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In this episode, you will learn why check spread templates are useful in organizing your business transactions. Utilizing a check spread template will hold you accountable by enabling you to record the date of a transaction, record the purpose of a transaction, and record the category a transaction falls under. This will allow you to create financial statements to give to your bank and your CPA. Check spread templates allow you to see how money flows in your business by giving you the ability to see whether you made money from month to month. This template shows how you generated income. It shows where the income came from and how often it comes in. It also will show you why the income is leaving your bank account. This will allow you to create a realistic budget for your business.
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In this episode, you will learn why check spread templates are useful in organizing your business transactions. Utilizing a check spread template will hold you accountable by enabling you to record the date of a transaction, record the purpose of a transaction, and record the category a transaction falls under. This will allow you to create financial statements to give to your bank and your CPA. Check spread templates allow you to see how money flows in your business by giving you the ability to see whether you made money from month to month. This template shows how you generated income. It shows where the income came from and how often it comes in. It also will show you why the income is leaving your bank account. This will allow you to create a realistic budget for your business.