I'm registered as self employed and I now want to start a blog where I can use adverts and amazon to make a little extra cash. Now I know that I have to record anything I earn as an income but I have no idea how or when to record the details.
As all the things that I'm planning on using are online based and have a "minimum payout" I'm unsure of exactly when to class it as an income - Do I only record what I transfer to my bank account or the actual affiliate balance?
Also, how often do I record my income? I mean it's not too bad when you earn by the product sold but with Google Adsense and similar things you have a daily income based on number of visits so do you keep a daily record or is weekly or even monthly OK?
Does anyone here have experience with this or are there any online resourses to help with these questions?