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Funding a business
Benefits of checking the account records regularly
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[QUOTE="Alexandoy, post: 77766, member: 25510"] When I had my business the transactions are all recorded in a log book. It has 2 columns – one column is for the outgoing money and the other colum is for the incoming money. The total of the outgoing minus the total of incoming plus the beginning cash balance is the actual cash that should be in the coffers. My checking is usually every Friday but sometimes I check the books randomly just to be sure that I am not amiss with the cash count. It is important to keep track of the transactions to have an accurate reading of the performance of the business. [/QUOTE]
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Benefits of checking the account records regularly
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