Hair & Beauty Training

Bookkeeping & Accounts for Salon Owners

Keep records that take minutes not weekends, read your own accounts, and stop being surprised by tax.

  • 8 CPD hours
  • 11 lessons
  • Intermediate
  • Online, self-paced
  • Certificate included

What you will be able to do

  • Set up a bookkeeping system that takes fifteen minutes a week
  • Know exactly which records to keep and for how long
  • Read a profit and loss account and a balance sheet and say what they mean
  • Build a twelve-week cash flow forecast and see problems early
  • Understand the VAT threshold, the schemes, and when to plan for it
  • Run or oversee payroll correctly
  • Meet self assessment and Making Tax Digital obligations
  • Brief an accountant properly and get advice rather than compliance

About this course

Most salon owners are not frightened of the money. They are frightened of the paperwork — and because the paperwork gets left, the money becomes frightening too.

This course fixes the paperwork first. Set up properly, salon bookkeeping is fifteen minutes a week and an hour a month. Left alone, it is a lost weekend in January, an accountancy bill inflated by the mess, and a tax bill nobody saw coming.

Eight hours covering the whole cycle: the records to keep and how, reading a profit and loss account and a balance sheet, cash flow forecasting, VAT, payroll, self assessment and corporation tax, Making Tax Digital, and how to get real value from an accountant rather than just a set of accounts you file unopened.

Curriculum

3 sections · 11 lessons

Start here1 lesson
  • How this course worksFree to read
The modules9 lessons
  • Setting up a system that takes minutesFree to read
  • The weekly habit
  • Reading your own accounts
  • Cash flow: the thing that actually closes salons
  • VAT: the threshold, the schemes and the cliff edge
  • Payroll without errors
  • Self assessment, corporation tax and setting money aside
  • Making Tax Digital
  • Getting real value from an accountant
Assessment and certificate1 lesson
  • End-of-course assessment

What you need

  • A weekly takings and expenses sheet
  • A twelve-week cash flow forecast template
  • A record retention schedule
  • An allowable expenses list for hair and beauty
  • A questions-for-your-accountant checklist

Reviews

Reviews here only ever come from people who actually enrolled and completed the course, so there is nothing to show until somebody has. We would rather leave this empty than fill it.

Questions

Is this accountancy advice?
No, and it is not a substitute for an accountant. It is the course that means you understand what your accountant sends you, can spot a problem in month three rather than at the year end, and can ask questions worth the fee.
Do I still need an accountant after this?
Almost certainly, and the fee is allowable. What changes is what you get for it — an accountant handed clean records gives you advice; one handed a carrier bag gives you an invoice for sorting out a carrier bag.
Which software should I use?
The course deliberately does not recommend a brand. It tells you what a system must do — bank feeds, digital records, VAT and Making Tax Digital submission, receipt capture — so you can choose, and so the course does not go stale when a product changes.
Are the tax rates current?
Every rate and threshold is flagged as one to check, because they move with each Budget. What the course teaches is the mechanism, which does not.

Also in Salon business

You might also want