Accounting Main Concepts

1. entities or natural persons must keep their books and papers for a period of ten (10) years from the date of the last entry, document or voucher

2. it is best to keep these documents properly in a folder or filing cabinet, so that they can be found at any time and quickly. This maxim can be applied to all types of bills, from household bills (gas, electricity, telephony ...) to purchases made (computers, furniture or electrical appliances), to any home repair (plumbing services, cabinetry or electricity). The banking operations carried out are also included, from a transfer to the contracting of a deposit, without forgetting the operations of the Stock Market.

1. Yes, financial movements are important, you can check if the current financial structure is adequate for the business model, and identify what causes it is unable to meet the financial needs of the company.

2.It is important to keep the purchase receipts of the company, these are of vital importance to maintain an appropriate control of all the actions that are carried out in a company or companies. ... They allow the control of the operations carried out by the company the merchant and the verification of the accounting entries.

Yes, it is very important because this helps us to have an adequate control of everything that the company buys, also so we can have support to know where the money is spent and thus be abe to keep a good accounting.

Yes, it is very important to save these purchase receipts since they allow us to have a support for later any complaint or claim, it also helps us to know in the future how much we have bought and be clear about why it was spent and in what money

2) Yes, it is important, because with those receipts we already know what the expenses we make and it also serves us for any necessary case such as guarantees, etc.

 1. If it is important to keep evidence of the financial movements of the company, because these supports are useful to visualize and observe the profitability and utility of the company in its determined time.

2. Yes, it is important to save the purchase receipts for both people or companies, because this tells us how many costs or expenses we are acquiring and thus being able to keep an orderly accounting.

Yes, it is important because if they accuse us of something we can show our evidence.

Yes, it is important because when I want to see how I invested my money, I have proof of purchase receipts.

1) Yes, it is appropriate, because the company itself knows what its income and expenses were and outside of that it has to demonstrate to any entity (Dian) that everything is in order.

Yes, because we will not lose any purchase record made by the company

I think it is important for the person who keeps track of their expenses and income. Many people don't, but we should do it to control and improve our finances.

Yes, not so much the appropriate, but the obligatory. In Colombia, any legally constituted company is obliged to keep accounts. It is important to keep track of them for the duration of the accounting cycle.

Yes, it is something necessary because that way they know what your profits are and maintain a thorough control of your company.

Yes, it is important because that way the company knows what it is invested in and they keep track of expenses or investments.

Yes, it is important because at the end of the month or year it is calculated how the company did during the year if it increased or decreased

Yes, it is important because this way the company knows what the expenses and income were and they keep a control, in case some businessman wastes or misappropriates the money.

Yes, it is. Keeping personal finances up-to-date is as much a healthy practice as it is to do it for a company.

Yes, it is appropriate. Because keeping record of the financial movements of a company is a healthy practice that keeps the information clear and up-to-date.

1 ) Accounting is a valid means of proof for commercial and fiscal purposes, as it contains the history of the merchant's business. For this reason, the law determines the time during which the supports and accounting books must be kept. In this editorial we delve into this.

2 )It is common for consumers that, once the purchase or provision of a service has been made, they keep the invoice that proves their payment, but that, after a few days, they either throw it away or end up anywhere they want hard to remember if they ever need it. Preserving them is of special relevance, since if an expense cannot be credited, this will prevent any action from being taken, as has happened in the recent case of the "sanitary penny".

1. Es muy importante llevar y tener el control de los movimientos contables porque de hay se pueden dar explicaciones y respuestas ante la entidad que lo requiera, de igual manera se debe mantener un consecutivo para mantener el orden del mismo.

2. Guardar y tener el control sobre los recibos de compra nos ayuda a mantener nuestra economica bajo control al igual saber en que momento incrementa el precio de un producto o nos realizan un mal cobro.

1. It is important to save the financial movements because they have a

 great function in the company. The accounting movements in which the payment of obligations or the transfer of goods, resources or rights to any title is configured, including those made on, collective portfolios and titles, or the provision of resources, through contracts or collection agreements.

2.The importance of keeping the purchase receipts derives from the fact that they are an accreditation of the purchase or acquisition of a product or service, and without them there will hardly be any rights and the most important thing is that we can cointabilizar in an effective and useful way. .

1. If it is important to maintain evidence of financial movements in a company, because having in these supports we can carry out the accounting and know how to validly explain in what period those movements were made in the company

2.It is important to save the purchase receipts, because with this support we know what the company acquires and what profit or expenses it will generate.

Yes, because with them we can have as a support of the purchases made, and thus have an order of the expenses

Yes, it is appropriate. Because with them we can keep track or record the movements made by the company

1.Of course, because thanks to this we can see reflected the transactions and accounting movements that we have generated within a certain periodicity.

2.Yes, of course, this is a support and a help in case of inconveniences in addition to serving as an aid for registration.

Yes, it is something very necessary for us personally to keep our finances updated and thus know what we have.