This document discusses the importance of bookkeeping for businesses. It notes that bookkeeping is essential for businesses to analyze their performance, ensure they have enough cash flow, track receivables and payables, calculate turnover, manage inventory levels, and have accurate and timely financial information. The document then provides examples of bookkeeping exercises, showing how to record purchases, sales, and cash transactions in registers and accounts like stock, purchase, sales, and cash books. It demonstrates calculating profits and analyzing margins and returns. The goal is to help entrepreneurs learn basic bookkeeping habits and practices to manage their finances and taxes.
Mb0041 financial and management accountingsmumbahelp
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
Mb0041 financial and management accountingsmumbahelp
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
Course material for An introduction to keeping financial records in business for small and medium sized enterprises organised by the Lagos hub of the Global Shapers with support from Abraaj for small and medium enterprises in Lagos NIgeria held in June 2016
i have made this ppt for my college ,,i will share this for those gyes who want a specimen of bfa subject
and this slide making crdt goes to my sir.. thank you sir
This presentation show the impact of two common business transactions, the sale to a customer and the receipt of payment from a customer have on both the Profit & Loss and Balance Sheet reports.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
4. 4
6 COMMON BUSINESS Q’s
1. Do you continually analyze your business performance?
2. How liquid is your business? Do you have enough cash?
3. What are your receivables and payables?
4. What is your turnover?
5. What is your current and future stock positions?
6. Do you have accurate timely financial information?
Every entrepreneur must honestly ask himself…
5. 5
ANSWERS TO 6CQ’s
1. Inventory Management
2. Receipts and Payments
3. Expense Management
4. Business Profitability
5. Performance Analysis & Budgeting
5 main things to know about…
6. 6
5 BOOKKEEPING HABITS!
1. Track you inventory
2. Track your receipts and payments
3. Track your expenses
4. Book review / performance review periodically
5. Know your taxes
Every entrepreneur must do…
7. 7
A BOOKKEEPING EXCERSIE…
• Customer gives you an order of 10 pcs @ Rs. 100/- each.
• You ordered these items to your supplier @ Rs. 70/- each.
• You received these items from your supplier with bill.
• Your paid your supplier.
• You delivered the order to your customer and raised the bill.
• Your customer paid to you.
• Prepare Profit & Loss with books / registers.
Let’s record these transactions…
8. A. PURCHASE RECORDING
B. SALES RECORDING
C. CASH BOOK
D. PROFIT & LOSS
E. ANALYSIS
8
STEPS FOR RECORDING
ANY IDEA…
9. 9
1. Stock Register
Date Item Particulars Purchase Sale Balance
12-Jul-2020 Item A Supplier A 10 10
2. Purchase Register
Date Item Supplier Purchase Rate Amount
12-Jul-2020 Item A Supplier A 10 70 700
3. Cash Book
A. PURCHASE RECORDING
Date Particulars Party Receipts Payments Balance
1-Jul-2020 Opening Balance 2,000
12-Jul-2020 Purchase Payments Supplier A 700 1,300
10. Date Particulars Party Receipts Payments Balance
1-Jul-2020 Opening 2,000
12-Jul-2020 Purchase Payments Supplier A 700 1,300
13-Jul-2020 Sales Receipts Customer A 1,000 2,300
10
B. SALES RECORDING
1. Stock Register
Date Item Particulars Purchase Sale Balance
12-Jul-2020 Item A Supplier A 10 10
13-Jul-2020 Item A Customer A 10 0
2. Sales Register
Date Item Customer Sale Rate Amount
13-Jul-2020 Item A Customer A 10 100 1,000
3. Cash Book
11. 11
C. CASH BOOK ACCOUNT
T-Account Cash Book
DR. CASH BOOK CR.
1-Jul Opening Bal 2,000
13-Jul Receipts from Customer A 1,000 12-Jul Paid to Supplier A 700
31-Jul Closing Bal 2,300
3,000 3,000
12. 12
D. PROFIT & LOSS
A SIMPLE ONE…
TOTAL SALES 1,000.00
LESS: COST OF GOODS SOLD
COST OF ITEM SOLD (700.00)
GROSS PROFIT 300.00
LESS: ADMIN EXPENSES (150.00)
NET PROFIT 150.00
Now you can easily manage your taxes…
13. 13
E. ANALYSIS
A SIMPLE ONE…
TOTAL SALES 1,000.00
GROSS PROFIT 300.00
GP MARGIN % 30%
NET PROFIT 150.00
NP MARGIN % 15%
MARGIN ROI
INVESTMENT 700.00
PROFIT 150.00
ROI % 21%
15. 15
ANSWERS…
Mark your results…
Scenario
Cash
Payments
Cash
Receipts
Stock Purchases Sales
1 You received a payment for goods you sold
2
You collected the car from your garage mechanic after it had been serviced that day
and you paid the invoice.
3 You received a telephone call from your supplier ensuring goods to be delivered.
4 You supplied 10 pcs of sports equipment to the customer.
5 The monthly telephone bill paid.
6 You paid rent.
7 You took delivery of stock which you purchased from your supplier.
8 You received a telephone call from your customer ordering goods to be sent.
9
Invoices from your suppliers for goods you have purchased would be recorded
where?
10 Receipts for items you delivered would be recorded where?
11 Deliveries to your customers would be recorded where?
12
Invoices which you have issued to your customers for items they have purchased
would be recorded where?