Mobile cash book 1.0: A convenient way of documenting business transactions for small business owners / Yvonne Joseph Ason ... [et al.]

A good record-keeping practice is crucial for any size of business organization in order to maintain structured, complete and up-to-date accounting records for the business. It aids in better financial planning and management for the business. However, most small business owners fail to maintain accurate books of accounts since it is not a compulsory practice for them, at least, not required by the law. Consequently, it is challenging for small business owners to monitor their financial health and development as well as secure outside funding for the purpose of expanding the business. In Malaysia, most new businesses failed within the first three years of their operation mainly due to failure in keeping good records of their business transactions which has led to poor tracking of business performance. This project was initiated to provide an easy mechanism for small business owners to record their business transactions whenever the transaction takes place. Mobile Cash Book 1.0 is a convenient and friendly application, designed specifically for small traders to assist them in documenting their business transactions. Using two features from Google which are Google Form and Form Publisher, Mobile Cash Book 1.0 can be used by the user to record simple revenue and expenses transactions. A report in PDF format will be generated and sent directly to the respondent’s email. This initiative is hoped to promote better recrecord-keepingong the small business owners for the benefit of their businesses in the long run.