Cash Accounting for the Small Rural Business

An important skill for any small business to survive is sound financial management, in particular cash accounting. Rural businesses often need to manage cash and VAT in a different way to their urban counterparts. Cash Accounting for the Small Rural Business 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. Who is the course for? Cash Accounting for the Small Rural Business is most suitable for people starting their own small rural business venture, or those who want to improve the running of their existing business. If you are already trading but leave your financial recording to an accountant or bookkeeper, this course will give you the skills you need to manage the financial recording for your business in-house. No prior experience in this area is needed to benefit from the course. The easy to follow, step-by-step format of this course means users can work at their own pace, making it ideal for anyone who is new to cash accounting. What will you get from this course?
When you have completed this course, you will be able 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.