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Post Info TOPIC: From sole trader to Limited Company
Keri002


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From sole trader to Limited Company
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Hi,

If someone currently book-keeps onto Quickbooks as a sole trader and then they change to a Limited company, would someone mind advising me of the book-keeping process. The client also has got mixed up and has been making payments from sole trader account when should be limited and invoicing from sole company. I just wondered whats the easiest book-keeping process?

Do I open a completely new Limited company in Quickbooks as at the limited date and then any payments going into the sole trader account which should be the limited company just transfer across? im having a mind blank and over complicating it I think in my mind!

many thanks

K

 



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