It's almost mid April. New year is just a day away. And we have wrapped up the first financial year for the company. Well, not a full financial year. We've been operational for eight months of the financial year. That's 2/3 of the year.
While my accounts are not yet ratified by my auditors, thanks to the online accounting solution that I started to use a couple of months ago, I know where I stand. Now what I need is for my accountant to tell me that I have recorded the expenses and income under correct accounts. I think it's gonna be more of a ratification than any drastic change from the picture that I am seeing.
I am looking forward to making the first tax payment and becoming a responsible corporate citizen. There are some taxes that are in the due, but which I was unable to pay as my accountant wanted to wait till the end of the financial year to figure out whether we would be profitable to make a tax filing.
I'm elated to finish the year with a decent profit and look forward towards the new financial year with eagerness!
Wednesday, April 13, 2011
Subscribe to:
Posts (Atom)
