Eventually someone has to do the bookkeeping for the enterprise.
Retailers will certainly want receipts and you may find
yourself involved in VAT.
A simple method is usually the most
effective, unless of course you are an accountant going into
chickens in which case it would be a good idea to produce a simple
clear booklet on the subject for everyone else to follow. .
astonishing how dynamic entrepreneurs go to pieces over 'the
books'. We have eventually decided after much trial and error and
a continual endeavour to switch responsibility from one to the
other that the only answer is to compile figures daily. It only takes
a few minutes and becomes part of a routine. However, we still
find that this is the most arduous part of the whole enterprise
Bookkeeping and VAT