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I was so stupid when starting out, as I just took cash in hand for everything and put it in a box so I didn't have any kind of receipts. Now, I keep them for everything. Everyone who buys something gets a receipt plus an itemised invoice for everything that I used to make their product, and it helps me to work out my profits much more accurately, so it's excellent really. I would definitely say you should have an invoice template that you use for each client, rather than doing a separate one for all of them, then it will look much neater when it comes to making your records.
You have to keep receipts. Even if you think you know exactly how much you're earning. Because at the end of the day, you never, ever know when HMRC are going to want to see your records, and they will find it much easier to work through if you have specific things to show to them. It's better to be safe than sorry; the last thing you need is a huge fine.