Have you any idea how serious that is?"
(2) how fed up I am with reconciling to within £x
At the beginning £x is large, and (1) outweighs (2). After more reconciling and accountant-email-tennis, £x shrinks to a point where (2) outweighs (1). This year it was about £150.Comment
-
I really wouldn't worry about a few pounds but I have also had accounts where I could not even recognise the main figures, one seemed to be just going from the bank spreadsheet and ignoring the rest.bloggoth
If everything isn't black and white, I say, 'Why the hell not?'
John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)Comment
-
I've started to use Microsoft Office Accounting 8 (as its free), thought i'd give it a few months of use see of I like it. Anyone else giving it a go?
Yes, I am using it as it will generate a profit & loss + balance sheet for me. Hoping to ditch the accountants for end of year.
Seems to work ok, doesn't have a method to show FRS built in so you have to construct one yourself to ensure FRS gains are reflected in profit.Comment
Comment