End of Year Accounts Paperwork

[Tee2072]

Just ending my first year of business.

I have looked for the answer to this question at Business Link and HRMC but can't find it.

I know I need to have my bank statements, and I do, only I don't actually get them from the bank, but from their website. I have complete paperless banking.

Would those be acceptable, just Excel spreadsheets? They have no bank logo or anything on them to say 'Oh this is from Tee's Bank'!

Or do I need to speak to the bank and see if they can get me something 'more official'?

I use my online banking statements. I print them off from the website, so they do have the logo on. Print it before it goes into Excel. I suppose they could always say that you have doctored the excel spreadsheet, but printing straight from the internet is ok.

If there is ever a problem I know you can get back statements from the bank if needed, so that's my backup plan if ever I was asked to produce them and mine were not good enough.

Thanks for your response.

I could try printing from their website, but it's not really set up for that. I guess I'll just use the Excel spreadsheets and if HRMC asks, get ones from the bank!

I'm sure ALL banks allow you to print directly from their web site - or even create pdf's - which you could store on your pc? Or if you can print - print the 1st and last page to show beginning and end balances and the spreadsheet for the in between movements.

Actually, I've never tried doing anything but downloading the data to Excel. I'll have to poke around and see if there is another way to get the data.

Thanks for your help.

The bank HAS to have a system to produce a verified record of your statements under the banking code.
Which is your bank - in my work I see more of online banking than is healthy - I may know where to look....

But does it have to be online?

It's Northern Bank, BTW.

Sorry, I dont understand your question "Does it have to be online?". If you explain I will try to answer for you.

You say they have to produce verified record of my statements and also say you are sure all banks allow you to print directly from the website.

I don't see anywhere where Northern has a nice neat, verified download of my banking so I was wondering if they just have to have it available if you go into the branch not necessarily available on the website? I never go to the bank!

Does that make more sense?

www.northernbank.co.uk/en-gb/About-the-bank/CR/Environment/Pages/Online-statements.aspx

it is against the banking code for banks NOT to provide verified PDF statements
excel will NOT DO as it is editable

google and F1 are your friend

it is against the banking code for banks NOT to provide verified PDF statements
excel will NOT DO as it is editable

PDFs are totally editable too..

You can set PDFs up so that they are not editable.

You can set them up so they're not easily editable by a layman, but there's no way to make them completely uneditable (even the password protection is easily bypassed).

Always verify independently the contents of a pdf if it's important.

That's what I was thinking Chunky. I edit PDFs all the time in my work. It's not that hard.

Thanks for the link Talkin. Obviously you are far superior to me as I couldn't find it.

The bank know what they put on their web site
if you edit it prior to presentation to HMRC, choose your prison uniform now
can does not equal should
common sense chapesses

No one is saying that going to edit it, just that it is ridiculous to say that it's impossible to do so.

How superior you come across!! It's very off putting.

BTW This is how you make a link

Just check Tee - how far you can go back to print out. Barclays only allow you something ridiculous like 30 days - and then you have to ask them to print from the branch and they charge you. Robbers!!