Managing money day to day: cash, purchases, pay, receipts, with your own figures
Many farms make money on paper and never see the colour of it: it goes in small expenses without a receipt, in advances never deducted, in a cash box mixed with the household's. Money is managed like feed: with a sheet, a responsible person, a cross-check and an inventory. This lesson gives the rules of the cash box, the chain of papers of a purchase and a sale, pay on a fixed date, the flock budget week by week, and the weekly check. No amount is written here: the methods are fixed, the figures are yours.
13 min read · 5-question quiz at the end
By Abdul Hussein ChoumanFounder of NEXTEKCI · Agnibilékrou hatchery since 2006This lesson is part of Level 13 — Organising the farm: staff, procedures, planning. It opens to registered students who have passed the level 12 exam. Levels 1 to 5 and the tracks remain readable by everyone.
- ✓Keep a cash box with a cash book, a responsible person, a ceiling and a weekly check
- ✓Require and file a supporting document for every movement of money, and reconcile order, delivery and invoice before paying
- ✓Organise pay on a fixed date, with a simple pay slip, bonuses calculated in front of the person and controlled advances
- ✓Build a flock budget week by week, with your own figures, and read the gap between planned and actual