Money and accounts
Separate accounts, separate ledgers
Cash, bank, bKash, Nagad — as many as you need. Choose where the money landed when you take a payment and the rest follows.
- Transfers between accounts
- A statement per account
- Close the day by counting cash against the figure
Cheques
Cheques given and received, with dates. It reminds you before the date, so a bounced or forgotten cheque is less likely.
Expenses
Rent, electricity, staff costs — make your own heads. The ones that repeat every month can be set up once instead of written again.
Questions
- What if the owner takes money out?
- It can be recorded separately, so the business's profit figure stays honest.
- What about borrowing and lending?
- Lenders and borrowers are kept separately, each with their own ledger.