WHAT IS THE EXEMPTION LIMIT FOR INDIVISUAL PROPRIETERSHIP FIRM FOR BOOK KEEPING
DHANANJAY UPADHYAY (ACCOUNTANT) (24 Points)
25 April 2014WHAT IS THE EXEMPTION LIMIT FOR INDIVISUAL PROPRIETERSHIP FIRM FOR BOOK KEEPING
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3303 Points)
Replied 25 April 2014
Actually keeping track of your business expenses and income are a lot easier when you have a separate bank account.
You want to review every transaction and take note of them (put them into categories) at least once a month… while you still remember what the transactions were for and which.
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