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  • admin

    You are welcome to post your accounting questions here.

  • http://www.facebook.com/profile.php?id=100003444927240 Ibhie

    It seems to me that all you need is an account of money cmoing in and money going out and I assume no one in the group has any accounting experience. The simplest method is to open a book (A4 size should do), on the left hand page have columns for date, details, amount, and total. On this side record all money cmoing into the account. On the right hand page have the same columns but record all money going out. At the end of each month deduct the outgoing funds from the incoming and that will give you a total to carry forward to the income side of the next months page. Always use a new page to start a new month.