Cristina Lourent. Spreadsheet Templates. January 22nd , 2018.
Notwithstanding the above, keeping correct information is vital if you want to run your business successfully and effectively. But, how to do it, and which method to use, is a problem for many new and growing small businesses.
Many years ago, there was only one real choice, your bookkeeping records were kept manually with Cash Books and Ledgers to help you organise records. Even today many small businesses still use handwritten records even though they can take up a significant amount of your business time and it is very easy to make errors. Accounting Templates
Thirdly, in my experience many business people find that even the most basic accounting system is too complicated, and, if they do not have good bookkeeping skills they will fail to use the system correctly.
Lastly, include an estimate on the monthly budget spreadsheet of how much youre planning to allot for entertainment. That way, you can save up your "entertainment funds" for something bigger (like a vacation) or spend it on smaller perks. Its also important to save some for emergency funds as well, because cars break down and people do become ill.
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