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

30 Aug, 2023

By Vidhu

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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.