India, Aug. 19 -- There's something exciting about seeing a business grow quickly: new markets, new revenue streams, new opportunities. However, what often gets overlooked is how accounting and taxation systems need to evolve just as quickly. I have met several business owners who have scaled their operations dramatically yet still manage their finances using outdated methods, such as spreadsheets.
While spreadsheets served their purpose in the early days, today's accounting & taxation requirements demand more. It's not about replacing what worked before but more about building on it with smarter tools.
The cracks in manual accounting methods don't show up all at once. They emerge quietly as duplicated entries, delays in month-end closu...
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