• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Good Bookkeeping Habits Help Run A Successful Business
 

Good Bookkeeping Habits Help Run A Successful Business

on

  • 2,901 views

Bookkeeping Systems series: Good Bookkeeping Habits Help Run A Successful Business. Paper 02.90

Bookkeeping Systems series: Good Bookkeeping Habits Help Run A Successful Business. Paper 02.90

Statistics

Views

Total Views
2,901
Views on SlideShare
2,778
Embed Views
123

Actions

Likes
1
Downloads
43
Comments
1

5 Embeds 123

http://www.squidoo.com 66
http://blog.lewistaxation.com.au 29
http://www.slideshare.net 14
http://lewistaxation.com.au 12
http://www.lewistaxation.com.au 2

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel

11 of 1 previous next

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Good Bookkeeping Habits Help Run A Successful Business Good Bookkeeping Habits Help Run A Successful Business Presentation Transcript

    • BOOKKEEPING SYSTEMS
      Good Bookkeeping Habits Help Run A Successful Business
    • 1. Key To Business Success
      Good financial records are a key to business success
      Keeping accurate records helps:
      make better decisions
      to raise funds
      to sell the business
      www.lewistaxation.com.au
    • 2. Up To Date Business Records Helps
      Tell the business person:
      how the business is performing
      current position
      what the future is likely to bring
      information about immediate and long term operations
      changes in turnover
      www.lewistaxation.com.au
    • The types of records that should be kept include:
      Sales Records
      Deposit Books
      Debtors Records
      Order Books
      Creditors Records
      Cash Payments Book
      Cash Receipts Book
      Bank Reconciliation Statements
      Cheque Butts
      www.lewistaxation.com.au
      3. Types Of Records To Be Kept
    • Payment Records (Invoices/Statements)
      Production Records
      Stock and Work in Progress Records
      Payroll and other Employment Records
      Petty Cash Records
      Government Authorities including Tax Office, Payroll Tax, Work Care
      Insurance Records
      Fixed Asset Register
      www.lewistaxation.com.au
      3. Types Of Records To Be Kept cont'd....
    • 4. Maintain On A Daily Basis
      Update records on a daily basis
      www.lewistaxation.com.au
    • 5. Consult A Professional Accountant
      To ensure the system is effective and practical
      Will provide easy access to important information
      Professional Accountants have the expertise to implement and oversee accounting systems to meet the business's specific requirements
      www.lewistaxation.com.au
    • 6. Need To Be Knowledgeable In Daily Bookkeeping Requirements
      Understand the bookkeeping requirements
      Your Professional Accountant should be in close contact to ensure finances are headed in the right direction
      www.lewistaxation.com.au
    • 7. Better Position For Success
      By keeping accurate and up-to-date records, business operators put their businesses in a better position for success
      www.lewistaxation.com.au