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Yes, drafting a spreadsheet will most likely be a region of the procedure, but there's far more besides. The spreadsheet will even permit you to understand how much tax that you will pay on... Some files take a lengthy time to download but that's dependent on your link. It contains room for various account names, as well as the type of tender used, and the initial and final balances. In addition, a new spreadsheet needs to be started each VAT quarter, so the column totals (pink figures at the peak of each column) end up showing the right totals for each VAT return.

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Simple Business Accounting Spreadsheet
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