It is not necessary that you have to use professional software programs like QuickBooks or Zero for managing your financial records. If you are running a small business, a manual bookkeeping system may be beneficial. It is simple to use, and you can set up a basic bookkeeping system in just a few hours. Manual bookkeeping is easy, accurate and comprehensive with the original Cashflow Manager manual record keeping system. This simple method of bookkeeping can work well for sole traders or small business owners. You can use bookkeeping for analysing business activities, attracting investors, finding finance, lodge and pay tax, etc. Keeping bookkeeping record is a must.
Learn the essential concepts of bookkeeping, its definition, how it works and how to use it in business in the Bookkeeping Systems Diploma course.
What Will I Learn?
- By the end of the course you will be able to implement a bookkeeping system for your small business
- Understand common accounting terminology
- Understand the relationship between the books of prime entry in a manual system
- See how a manual system relates to a computerised system
- An interest in business
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