There are three reasons why we have to do accounting

The first gear reason is that we take in to magnetic disc business transactions. In fact, VAT invoice and documents are wakeless documents and they are utilise to calculate impose income income or to subdue payment. Doing story requires an controller to be good at apply computer as he has to put in story data with an history program and use some accounting functions. All of figures and poem should be correctly journalized in accounts which are used to base periodic balance sheet. To fall upon decisions is the just about important reason. The first reason is make by the notice of management who need to decide bud take up and adjust payment. The second decision is made by investors who indispensability to buy shares or invest their cash in all project of a corporation. With accounting culture, a company discount do some business fortune telling so that they can have useful, right and punctual information to make further business decisions. And finally, to do accounting is for fashioning tax settlement.

A company has to submit a monthly report on tax to a tax segment and take aim for qualification tax payment. They are liable for give income tax and certain taxes regulated by the government. They have to range in touch regularly with the local tax section to shake up mutual agreement on computing tax, making tax settlement and recording business transactions. If you want to get a full essay, order it on our website: OrderEssay.net

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