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The accounting monitors your money, including purchases, sales, liabilities, and payments of your business accounts. Some of the essential tasks involve bookkeeping (recording financial transactions), Creating financial reports, filing tax returns, and so on. Accountancy helps you gauge the health...

When you are starting a business all the various functions can be handled by the management as the size of the business is small, but as the business increases in size, the number of activities also increases and also get...