I was once a stay at home mom (SAHM) as daycare is too expensive. Then turned into a work at home mom (WAHM) as we needed additional money! Being a WAHM was great and worked for a while until my husband was displaced from his job after 8 years. So, now I work outside of the home. Check out the pages to see what I do!
Sunday, October 28, 2012
Record Keeping...
I know how to balance a checkbook. I'm kind of clueless on the "easiest" and "best" way of keeping record of my finances when it comes to my business.
I have several items I have to purchase and there is no set time frame of reorders on those products like a restaurant may have.
I have several places that I get those items as I've shopped around to find the best price.
I accept several forms of payment; check, electronic and cash.
How do you keep track of the money you have coming in and the money you have going out?
Do you use a spreadsheet? A program? Maybe you keep a handwritten ledger?
What kind of work do you do? What categories do you have for where your money goes when going out?
Do you do an overview weekly? monthly?
If you have any tips or tricks on how you keep track that you would not mind sharing, I would be grateful and appreciate them all.
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