easy bookkeeping software for self employed

The account can be viewed from your phone via the Countingup app.

To make things simpler, a business current account, like Countingup, will keep an exact record of all of your business transactions. Recording all of your business transactions is essential if you’re going to prepare your income and expenses for your tax return, see profit and loss figures, and make well-informed financial decisions. Good bookkeeping isn’t just about invoices.

Receive a notification when an invoice is paid.Ĭreating invoices on the go will save you loads of time and stress, and the invoices will be recorded on your app so you can check them whenever you need to.

Create an unlimited number of customised invoices.

InvoicingĪs mentioned earlier, invoicing will play an important role when you’re self-employed, and getting better at it will ensure you’re paid on time with fewer mistakes.Ĭreating invoices for every client can be tedious, but you can make it a lot simpler by using the Countingup app. Accurate records like these will make things much easier when it comes to invoicing clients, and preparing those income records for taxes. You’ll need to record their contact information, the hours and dates you worked with them, and the rates you’ve charged. Because those clients are your actual source of income, keeping track of their information is an essential part of effective bookkeeping. Client informationĪs your business grows, you’re going to collect more and more clients. If you’d like some broader advice on starting your own personal training business, check out our other article, “ How to be a self-employed personal trainer”. It can seem like a lot at first, so in order to help you with your bookkeeping, this guide will cover all of the bookkeeping basics you’ll need to know as a self-employed personal trainer, including: You’ll be recording transactions, preparing accounts for taxes, tracking cash flow, and producing profit and loss statements. Becoming a self-employed personal trainer means handling your own bookkeeping.

Easy bookkeeping software for self employed