Accounting and bookkeeping are vital for your business. Maintaining accurate records of your business accounts and transactions provides reliable information for decision-making. It’s also a financial and legal necessity as your bookkeeping records allow you to create financial statements that stakeholders use to make decisions. Your income and expenses must be properly organized so you […] Source: https://hugecount.com/business/important-elements-of-accounting-and-bookkeeping-and-how-outsourcing-can-help/