PROCESS & DOCUMENTS
You wouldn't know how much money your company made if you didn't keep track of it. You can easily forget how much money you spent. And you won't remember how your present profit or loss compares to previous quarters.
Which consumers have yet to pay you? What debts have you not yet paid? You (should) know exactly how much your accounts receivable and payable are if you use accrual accounting.
Accounting, in a nutshell, shows you exactly what your company has been up to in terms of finances. It keeps you organized so you can fill out your tax return correctly and lawfully.
This department is commonly unseen by the public but very important in transactions and the processing of orders. They show you exactly what our business has been up to when it comes to finances. It keeps us organized so we can accurately and legally fill out the tax return. They help guide the decisions you make so you avoid common business mistakes like overspending, underspending, plateauing
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