Recording Business Transactions: Track Your Finances Like a Pro

As a business owner, tracking your cash inflows and outflows is key to staying on top of your finances. While your bank app records transactions, manually tracking them in real time has added benefits:

• Categorize expenses properly
• Visually note outflows as they happen
• Compare spending with your set limits

The goal? To be more mindful of your business expenses.

Use a simple, free smartphone app—not complex accounting software—to log only non-direct debit expenses. Set an upper limit for spending and keep it visible on your app.

At month-end, compile your records and bank transactions for a full financial picture, helping you make better business decisions.

Want to take control of your cash flow?
Book a spot in my upcoming launchpad workshop -  Master your Money

Written by
Mrudula Muralidharan,
Founder & Finance Coach,
Million Goals