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Published on Dec 18, 2017
Record keeping is a vital activity in the everyday operations of running a school business. Although many people find it daunting, it’s actually much simpler than you think!
In this video you will learn: 1. What record keeping is and why it is important 2. How to use a sales ledger, a purchase ledger and a cash book to keep accurate financial records 3. How to practice recordkeeping (roleplay) and how to do it for real 4. How to learn from your financial records
This video is particularly aimed at schools taking part on the Bronze and Silver Levels of the School Enterprise Challenge that are starting to learn about recordkeeping.
It will help you to complete the template for Step 3: Annual Report.