Monthly Bookkeeping
Cashbook, debtors’ ledger, creditors’ ledger, petty cash book, purchase journal, sales journal, stock records.
Income and Expenditure Statement
Shows where your income has come from and how you have spend it. It reflects the income and expenditure for the current month and cumulatively. It
can also include the previous year’s figures
and / or budget figures.
Cash Flow Statement
Shows detail of cash generated
and used by operations, investment and financing activities during a period.
Balance Sheet
This is a summary of the assets
and liabilities of the business. It can also include the previous year’s
figures and / or budget figures.
Key Performance Indicators
Helps to give the owners an idea of
how the business is doing and relevant info like how many days it takes for the
debtors to pay.
