By now you no doubt have realized that accounting is not a one-off thing but a continuous process one must do on regular basis \u2013 normally more than once a day.\u00a0<\/p>\n
As it\u2019s a ever continuing process you\u2019ve got to make sure that you\u2019ve got your internal accounting rules all written down, updated and in reach if needed<\/strong>. You should always consult your own rules when in doubt \u2013 your accounting should be accurate and compliant.<\/p>\n Make sure you list down the entries that need to be done in your books<\/strong> \u2013 sales, expenses, taxes, payroll, bank charges etc. \u2013 and add when and how often they should be done. For an example payroll calculation is normally something you either do on monthly or weekly basis whereas expenses and sales occur on daily basis normally.<\/p>\n Doing those two things ensures you\u2019ve got your accounting all set to happen continuously. Well, you still have to find time for it, but then it\u2019s the importance of accounting I\u2019d remind you so you should find time for it. It\u2019s like with everything else in life \u2013 schedule for it and you\u2019ll find time.<\/p>\n","protected":false},"excerpt":{"rendered":" By now you no doubt have realized that accounting is not a one-off thing but a continuous process one must do on regular basis \u2013 normally more than once a day.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,74],"tags":[],"class_list":["post-3795","post","type-post","status-publish","format-standard","hentry","category-2-processes","category-2-7-accounting-in-itself"],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/3795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/comments?post=3795"}],"version-history":[{"count":2,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/3795\/revisions"}],"predecessor-version":[{"id":3799,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/3795\/revisions\/3799"}],"wp:attachment":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/media?parent=3795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/categories?post=3795"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/tags?post=3795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}