I used to work as an accountant ( hate to use the term I used to BE an accountant) and I found unless a client really know how to use the accounts programme really well, it just made my job more difficult.
If you are small then a list of income and a list of expenditure is good. Even better if you can cross reference everything to the invoices.
If you want to go one better you can have separate "bank" and "cash" columns for income and expenditure. Even better to then balance those lists with opening and closing balances which match cash and bank balances.
If you are small then a list of income and a list of expenditure is good. Even better if you can cross reference everything to the invoices.
If you want to go one better you can have separate "bank" and "cash" columns for income and expenditure. Even better to then balance those lists with opening and closing balances which match cash and bank balances.
