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Essential Considerations for Effective Business Bookkeeping
Key points to consider while maintaining books of Business

30 Aug, 2023

By Vidhu

1532 Likes

Key points to consider while maintaining books of Business

  • Invoicing-Invoicing is one of the most crucial functions for a business. It allows businesses to track sales, revenue, and cash flow.
  • Bills & Expenses Tracking- Tracking of expenses on timely basis can help the management to take decisions wisely.
  • Employee time & Expense Tracking- It is very essential to track time as well as billable expenses incurred by employees or subcontractors.
  • Online Payments- As a business owner, it is essential to manage a regular positive cash flow.
  • Payroll- Payroll processing is an important function for any business. The payroll add-on calculates payroll automatically as often as you want.

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