Here are just 5 reasons:
- You can make better business decisions – It’s very difficult to make smart decisions if you don’t have good records to base those decisions on.
- You can compare one year to another – How would you know if you are doing better or worse for that matter?
- You can better serve your customers and suppliers – providing invoices, estimates or proposals early is vital to gaining customers. Knowing what you owe a vendor before they bill you catches errors.
- It makes it easier to get a bank loan – don’t wait until you need a bank loan to improve your accounting.
You and your accountant can timely monitor your tax position so you can strategize to SAVE money.