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How to balance your books and keep good records for POS businesses
THE COURSE
INTRODUCTION (3:31)
GENERAL OVERVIEW OF POS BUSINESSES (3:35)
THE TOOLS WE WILL BE USING TO KEEP THE BOOKS (10:11)
ACCOUNTING FOR DAILY OPENING BALANCE (3:19)
ACCOUNTING FOR THE VARIOUS TRANSACTIONS OF THE DAY (11:04)
BALANCING & CLOSING THE DAY (2:30)
ACCOUNTING FOR EXPENSES (3:04)
CALCULATING YOUR DAILY PROFIT (4:45)
CALCULATING YOUR MONTHLY PROFIT (2:06)
COMMON MISTAKES TO AVOID IN YOUR POS BUSINESS (6:33)
TIPS TO GROW YOUR POS BUSINESS (7:00)
ACCOUNTING FOR EXPENSES
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