Let us create a 3D eBook for you!
Let us create a 3d Digital eBook for you! DigyCat.com

Bookkeeping Techniques For Morons


Please don't think I am calling you a "moron" to hurt your feelings in any way. I was a moron when I first started setting up my files. You have to force yourself to do it NOW -- right at the beginning! Many of a business has collapsed simply because they lacked organization in their basic accounting business practices. Don't be one of them!

As a small business you don't have to really do much in the beginning. Here is how to set up your files from ground zero:

1. Take out a hanging file folder and a label of any kind. (Hanging folders and labels for them can be purchased at K-Mart, Wal-Mart and any office supply store.)

2. Type or hand print "Receipts" on the label and place it on the hanging folder.

3. Now, place 5 MANILA file folders inside the hanging file folder (which you labeled "Receipts") and label each of the manila file folders with the following headings:

a. Advertising
b. Postage
c. Office Supplies
d. Utilities and Rent for the Office
e. Miscellaneous

You now have one large hanging file folder with 5 separate manila file folders inside it. Carefully place your hanging file folder in your metal file cabinet or cardboard banker's box. (A banker's box can be purchased at any office supply store also and normally cost around $4.)

Now, wasn't that easy? Some of you reading this will think that I am attempting to insult your intelligence. This is NOT my intention. This report is broken down in a simple, step-by-step way so everybody can understand it -- regardless of their previous knowledge and experience. Remember, some people have never worked in an office their entire life. What seems simple and accepted to some of us, may be something another person would never have known.

Okay, let's go back to where we were. You now have one master file completed and we're ready to make another just like it. This time we'll name the hanging file folder "Income" and label 3 manila folders inside it with the following headings: a. Completed and Shipped Orders b. Inquiries and Correspondence c. Open Orders Still Pending

See how easy? From now on, you simply make another folder as the need arrives and you're files will always be easy to maintain. (Once you get this concept down pat -- you can easily think about getting a computer. A computer organizes its information in the SAME manner. Believe me -- this same system works! You'll be amazed at how many mistakes it will help you prevent.)

Yes -- bookkeeping is a very simple process. All you have to do is keep the system going. For instance, every order that I process, I completely finish before moving on to the next order. Example:

1. Mail is received and opened. As each piece is opened it is placed into individual piles. Orders with pre-payment are placed in one pile, information and daily correspondence in another, and so forth.

2. Each order that has been pre-paid for is processed first -- with each one being processed individually to completion. (That means it is in an envelope, a label typed out and the completed order is ready to be mailed at the post office.)

3. During the process, the "date," "amount of check or payment" and "product ordered" is recorded on the outside of the envelope -- making sure the customer's full name, address and telephone number (if available) is on the envelope too.

4. Just before closing up the office for the evening, the envelopes are then keyed into the database on our computer (you can substitute a computer for the hanging files in the beginning.) We record all the information that was written on the envelopes during the processing of the order. (Don't think you will remember "what" the order was. That thinking will open you up to make human errors.)

If you operate an Internet business, you are going to use computer and email a lot. You need do following:

1. Create different folder in your computer, name it with different resources: marketing, search engine tools, articles and tips, ebooks, ezine lists, picture files...

2. Create folders in your email account, you can save useful emails for different purpose: training, sales, purchase receipt, new customers, prospects... As your business grows, your understanding and abilities will grow also. At that time you can grow into a more sophisticated means of keeping the books.

In the meantime -- keep good records. They are the lifeblood of any business and can eventually make or break you. You'll thank yourself in the long run.

---------------------------------------------------------
Julia Tang publishes Smart Online Business Tips, a fresh
and informative newsletter dedicated to supporting people
like you! To find out the best online business opportunities,
and to discover hundreds more proven and practical internet
marketing secrets, plus FREE internet marketing products
worth over $200, visit: http://www.best-internet-businesses.com
----------------------------------------------------------

Note: Feel free to publish it with the resource box and content unchanged


MORE RESOURCES:

Top 10 Tips - Google News

This RSS feed URL is deprecated

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Top 10 shopping tips for Christmas - Sunday Business Post


Sunday Business Post

Top 10 shopping tips for Christmas
Sunday Business Post
Top 10 shopping tips for Christmas. Paul Merriman. By Paul Merriman Dec 17, 2017. Share this article: Top 10 shopping tips for Christmas. Financial planner Paul Merriman shares how to get through the holiday season without courting financial ruin. Paul ...

and more »

Our 10 top tips on winter safety - Peterborough Telegraph


Peterborough Telegraph

Our 10 top tips on winter safety
Peterborough Telegraph
F or us folk here in Peterborough, it seems that the past weekend has left us all a little unprepared for the white stuff that fell heavily during the early hours of Sunday morning, writes Peterborough Cats Protection spokeswoman Sheridan Gaunt. The ...

and more »

Top 10 Dating Trends and Tips of 2017 - Maxim - Maxim


Maxim

Top 10 Dating Trends and Tips of 2017 - Maxim
Maxim
Data from over 40 million online dating profiles revealed the biggest dating trends of the year.

and more »

Top 10 tips to quit smoking - Sampan


Sampan

Top 10 tips to quit smoking
Sampan
Do you want to breathe easier? Be around longer for your family? Save money? Whatever gets you fired up, write it down. A strong reason can get you started. And it will help you stay quit when you're tempted to smoke. Make a plan. Think about what ...

Tame your computer - Best of 2017: top 10 tips - Cambridge Network


Tame your computer - Best of 2017: top 10 tips
Cambridge Network
Tame your computer - Best of 2017: top 10 tips. 15/12/2017. public/news/thumbnail_1roem-tip-time-logo.png. In her regular series for Cambridge Network members, software training expert Karen Roem offers handy tips to help you 'Tame your computer'. This ...

Top 10 Tips on starting with Intelligent Automation - SSONetwork News


Top 10 Tips on starting with Intelligent Automation
SSONetwork News
If you have your sights set on the top end of the continuum, then it's important to build the right team around you. In order to set yourself up for the best outcome, it's advisable to establish working teams that combine multiple skill sets, including ...

10 of the best places to visit in Malaysia: readers' travel tips - The Guardian


The Guardian

10 of the best places to visit in Malaysia: readers' travel tips
The Guardian
The Mossy Forest of the Cameron Highlands offers the chance to get among gnarled, moss-covered trees, exotic plants, orchids and extraordinary wildlife. Near a low mountain called Gunung Brinchang, there is 150 metres of wooden boardwalk with platforms ...

Tips for nailing your top 10 from the first Hottest 100 voters - ABC Online


Tips for nailing your top 10 from the first Hottest 100 voters
ABC Online
To kick it all off we spun last year's number one, Flume's 'Never Be Like You', before voting officially began at 8am. At 8:04 am we called the first person to get their top 10 in, Matt from Wanneroo in Western Australia. Matt had his list ready to go ...

Top 10 tips for a crime-free festive season - Comaro Chronicle


Comaro Chronicle

Top 10 tips for a crime-free festive season
Comaro Chronicle
Top 10 tips for a crime-free festive season. Getting things in order ahead of the festive season is the best way to avoid the last-minute rush and resulting mishaps. 14 hours ago. ADVICE: Stuart Clarkson, managing executive for Fidelity ADT. EVERY year ...

LargeFriends.com - the best dating site for plus-sized singles!
SuccessfulMatchCentral.com - the best dating site for plus-sized singles!

PreLaunchX

YourFree.biz Domain Is For Sale - $5,000 For Enquiries eMail Us

© www.YourFree.biz 2012

home | site map | links