Introducing
Your new presentation assistant.
Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.
Trending searches
MENTOR BOOKKEEPING
Importance:
BOOKKEEPING IMPORTANCE
1.Plan for Major Expenses.
2.Track Expenses.
3.Keep track of invoice dates and amounts.
4.Tax preparation.
5.Cash flow.
6.Leave an Audit Trail.
7.Educate Yourself.
8.Know when to get external help.
9.think about your project plan
Basic Cycle of Bookkeeping
"Bookkeeping is the process of recording and organizing financial in a regular basis"
Benefits:
Outcome of good bookkeeping:
-increase accuracy
-save valuable time
-access data
-focused work staff
-save cost
-scalability
There are two basic goals in bookkeeping. Keeping track of your income and expenses so that you improve your chances of making a profit. Collecting the financial information so that you can file all the necessary tax returns to the federal, state and local taxing authorities.