Accounting for dummies
The challenge is for girls between the ages of 13 and 18 to set up a simple accounting system for their business
List of required equipment
Paper and pen
Computer/laptop/tablet
What can I learn from this? (outcomes)
By completing this activity, the girls will be able to:
Identify all costs related to the business
Identify all revenues related to the business
Set up a simple, basic accounting sheet as start of the business
How can I do this activity? Steps
Accounting Toolkit activity: read the activity thoroughly. Make sure you have all relevant data that is needed to fill the excel sheet
Excel sheet: fill in as much of excel sheet as you can based on the information you have on hand
Exercise: complete the exercise on the excel sheet.
Reflection: reflect on the conclusions of your excel sheet.
Reflection tips
What is difficult for me to understand? How did I find filling in the excel sheet? How can I make it easier for me to understand?
Exercise:
You own a company that prints shirts. You receive invoices that you need to pay and you send invoices to your customers that they have to pay to you. Your cost items are your website, the rent of your office, coffee and tea, printer maintenance, etc. Place the given invoices in the attached Excel file and make sure that they are properly placed and that the correct VAT/VAT percentage is used. Find out from the figures entered whether it has cost you money or whether you have made money.
Anexes
Empty Excel template (english)
Excel template completed (english)
Empty Excel template (spanish)
Excel template completed (spanish)
Empty Excel template (croatian)
Excel template completed (croatian)
Excel template completed (dutch)