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5 tips to successfully start the new accounting year

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PCS Global group
5 tips to successfully start the new accounting year

A new year is about to begin, for many it has been difficult to get ahead of this 2022, one of the lessons that the coronavirus pandemic leaves us is the importance of having clear finances for the unforeseen, for this reason we want to give you 5 tips to successfully start the new accounting year .

Relevant dates of the new accounting year

Take into account the relevant dates to successfully start the new accounting year , close your operations, keep your invoices updated, check your tax mailbox, do not leave until tomorrow what you can do today. The income statement of your company or business must be up to date to avoid problems with the SAT. You must be aware of the 2021 calendar to avoid paying fines and surcharges.

Make technology an ally

The new accounting technologies allow you to control income and expenses with great ease and transparency; this helps you generate invoices more quickly, present monthly, semi-annual and annual statements in a timely manner; likewise, you will be able to manage collection and purchases more quickly and accurately.

Banking is better

So that all your operations are registered and are transparent for you and for the SAT, it is best that all your transactions are bank, you will know the origin and destination of your capital; an extra benefit is the refund of VAT when this applies.

Hire an accountant

There is no better ally than an expert on the subject, which is why it is invaluable to hire an accountant capable of handling your accounting and paying taxes, as well as seeking to grow the income of your company or business by your side. If you are a natural person, a good accountant can teach you how to avoid capital flight.

Strata Accounting Consultants in Australia

Accounting Book Keeping Outsourcing Services Melbourne

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