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Why Record Keeping is important

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Course introduction

Keeping records and learning how to write business ledgers are important for your business, and personal financial management. It might seem difficult (and unnecessary), but basic record keeping is central to your financial success. In this module, you will learn some of the key terms in record keeping, and see how you can start your own ledger for your personal expenses or to track your business. It gets easier over time!

Course objectives

By the end of this course you will be able to:

  • Define inventory, profit, cash flow
  • Understand the benefits of record keeping
  • Maintain a daily ledger for personal and/or business finances

Skills developed

  • Record keeping   Beginner
  • Pricing, price management   Beginner
  • Course modules

    Module 1
    Record Keeping

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