Page 72 - Keeping Business Records
P. 72

BEST PRACTICES OF RECORD KEEPING










                                       12                            05            Annual Summary

                                                                                   Always verify annual summary.




                                                                            06            Depreciation
                                                                                          Compile depreciation worksheet.

                   9                                          3

                                                                         07            Bank Reconciliation

                                                                                       Perform regular reconciliations.





                                        6                          08            Retention
                                                                                 Do not discard without checking.
















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