Be it a small business unit or a multinational company, accounting is one thing, which is equally important to both of them. Accurate Accounting not only helps you to evaluate your profit and loss but also determines the futuristic direction of the company's growth chart. Therefore ignoring Accounting may be the biggest mistake a business unit can make.
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I am the owner of a small lending company in Australia. My problems are usually getting my clients to pay their due debts. Sometimes, I could not go to their place to ask for their payments because...