I suppose you might have a draw full of grubby invoices that you pass to your accountant at the end of the year.  Obviously your accountant will love you, not, and sent you a suitably large bill.  Some people keep their accounts in a manual cashbook.  It is a surprisingly good way of keeping them as it is easy to do, and at the end of the year it is quite easy to construct the accounts from, although it is not very good at being able to trace transactions after the event.  As a result when a customer rings up with a question it can be difficult to help them.  You will also have to manually transcribe all your invoices, and have a system to make sure you catch all the non cash payments (direct debits and the like). Read the rest of this entry »