Take all your receipts and sales and purchases and enter them into some system (computerised)
On a regular basis we will give you a neat printout summarising what you’ve bought and sold, and showing what you’ve got in the bank, what is owing to you, and what you owe to others.
This should be in a nice easy to understand form that YOU can make sense of.
You pick up the records (neatly filed and organised!) and all the information we’ve agreed to provide you with.
It also makes it easy for us to handle any VAT inspections