As a microenterprise owner, you could have difficulty in managing the flow of funds to your business. Because there are many payment receipts, bills, and invoices that you have to manage yourself. Certainly, this will be tiring, but in any case, you must still manage all the evidence of the transaction. That way, when the end of the year, you will feel relieved and satisfied because you have made sales on a regular basis, so you just need to settle the tax matters. The good news is, even if you don’t recruit special staff to manage your cash flow, you can still monitor your business, by following these easy ways.

  1. Make an organized system
    When you have to spend money, you have to make sure in advance what your goals are. Try to make the report as detailed as possible, for example when you want to hold a promotion. Write down what your target is and how much potential profit you can achieve. With a system like this, you will find it easier to record the cashflow in your store.
  2. Make sure you have data in a digital version
    The payment receipt is not permanent because in a few months, the ink on the proof of payment can fade. Not to mention if something happens that makes the payment receipt damaged or lost. Luckily, you can now use Cashlez which features a sales report and e-receipt feature so that all sales data can be safely stored.
  3. Distinguish personal and business interests
    Do you use a special credit card for business? If yes, then that means you have anticipated that your business expenses are not mixed with personal matters. But actually, this isn’t enough because you also need to look at your purchase records in detail. So, do not ever skipp the transactions you had made!
  4. Required or not, just save everything
    No matter what type of transaction you do, you need to keep everything. This will make you pile up a lot of paper proof of payment and other accounting documents. But believe it or not, sometimes the things that we think are not important for now can be useful later on.

The more regular accounting in your place of business, the easier it is for you to manage your business. Not only that, you can also spend more time to focus on other interests.

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