Can someone please give me some advise. I have completed some bookkeeping for a friend and although all his sales have been recorded as he mainly deals in cash sales his Purchases and Expenses invoices are not as he has lost some of these quite a few by the look of the figures. I have run off a Profit & Loss Account which show a very high Net Profit in a short period of time. As it will be passed on to his Accountant for the Self Assessment return. How is it possible for the Bookkeeper to reach a sensible set of Accounts for submission to the Accountant. I can work to a good standard of Bookkeeping but only on the Invoices provided. Can someone please shed some light on the Subject. The business is not Vat Registered.
Work from his cheque book stubs, bank statements, credit card statements, find out if he has any standing orders, direct debits etc., to build up a profile of his purchases and expenses. If he has any receipts try to reconcile these to be above information.
