Keep the book balanced, then read it without a second tally.

1. 1

   Open SmSt Finances and choose the currency the shop trades in.

2. 2

   Set the tax rule, the discount rule and any payment fee.

3. 3

   Review the chart of accounts and rename what your shop calls each line.

4. 4

   Enter the opening balances for cash, bank, stock and any loan.

5. 5

   Post the opening entry and check that the book balances.

8 minute read

1. 1

   Open the money book and choose New entry.

2. 2

   Choose income or expense and the account it belongs to.

3. 3

   Enter the amount, the date and the payment method.

4. 4

   Add the tax or the discount if the entry carries one.

5. 5

   Write a short note so the entry explains itself later.

6. 6

   Post the entry and confirm the new balance.

5 minute read

1. 1

   Open the owner account and choose Record drawing.

2. 2

   Enter the amount, the date and where the money went.

3. 3

   Keep the drawing out of the expense accounts.

4. 4

   Check the tax rule on the entries that carry tax.

5. 5

   Read the owner statement before the end of the month.

6 minute read

1. 1

   Open Statements and choose the period you want to read.

2. 2

   Start with Cash to see what actually moved.

3. 3

   Open Profit and loss to see what the month earned.

4. 4

   Open the balance sheet to see what the shop owns and owes.

5. 5

   Open Budgets and compare the plan with the posted lines.

6. 6

   Export the period for your records or your accountant.

7 minute read