Efficient book keeping will help you to figure

out the expenses and incomes of a business

Help you to take vital business management

decisions

Help you to save your time, effort as well as

money

Help you to evaluate your profit against

expenses

Can help you to save more on taxes

1:Confine your expenses:

2:Pay the tax related bills as

quick as possible:

3:Categorizes your expenses &

make sure that are labeled

correctly

4:Use proper accounting

methods

5:Hire a bookkeeper

6:Record every detail

6:Review with the accountant

once in a month

Ways to have control on

bookkeeping:

Make yourself aware of the

basics of bookkeeping

Every week devote some of your

hours towards bookkeeping

Engage someone from your

family to look out the work

Engage a professional bookkeeper

Give regular effort towards tax

planning

How to manage the papers ??

Plan a place to organize the files:

Categorizes the documents and keep

them separately like:

One tray for the random things like memos, printouts

Another tray for the articles or the papers that you will read later

Another for the papers requiring quick action

Continue…

One for the active projects

One for the completed projects

Another for the waste papers

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