As a business you'll want to stay on top of your expenses and make sure you record all your expenses. Expenses may include bills from suppliers, travel to and from clients, receipts for meals and purchases made for the business. If you're not sure what you can include in your business expenses, get in touch with your personal bookkeeper at Whitehill, or have a look at the guidance from HMRC if you're a self employed worker.
Keeping records of your expenses couldn't be easier....There are 3 ways to record your expenses.
If you have a smartphone, you can use the app to record your expense and attach a photo within a few minutes. This is ideal for entering small receipts for shop-bought items, meals and similar receipts. Once you've recorded the expense you can forget about saving the paperwork - it's stored in your accounts. For Quickbooks Online, click on the "+" and select Expense. enter the amount and photograph the receipt. Enter what type of expense it is and store it - you're done!
When you get your setup from Whitehill, it will include an email address for sendig invoices to. If you receive an invoice from a supplier as a PDF, PNG or JPG attachment, forward it to your expense email address and we'll process it, making the entry into your accounts within a few days.
If you'd prefer to post or drop in your paperwork, that's absolutely fine! Just post or drop in to us at;
[your business name]
3C Hopewell House
Whitehill Ind. Park
Royal Wootton Bassett