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1- Measurement
2- Control system
3- Evaluation for performance
4- To help decision making
5- To meet official requirement like taxes and zakat
6- To help outside and inside needs for financial information like banks, suppliers, customers, managers and other employees dealing
The main purpose of the accounting system is to keep track of all records/transactions. This will provide investors and creditors sufficient information for their decision making. Also tracking the transactions will help detecting fraud and keep the enterprise well controlled.
I m working As a Accounting
