It is inevitable for all businesses to have a systemized way of keeping track of your financial records, or bookkeeping, so to speak. Bookkeeping is something that businesses should never be without because this is an organized method of keeping track of finances, to determine whether the business is indeed earning. For decades now, companies have used accounting sheets for efficient bookkeeping. However, the advent of technology has paved the way for accounting to become techie, so to speak, as well. Still, no matter how techie a company’s accounting system may be, it would still be important to keep track of this very system’s progress, to check if it is indeed aligned with corporate goals and objectives. One way to do this is to employ accounting KPI or accounting key performance indicators. This way, there would be smaller room for marginal errors here.
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