There is nothing wrong with a shoe box!

Keeping on top of your books can seem like a never ending task.  Lots of paperwork and not really sure where to put it!

Over the next few weeks, I will guide you through the process from receiving paperwork to choosing software to generating reports for you to use.

Lets start off with your filing system

Get 3 x Files
2 x Dividers

File 1 - is for supplier invoices, in front of the divider put all the unpaid ones, when you pay it move it behind the divider, put on how you paid and the date you paid

File 2 - exactly the same but for customer invoices (you may decide to keep these electronically)

File 3 - For all of you bank statements

But you are busy you might not get time to this everyday, so to make your life easy, why not have a shoe box (or similar) for small receipts, everyday empty your bag or your pockets and put them in there and deal with them on a weekly basis

Have a box file for all other invoices, so they are all in once place and ready to file

Finally set aside some time every week, this is much eacsier than leaving it until the end of the year!

Next week we will talk about other reocrds you should keep, mileage logs, diaries and more!