19/02/2015
Good evening.
Have you been properly keeping your books of accounts? Below are some of the advantages that come along with this healthy practice:
i) They give you information about your business performance & position.
ii) They enable you make comparisons between current and previous performance.
iii) They are helpful in tax assessment.
iv) Helps in establishing the value and goodwill of the business in the case of sale or retirement of a partner.
v) Helpful when you are seeking financing through banks.
vi) Properly kept books not only check errors & frauds but also minimizes them by a very large extent.
vii) Can be used in a court of law as proof of matters.
If you do not keep these records, you need not worry about this. We offer these and more accounting and taxation services. Kindly inbox if you need this.
