{"id":3822,"date":"2013-01-11T08:11:20","date_gmt":"2013-01-11T06:11:20","guid":{"rendered":"http:\/\/www.officetodo.com\/public\/?p=3822"},"modified":"2013-01-06T08:12:10","modified_gmt":"2013-01-06T06:12:10","slug":"one-ground-principle-you-must-never-forget","status":"publish","type":"post","link":"https:\/\/www.officetodo.com\/public\/one-ground-principle-you-must-never-forget\/","title":{"rendered":"One ground principle you must never forget"},"content":{"rendered":"<p>There\u2019s no excuse for this and what\u2019s even more, you\u2019ve got to retain those documents for 5 or so years, depending on your local legislation. Yes. If there\u2019s no source document for an expense than how did you know the amount to account for? Or to which account it should go to \u2013 is it really rent? I know that keeping source documents is something we\u2019ve discussed over and over again, but it\u2019s really important.<\/p>\n<p>It\u2019s important and yet it\u2019s neglected and not considered as one at the spot but considerably regretted later on. Trust me on this. Keeping things on track with having source documents for each entry, referencing them properly to the entry itself and storing those documents whether physically or electronically in the end makes your life a lot easier.<\/p>\n<p>So please keep this one rule in mind \u2013 have source documents for each entry. For each entry in your accounting make sure it states the sums the entry is made in, the reason for the entry or what the entry is about and most importantly that it\u2019s also referenced to the entry (i.e. the entry has the same document number than the source document carries).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s no excuse for this and what\u2019s even more, you\u2019ve got to retain those documents for 5 or so years, depending on your local legislation. Yes. If there\u2019s no source document for an expense than how did you know the amount to account for? Or to which account it should go to \u2013 is it [&hellip;]<\/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-3822","post","type-post","status-publish","format-standard","hentry","category-2-processes","category-2-7-accounting-in-itself"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/3822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/comments?post=3822"}],"version-history":[{"count":1,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/3822\/revisions"}],"predecessor-version":[{"id":3823,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/3822\/revisions\/3823"}],"wp:attachment":[{"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/media?parent=3822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/categories?post=3822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/tags?post=3822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}