Quarterly Accounts Checklist
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A checklist for quarterly cases
If you provide records to Proactive on an annual basis, then you need to use the annual accounts checklist. For quarterly cases, please help us with the following information which covers the whole three months as shown in our recent e-mail request:
Bank/Finance House items
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Copies of all business statements on current accounts, deposit accounts and loan accounts.
Income items
Records of all sales and sundry income. That could be any one of the following:
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Copies of all invoices issued.
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A full summary of all invoices issued, on a single schedule with separate columns for Date, Net, VAT and Gross
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A full set of duplicate pages in a traditional carbon copy invoice book.
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A photocopy of the income sections from your hard back analysis book.
- Other records which clearly show all monies received.
Expense items
Any combination of the following:
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All supplier invoices addressed to your business
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A photocopy of the expense section in a hard back analysis book
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Other receipts and expense vouchers which support your other business outgoings.
- Expense claim forms for directors and/or employees of limited companies, or partners personal expense claim forms in the case of a partnership.
Payroll Items
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Separate payroll summaries for Executive and Non-Executive staff
- The summaries should show separate totals for Gross Pay and for Employer’s National Insurance
VAT Items
- If you are VAT registered and do not yet operate through the on-line system, please also include the original, blank green VAT return for the period.
Please check the Paper or Paperless page if you need advice on how to send things.
Posted on 2 Jul 2009 by The Proactive Accountant Dot Com
Tags: accounts, checklist, quarterly
