Accounting: The Importance And Functions Of Accounting

Having our own business or, simply, registering as self-employed to be able to invoice for the services or work carried out is very linked to a process that goes beyond the merely professional, but which, nevertheless, must be treated with great care and from the Knowledge: accounting, financial, fiscal and labor management . Gone are those times in which an accountant only made sums, seats and solved business problems. In the 21st century office, the accountant occupies one of the most important figures of the company, performing many different tasks .

As an independent or as an SME, it is vital to decide how we are going to solve this management. It is not the same to be a freelance professional who issues four bills per month to certain

If we do not have a large budget to integrate it into the work team, you can always hire for hours or hire someone external to take the tasks from your office.

It's obvious that hiring him costs money. But a simple calculation will convince us of its need: let's count the time it would take us to do our own tasks ( closing the accounting year , for example) and that an accountant can do in "a moment".

And the functions of an accountant are very broad. From the completion of a procedure such as obtaining a permit, to making additions and deletions of workers, tax returns, monthly accounting, internal audits, profitability studies, etc. In addition, reasons never fail for hiring :

1. Having an accounting consultant from the beginning would help us to choose the legal form (Limited Partnership, Public Limited Company, etc.) of the business, since not all businesses have the same legal structure and, against the Treasury, it is not the same to declare as an autonomous that as a society.

2. Help to prepare the business plan . Making projections and putting on paper what exists in our mind is not always easy. The accountant will help us make a realistic investment and financing

Master your accounting before she dominates you. No matter how simple our business is, it may be that the accounting will end up making us big. For example, the simple rule of "must" and "have" can cause genuine uncertainties. In this way, the accountant can help us with the billing report, with our financial situation or know how healthy our debt is.

4. Social Security and Treasury: two weapons enemies take. From taking the payment of the quota to the day, the liquidation of taxes, making a purchase, expanding the business .... Many of these situations involve informing the Administration, so having help can take us out of many