Section 1 - Instruction

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 community business finances organized without overwhelming you.

Engagement Message

What's your biggest bookkeeping challenge right now?

Section 2 - Practice

Type

Multiple Choice

Practice Question

You're setting up your cloud folder system for your local business. 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
Section 3 - Practice

Type

Swipe Left or Right

Practice Question

Match these local 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 supplies for your flower shop
  • Paid for lunch with a potential local supplier
  • Filled up gas tank for client home visits
  • Bought coffee while networking at chamber 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
Section 4 - Practice

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