The 6 indisputable advantages of carrying out accounting in the cloud
Posted: Sun Dec 22, 2024 10:13 am
Today we are going to talk about accounting and the benefits of integrating a cloud accounting program for your business.
Whether you are self-employed or an SME, online accounting applications will offer you a series of fundamental advantages that you should take into account.
What is accounting?
Accounting is the process by which you record all the financial transactions of your business. Its purpose is to help you know where philippines phone number list everything your company owns came from, where it went, and how much is left.
Through accounting you will have an accurate picture of the economic and financial situation of the company.
Obligation to keep accounting records
Those required to keep accounting records are:
Legal entities (limited companies, corporations, cooperatives, etc.)
Individuals (self-employed) if they are under the normal direct estimate regime
The mission of accounting is not only to have all the necessary information to make the right decisions, there is a legal obligation to the Treasury to present your accounts and comply with your tax obligations and, be careful! If you do not comply with this obligation, you may find yourself with possible sanctions for not presenting your annual accounts.
Whether you are self-employed or an SME, online accounting applications will offer you a series of fundamental advantages that you should take into account.
What is accounting?
Accounting is the process by which you record all the financial transactions of your business. Its purpose is to help you know where philippines phone number list everything your company owns came from, where it went, and how much is left.
Through accounting you will have an accurate picture of the economic and financial situation of the company.
Obligation to keep accounting records
Those required to keep accounting records are:
Legal entities (limited companies, corporations, cooperatives, etc.)
Individuals (self-employed) if they are under the normal direct estimate regime
The mission of accounting is not only to have all the necessary information to make the right decisions, there is a legal obligation to the Treasury to present your accounts and comply with your tax obligations and, be careful! If you do not comply with this obligation, you may find yourself with possible sanctions for not presenting your annual accounts.