Home > Case Histories, Field Audits, Workmens Compensation > Recordkeeping Records for Sole Proprietors in a Notebook

Recordkeeping Records for Sole Proprietors in a Notebook

You don’t need a computer if you are a small sole proprietor subcontractor to comply with the Workers’ Compensation records  keeping requirements. Most folks have a personal account or a business account they keep all their money in. No big deal. The Departments accept a spiral bound notebook (so pages can’t be substituted) to record (3) categories: credit card purchases, checks to laborers (net amounts) and subcontractors, a disbursement page for business expenses, and an invoice page to the customers.

Most of these sole proprietors work for one big contractor. There is not enough paper work to buy a Spanish or Russian or English speaking accounting program. Two rules: (1) always keep all receipts, and (2) make checks out to subs at Joe S dba Slovolzo Siding Company.

If you want to keep simple records on line, use our Employee Program at www.WKRComp.com. Try it for FREE!

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