Careful records are
just as important
for the self employed person as for larger studios that may
be incorporated.
Tax preparation at year's end and comparison
studies may help to see just how your studio operates. Success
is not necessary related to monetary income; however, it is vital
that the teacher operates the studio with financial discipline.
Some
areas maybe overlooked. TS5 makes these records easy to keep and access as
necessary to make accurate financial projections and decisions based
on sound information.
Four
reports are included in this section:
-
Student
Bill
-
Transaction
Register
-
Student
Account Detail
-
Tuition
Summary
First
in the discussion, is the Student Bill.