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Setting Up Over-all Accounting System

Accounting system is a set of manual and computerized procedures and controls provided for identifying relevant transactions or events; preparing accurate source documents, entering data into the accounting records accurately, processing transactions accurately, updating master files properly, and generating accurate documents and reports. It consists of methods and devices used by a business or company to keep track of its financial activities and to summarize these activities in a manner useful to decision makers. In every accounting system, whether simple or sophisticated, the data concerning each day’s financial activities must be recorded, classified and summarized.

Panwa Group provides assistance in setting up over all accounting system in your company or business whether it is manual or computerized set up. Our team has expertise specifically in such areas of concern as: If you have any queries on how we can help you regarding your accounting system, please feel free to contact us.
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