30
Dec
2017
Bookkeeping – As the name suggests, it is nothing but the maintaining of the financial records of the company. It is considered as one of the most important things about running the business. This is because, bookkeeping provides a lot of data. This data can be used later on to deduce financial forecasts and business models. During audit also, this data that is obtained because of bookkeeping will come handy. As a company, the financial data needs to be provided to a lot of people – like the stakeholders, customers, investors and clients. This financial data comes from appropriate and up-to-date bookkeeping.
The book in which all this financial data is maintained is called the ‘day-book’ and the person who does this job is called...
The book in which all this financial data is maintained is called the ‘day-book’ and the person who does this job is called...