Record keeping for self employed photographers - part 2 of 1 2 3

Published 01/08/2011

How should you go about it?

Manual bookkeeping has its merits. It is straightforward for a start. All you need to do is buy a bookkeeping ledger from a stationers and start to record your transactions.

As long as you keep income and expenses separate, record the dates and implement a referencing system it should be fairly easy.

If the thought of manually recording all your transactions is daunting, it will be good to know that the manual days are gone - most bookkeeping is done on computers now.

Most simply you can use something like Excel to create a simple spread sheets. If you know how to use them, these can work for simple figures. For more detail though, they are limited and would struggle with Double Entry bookkeeping.

It has to be said that using a double entry system is better because of its accuracy.

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1st Published 01/08/2011
last update 06/11/2019 11:08:10

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