Common Accounting Mistakes That Cost Businesses Big (And How to Avoid Them)
Accounting mistakes may seem minor, but they can cost businesses huge losses and result in hefty tax fines.
Top Accounting Mistakes
Forgetting to Record Small Expenses:
Result: Inaccurate financial reports
Not Reconciling Bank Accounts Regularly:
Result: Discrepancies between internal records and bank statements
Delays in Filing Tax Returns:
Result: Fines from FTA or ZATCA
How YAS ACCOUNT Helps You Avoid Them
Automatic recording of expenses and invoices.
Monthly bank reconciliation automatically.
Alerts for tax return deadlines.