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Showing posts from August, 2019

Things to consider before you outsource your financial & Accounting to an Agency

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Finance and accounting are the two important pillars of business. These two aspects are key to survival strategy of any business in a competitive landscape. On the basic level finance and accounting mean different but they are interlinked to each other. Accounting is about management of daily cash transaction in a company whereas finance is broader term. Finance refers to the large-scale management of business capital, assets and liabilities. It also means to chalk out the future money tactics to enhance growth. The roles of finance management and accounting are very important to manage overall business process and channelize capital investment in the proper path to get greater returns on investment (ROI).  Bookkeeping service provider   in Mumbai  city help to maintain company’s ledger book that serves as a ready reckoner for calculating profit earned, the amount of capital required and calculating tax returns on annual company turnover. Every business owner will vouch t