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accounting is a comprehensive system to collect, analyze, and communicate financial information of the company. A well maintained accounting set up with capabilities of quick production of reports and summaries is an asset to any business activity in that the management is aware of the latest up to date financial.
Benefits:
mass processing of data.
Manage many heads of accounts.
Manage cash flow analysis.
Maintain accurate bank reconciliation statements, liabilities, profit and loss account and trial balance.
Generate reports for complete up to date financial information.