By creating an NBFC, it can become one of the applicants for the banking license as they are still interested to start banking services. There are about 50 transactions a month with half of them related to inventory purchases. The financial statements must be prepared in accordance with General Accounting Principles for Small and Medium-sized Entities.
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And with our accounting software, we get really efficient at it (which keeps your costs lower, too). Using Accounts Payable as a type of clearing account can be one way of implementing a good internal control procedure. 2. With the help of Bookkeeping Services tools and techniques, the Computerized Bookkeeping Services Specialist records financial transactions of a business (book keeping and journal), classifies business transactions (ledgers) and calculates profit and loss over a period of time utilizing the computerized Bookkeeping Services system of an organization.
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