Simple Book-keeping

3. Non-sales Income

3.1 From time to time your business will have other income apart from sales. This might include:

• New loans or grants.
• Interest on your deposit account.
• Equipment disposals.
• Tax refunds.

3.2 You will not receive invoices for all of these, but they will appear on your bank statement.

• Every month enter details of these exceptional transactions in the Cash Book below the entries for money received from sales.