Forum

• # 71563
• Mon 30 May 2011 02:50 PM

Hi
I'm a VAT registered sole trader. I'm doing my own bookkeeping using online system.
I've got a separate business bank account but has been using it to pay for my personal expenses (shopping, paying personal bills etc). What is the proper way of entering these transactions? Shall I enter them as drawings? Also I've just set up standing order for monthly transfer to my personal account, would that be drawings as well?

many thanks in advance

• AZ
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• # 71569
• Mon 30 May 2011 04:01 PM

Hi AZ

May I point you in the direction of the link below.

http://www.bookkeepers.org.uk/Directory/search.aspx

This is a link to the practice directory and will list the practicing bookkeepers within your local area I would suggest you contact one of them and they will be able to help you, More often than not the initial consulation is free (We are just that sort of nice bunch ) It will mean that you have a good relationship with a professional bookkeeper that can help you as your business grows.

Best regards
Stuart

• Forum Moderator, South East & Greater London Regional Chairman
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• # 71602
• Tue 31 May 2011 10:08 AM

Mrs S

Please refer to my post.

Many thanks
Stuart

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