Bookkeeping for selling abroad,advice plz? -

Hi!I m going to sell stuff to other EU country by internet, set a bank account over there, so people could easily pay for bought items.Every so often,I want to take money from foreign account and pay them into my UK business one. But I ve no idea, how to record it. Any advice? Or where can I go and ask for cheap? Thanks for Your help

Speak to your local Business Link. Their help is free and they re really good on imports and exports.Do you need to have another bank account? Why not use Paypal and accept payment in Euros as well as sterling? That way you just make a transfer from your Paypal into your business bank account without needing to make any special records.The only point at which you ll need to watch how you record it is if you reach the VAT threshold - around ��67k turnover - as they require you to show goods bought and sold in the EU separately.Good luck!