Personally I’m not a fan of calculators, I get easily distracted and never arrive at the same figure twice when I add things up ‘by hand’. I realise that I might not be inspiring confidence in my ability to give Tax Return advice but I can, I’m pretty sure, do Excel.
And I recommend that you do to.
The name spooks a fair few people.
However – large companies use it for a reason – it makes life easier and more accurate. Most people are scared of it because it is, here and there, a foreign language – but a quick Google can find you a starter guide like this one – which will give you a basic grounding in it.
With that you can build a fairly simple sheet to help you add up and manage your incoming and outgoing costs. I’ve made up a blank version of the sheet I use for you to have a play about with – download it here:
For Windows 7 – with instructions included:
For Windows Vista and below – no instructions on sheet, see images below instead
and see what you make of it. It should provide you with profit and loss figures for your business that’ll be vital for getting that pesky Tax Return done by the end of the month.