Improve employee work life balance

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Therefore in this article we will explain the outline of the bookkeeping, the necessity, and how to do it. What is registration? "Bookkeeping" is the work of recording sales and expenses that occur in daily transactions in a ledger. Also called "bookkeeping". The purpose of bookkeeping is to clarify the profit and loss from the contents of the book and to fix the tax amount. Under the Companies Act, companies are obliged to keep books and keep related documents, so businesses must always keep books. Terms such as sales, transportation expenses, and entertainment expenses that you often hear when working are part of the account items that are the classification items of income and expenses.

The work of classifying the transaction contents according to this account item is called journal entry. Bookkeeping can also be described as the work of recording the contents of mobile number list journal entries using account items. What does it mean to keep a record? I briefly touched on the purpose of the bookkeeping earlier, but I will explain it in more detail here. For tax returns The first is for tax purposes. The amount of tax you pay to the state is determined by your annual income. To kick in that profit, you have to accurately write down your daily trades.



If you neglect to record you will not know whe what, how much money moved. As a result, the amounts may not match when preparing financial statements, or in the worst case, guidance may be received from the tax office. Also, if you don't keep good records, you won't know which amount of the amount you paid was an expense. As a result, you may end up paying extra taxes because you will have to make it a personal expense that you could have originally deducted as expenses. To prevent this from happening, be sure to keep track of your records.  To consider improvements in management The second is to consider points for improvement in management.