Cash Accounting For Small Rural Businesses

Sound financial management, particularly around cash accounting, is essential for any small business to survive. Rural businesses often need to manage cash and VAT in a different way to their urban counterparts.

This course is an introduction to the most suitable and preferred methods of cash accountancy for small, rural businesses.

It covers all the legal requirements of handling cash and includes practical advice to help you improve the financial control you exert over your business.

You'll learn how to:

• understand why keeping financial records is important
• set up an efficient office and deal with financial documents
• identify different business banking options
• use a multi-column cashbook and carry out a bank reconciliation
• assess cash flow and forecast budgets.

How this course can help your business:

• Have more control over your business finances
• Develop cash accounting methods that suit the needs of your business
• Protect your business by adhering to the legal requirements regarding cash handling
  

Course Code: 100558BT001