In every business that is run, of course, has income and expenses that are part of the business transaction.
Ideally, every financial transaction has evidence as a basis for recording.
When a new business starts, it is generally the owner who records all transactions.
But along with the development of the business, often the owner does not have time to take notes.
In other words, the recording of transactions often becomes disorganized, so that it will sometimes be difficult for the owner to analyze the progress of the business being undertaken.
The owner can recruit people who specifically assist the owner in taking notes.
What needs to be noted as a basis for business analysis.
Are our efforts going forward?
Which costs need to be reduced?
How much is our business income this month?
Here are 4 important things to record the business transaction activities that you should do:
1. Sales Notes
In general, every time we make a sales transaction, we must make a memorandum / receipt.
Try to keep the sales memorandum recorded again every day in the sales book.
This note is useful for you to find out how many sales are today, monthly, annual business sales trends, what products are most interested.
2. Expense Record
Expenditures can be divided into 2 main components, namely direct and indirect expenditure.
Direct expenditure is expenditure directly related to sales.
For example: The cost of purchasing merchandise, if our business sells bottled drinks (water, soda, tea, coffee), the cost of purchasing bottled drinks is the direct cost.
Examples of indirect expenses are the costs of salaries, electricity, water (which does not directly affect sales).
This note is useful for you to find out how much money you have allocated for certain costs, so that it helps you be able to analyze whether the costs incurred are efficient enough, whether costs can still be pressed again.
3. Asset Purchase Notes
These records are often confused with recording costs. It is often found that business owners cannot distinguish between those classified as assets and those that are classified as costs.
The definition of assets is simply an object / equipment used for business activities and its age is more than 1 year, for example if our business services are photocopying, then our assets are photocopy machines, binding machines.
4. Stock / Inventory records
Business actors engaged in trading business, should have stock or inventory records.
This is very important to do so that we can know for certain what our inventory is still there, which will be exhausted, which goods are faster turnaround.
For example, if you sell grocery products, and we do not have inventory records, if there are buyers who ask, then we will find it difficult to find them.
It's easy, just use the stock book that we use when goods arrive and we reduce the stock when there is a sale.
Now, if I ask how many of your current stock are ready in the warehouse, can you answer them immediately?
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