Micro-business Bookkeeping and the Cash Budget
- 2.6
Brief Introduction
Learn how to set up a bookkeeping system for a small businessDescription
Learn how to manage the finances of your small business with this short course on bookkeeping. Micro-business Bookkeeping and the Cash Budget will help you set up an efficient bookkeeping and accounting system. From setting up your filing system to invoicing, you will have control of your books. This course includes:
· Understanding the accounting system
· Set up a filing and recording system
· Spreadsheet cash ledger
· Sales and purchase ledgers
· Accounts receivable with invoicing
· Accounts payable and aged analysis
· Using the cash budget to manage cash inflows and outflows
You will have confidence in managing your finances for your micro business. Accounting doesn’t have to be complicated and this course keeps things simple for a business with less than a hundred transactions per month.
Requirements
- Requirements
- MS Excel or spreadsheet software
- Basic Mathematics