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companies need to keep records of transactions, so that they can know well about their profit or loss percentages, also some companies have multiple share holders, so they need to keep records for keeping check and balance :)
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∙ 12y ago
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Why do business systems still need more development?
Business systems still need more development so as to accommodate the needs in the business world. The system are aimed at making transactions and record-keeping simple and convenient.
Do you need to have an account with a bank to get a loan?
In most cases, Yes. It increases their control on your transactions and hence they would insist on the same.
Will payday loan companies work with you if your account?
These companies are predatory and dishonest. They may talk nice to you and give you the impression they are willing to work with you but, the truth is, you just keep getting further and further in debt to them. You need to find a way to get clear of these people as quickly as you can. They will ruin your credit and your life if you don't get clear of them.
What companies need financing?
All the types of companies needs some form of financing. The financing of the companies will help it in handling the various forms of logistics.
How can one get a mortgage loan with poor credit?
Some companies offer mortgage loans for people with poor credit but in general, they are difficult to find. In general, one will need to prove that they can make up for the poor credit in time by showing their credit record and income status.
Why there is a need to keep a written record of all business transactions?
secret
Why do you need to record weather and keep a record?
beacause we need
Why do you need to measure and to keep a record?
beacause we need
Why you need to measure weather and keep a record?
beacause we need
Why do you need to measure weather and keep record?
beacause we need
How lond does a real estate broker need to keep real estate transactions in Texas?
3 yrs
Why do real estate companies need their own attorneys?
Real estate companies have their own attorneys for completing real estate transactions. At real estate closings, both parties are required to have an attorney present.
Why do we need financial accounts?
businesses need financial accounts so as to keep track of all their transactions,check progress(profits &losses) and to make decisons
What term record mean?
the term record means a document u need to keep in hand for further clarifications and for future use....
Who uses a databases?
Schools use them to keep a record of students and teachers.Doctors surgery use them to keep a record of patients details.Libraries use them to keep a record the books that members of the public borrow.Shops use them to keep a record of the items that have been bought throughout the day.Police stations use them to keep a record a the criminal's record.
What are the similarities in the financial management of domestic companies and multinational companies?
Both domestic and multinational companies need to manage cash flow, profitability, and financial reporting. They also need to adhere to regulations and plan for taxes effectively. However, multinational companies have the added complexity of managing foreign exchange risk, differences in tax laws across jurisdictions, and cross-border transactions.
Give an example for the need for accounting?
The basic need for accounting is to keep track the transactions of the individual / company, and to show the financial performance / position of the individual / company for a certain period / as at a position.
