Single Entry VS Double Entry
Making a billion dollar company from scratch is not a child’s play, one need to make every move with precision and decisions after meticulous decisions. Maintaining and building a business is a difficult thing, people need to keep their feet grounded and make every move with proper understanding.
Maintaining record of every penny you spend is an important thing and maintaining a record of all the money that comes in as revenue is also important. Business is all about maintaining records and making decisions based on it.