Accounting is the backbone of any Organization whether it is a small entity or a big organization. It facilitates the Owners of the business to track their Income and expenditure, record their day to day income and expenses, ascertain the profitability of their ventures. It also helps in the financial compliances of the business.
Advantages of Accounting
Accounting and Book Keeping
- PAN of the Business
- Detail of the Bank accounts along with the explanation of the entries in the bank statements
- Details of the Sales and Purchase Invoices
- Details of the Cash expenditure
- Details of the Expenses incurred