answersLogoWhite

0


Best Answer

One great advantage of record keeping is it allows you to see the profitability of your business. It also allows for you to provide the IRS with the proper information they need to file your annual return.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar
User Avatar

James Tube

Lvl 1
2y ago
ftgfdgt
More answers
User Avatar

James Tube

Lvl 2
2y ago

dfdsfdsfsf

This answer is:
User Avatar
User Avatar

Hyman Stokes

Lvl 1
2y ago
im not sure this is right...

User Avatar

James Tube

Lvl 2
2y ago

sdfdsfsf

This answer is:
User Avatar
User Avatar

Vickie Schuster

Lvl 1
2y ago
can you explain how you got that?

User Avatar

James Tube

Lvl 2
2y ago

fdfdsfsfsfsdfdf

This answer is:
User Avatar
User Avatar

Kamron Roberts

Lvl 1
2y ago
Thanks for the answer!

Add your answer:

Earn +20 pts
Q: What are the advantages of record keeping?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Advantages of computerized record keeping?

what are the advantage of computerized record keeping


What are the advantages and disadvantages of record inspection?

adv... used for future reference easy to access disad... can be outdated with time biased


What are some advantages and disadvantages of record keeping?

You have to pay money in order to keep the records. Tax n dat


Advantages of formal organization?

There are so many advantages a formal organization. They include proper handling of issues, good record keeping, operations are run in a proficient manner and so on.


Advantages of double-entry book-keeping system?

advantages of double-entry book-keeping system?


How do you record keeping?

That is the correct spelling of "record keeping" (saving data).


What advantages did living in cities offer the people of ancient mesopotamia?

the advantages of living in cities of ancient Mesopotamia was that they were advanced, they had specialized workers, complex institutions, record keeping, and improved technology.


How do you spell record keeping?

That is the correct spelling of "record keeping" (saving data).


What are the importance of medical record keeping?

The importance of medical record keeping is keeping a treatment record of a patient that allows medical professionals to know the patient's past


What is the purpose of keeping a record of whether and treatments work effectively?

What is the purpose of keeping a record of whether medication


What is the record for keeping your eyes open?

The record for keeping your eyes open without blinking is 29 hours and 48 minutes


What are the benefits of record keeping?

easier transition to an electronic record keeping applicationquicker easier retrieval of informationreduction of space requirements to stagereduction of paper record holdingsreduction of paper record holdingsquicker and easier retrieval of informationeasier transition to an electronic record keeping applicationreduction of space required to stage paper records