Accounting and Bookkeeping for Perfex CRM

This is accounting and bookkeeping module for Perfex CRM script. Using this module helps ease the burden of manual data entry, prevents common human errors, helps businesses and accountants when tax time comes around, and allows the user to view detailed reports on how finances are doing. of your company. Accounting is the process of recording and tracking financial statements to see the financial health of an entity. This is done by entering, classifying, measuring, and then communicating transactions in various formats. Accounting consists of bookkeeping and analysis. Bookkeeping, or financial accounting, involves recording transactions, which can include purchases, sales, and receipts from a person or organization. Once the accountant records and organizes all the transactions, the next step in accounting is to analyze these transactions into useful reports that will show the status of one's finances. These reports can include profit and loss statements, cash flow reports, and can track sales taxes to keep a close eye on what is owed at tax time.