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FOCUS ON BUSINESS

For business owners the centre of interest are always on new Ideas, developing concept, to create new opportunity for their business and to increase their client base for the business .

We understand that you need focus on these areas to achieve and sustain real momentum.

But let us also explain why accounting is just as important.

SIGNIFICANCE OF ACCOUNTING

The prime factor of any business is definitely the money comes in and goes out. Maintaining accounts allows you to track this closely by recording transactions, analyse its patterns and helps you to make decision on how to increase profitability just by scrutinizing this information.

AIDS IN DECISION MAKING

Every single cent of money that comes in and goes out of business needs to be accounted. By recording this data, you can determine the permanence of your business, forecast & budget the financials accordingly and

• Make sure that you are paying your supplier on time,
• Are you receiving payment from your clients on time?
• Do you have enough cash to pay for inventories?
• Is your business making profit or suffering a loss?
• Which products or service of your business are more profitable?
• Without continuously monitoring all these details, your business are bound to struggle

You cannot run a business in a hope that it will be successful.

Once you monitor all this closely you can actually plan ahead for your business and make sure that business is not losing money or spending unnecessarily.

Accounting reports are generated after taking in to account all this factors & the report determines the health and efficiency of a business.

AVOID FRADULENT ACTIVITIES

To avoid fraudulent activity inside business its important to have good internal control, and without having proper accounting and accounting information is difficult to track all this in an efficient matter.

FINANCIAL STATEMENT.

It’s futile to receive funds from your investor or loan from the bank without showing your financial statements.

REPUTATION AND CREDIBILITY

A trustworthiness of a business is impossible to determine without their accounting and financial report. A company with proper accounting and financial report is believed to be a credible company.

FINALLY

Accounting is the heart of every business,

Maintaining an accounts can be detrimental to the success of your company it not helps you to analyse and monitor your business growth It also allows the 3 rd party involved in business such as suppliers , customer and investors to credible trust on us and last but no least it helps us to submit our accounts with government authorities such as IRAS & ACRA

Taking all this into consideration, we are committed to business owners by taking out the pain on accounting and bookkeeping matters and letting you to focus more on the core development of your business