Mr K and I set up a home-based business not long ago, and like many other newbies, work is sporadic at the moment. K does the bookkeeping, which is not a lot at the moment! It has been a great learning curve, especially for K as he doesn’t have any accounting background. Going through the tax books are a handful, but thankfully he has the patience to sit down and read all the nook and corners on how to fulfill our tax obligations.
We would have loved to enlist the services of a professional bookkeeper, i.e. an accountant but with their exorbitant fees and our small working capital, that seems like a far-fetched idea. However, this could soon be possible; thanks to Accounting Paradise. Their software Quickbooks is really affordable for new businesses, with 20% discount too! For those businesses who have employees, accounting paradise has a self-service payroll system that will take the hassle out of calculating wages. I don’t know about you, but I am ready to give it a go!
*kindly sponsored by AccountingParadise*
