TOZZIBLINKZ
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Sole proprietors who operate a sole proprietorship business owns , control , and manage the business all by himself . And just as he enjoys the profits and bears the risks he or she is also responsible to do the bookkeeping aspects of the business . But what happens in the case when the book keeper is separated from those that bears the risk and share the profits especially in businesses that are collaborated , or partnership related etc . Most bookkeeper in businesses today are not truthful and honest so they record false and untrue business entries in the business respective books of accounts . They also see their bookkeeping job as a way of stealing and taking business incomes .
First of all actions like this is very bad to a business well-being . Bad bookkeeping can make a business fail , go bankrupt , or liquidate . It also makes businesses with huge amount of inventories and after selling these inventories are unable to recover their profits sold in order to stock up more inventories . Qualities a good bookkeeper must exhibit are : truthfulness , honesty , integrity , diligent , punctual , and also professional in carrying out his or her prospective bookkeeping duties .
First of all actions like this is very bad to a business well-being . Bad bookkeeping can make a business fail , go bankrupt , or liquidate . It also makes businesses with huge amount of inventories and after selling these inventories are unable to recover their profits sold in order to stock up more inventories . Qualities a good bookkeeper must exhibit are : truthfulness , honesty , integrity , diligent , punctual , and also professional in carrying out his or her prospective bookkeeping duties .