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Bookkeeping Cafeteria
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mzeekijana
#1 Posted : Thursday, January 02, 2014 9:51:49 PM
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Joined: 11/12/2010
Posts: 111
Location: MOMBASA
I started a small cafeteria mtaani. would like to know what kind of records to keep so as to know my performance either weekly, monthly Think etc
selling mandazi, chapatti,chai samosaz etc.
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Truebeauty
#2 Posted : Thursday, January 16, 2014 1:45:43 PM
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Joined: 1/16/2014
Posts: 25
Probably the basics, like the journal and the ledgers. Also a simplistec balance sheet of assets, liabilities and own equity.
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mzeekijana
#3 Posted : Thursday, January 16, 2014 10:03:51 PM
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Joined: 11/12/2010
Posts: 111
Location: MOMBASA
Truebeauty wrote:
Probably the basics, like the journal and the ledgers. Also a simplistec balance sheet of assets, liabilities and own equity.

Thanks TB ...What if i use the simple bookeeping of income and expenditure as advised by a friend.i just record my daily income and my daily expenses.. will this work without going in to the headache of ledgers and balance sheets?
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mchuuzi
#4 Posted : Friday, January 17, 2014 9:16:38 AM
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Joined: 9/6/2007
Posts: 132
You can begin with basic book keeping how much you spent how much you got .Have a receipt book to help keep track of all your sales.
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ProverB
#5 Posted : Wednesday, March 12, 2014 7:50:02 PM
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Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
mzeekijana wrote:
I started a small cafeteria mtaani. would like to know what kind of records to keep so as to know my performance either weekly, monthly Think etc
selling mandazi, chapatti,chai samosaz etc.


How's business thus far?..where are you located?
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Truebeauty
#6 Posted : Friday, May 30, 2014 1:21:39 PM
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Joined: 1/16/2014
Posts: 25
Also there is a very important aspect you need to keep tabs on called Cash flow. Or else you will just be receiving money (from sales) and paying out money (in expenses, purchasing stocks, texes, etc) over and over but not really sure whether you're really making money or going round in circles.
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