You've learned the digital shoebox method for simple bookkeeping. Now let's practice implementing this system and avoiding common mistakes that can mess up your financial tracking.
The goal is building habits that keep your finances organized without overwhelming you.
Engagement Message
What's your biggest bookkeeping challenge right now?
Type
Multiple Choice
Practice Question
You're setting up your cloud folder system. What's the best way to organize your business receipts?
A. One big folder called "All Business Receipts" B. Separate folders for each month: "2024-01-January", "2024-02-February" C. Folders by expense type: "Gas", "Office Supplies", "Meals" D. Weekly folders: "Week 1", "Week 2", "Week 3"
Suggested Answers
- A
- B - Correct
- C
- D
Type
Swipe Left or Right
Practice Question
Match these business activities with the correct tracking approach:
Labels
- Left Label: Take Photo Right Away
- Right Label: Add to Weekly Summary
Left Label Items
- Just bought office supplies at the store
- Paid for client lunch with credit card
- Filled up gas tank for business trip
- Bought coffee for a business meeting
Right Label Items
- Calculating total income for this week
- Recording total expenses for the past 7 days
- Figuring out profit for the week
- Reviewing overall weekly financial performance
Type
Fill In The Blanks
