Select Flat rate or By hour from the dropdown menu. Or select By item if you're charging for a product. Enter an amount. Then select Add to invoice. Our cash book is simple to use and has some good features. Set-up takes under 5 minutes. You can change the names of the business income and expenditure categories to suit your business. All the figures for the year are calculated on an annual profit and loss report. Figures are posted to sales or expenditure using a drop-down list.

The na_tc cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com. It’s got similar features to the other platforms, with one clear twist. As we mentioned in our Clear Books review, Clear Books also claims that you will be Making Tax Digital (MTD) compliant automatically by using their service. This is useful for any self-employed business who plan on growing larger over the coming years.Creating an invoice doesn’t have to be confusing or time-consuming. Ready to send an invoice that leaves a great impression? Think about what the future may hold for your business and ensure your chosen software can continue to support you throughout. After all, you don’t want the extra work of changing your software later down the line. Self-Assessments

Select Add product & service to add items or services you sold. Enter a description of the service. You can claim business expenses on your tax return as a self-employed individual. It can help keep your tax bill low, and it’s essential to know what you can claim in tax allowable expenses. On the other hand, some self-employed individuals like to complete their accounting themselves. This is perfectly acceptable and can be done with the help of various accounting software. If you decide to go down this route, ensure you understand all the regulations and filing requirements for self-employed people in the UK. Record Keeping for Self-Employed – What Business Records should I Keep?Now you have your UK invoice template to bill for your work, you’ll need to customise it so it’s right for your brand and business. 3.1 Add Your Details Title and Description: Name the project and briefly describe what type of work your client is being invoiced for. Now you can start entering details of the money you are owed! Give your client as much information as possible to avoid questions and delays for them paying you. The template will automatically calculate the individual amounts and totals. In short, bookkeeping services provide a valuable service that can help businesses to save time and money.