Accounting Mistakes done by Pvt Ltd Company Registration
For any new company registration or new Pvt Ltd Company Registration, their long term growth depends on how they manage their Accounts at this stage. And no, we are not stretching by suggesting so and we are speaking this with full responsibility. To grow big. Company registration needs fund which is next to impossible if your accounting is not upto the mark. Some of the common accounting and bookkeeping mistakes made by owners of new company registration are: Show Lesser Revenue than actual to save GST: We have seen many entrepreneur who show lesser revenue as they want to save on GST Return. Well, never be pound foolish and penny wise. Never show lesser revenue than actual as Revenue clocked by your company registration is actually the most important thing which anyone sees about your company. Not building Assets when possible: If you are buying a TV or a Laptop or a Car which will be sued for your Company purpose, book the same as Assets for your company registration. Eve...