answersLogoWhite

0


Best Answer

it is more important that you record your Personal Finance because this can help you at any time. For example:

you bought something and then you forgot it and when check your bank statement and there are money spend in xxx shop and you can't remember it. So in this situation if you record your receipts you can find it where, when and what did i bought on that money and if you didn't record receipts then this is a big problem. tuation

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the importance of financial records?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Importance of records and information management programme?

importance of records to information manager


Does medical records contain financial records?

No


Which bank NOT the insurance company displays Lincoln's financial records?

which banck has displays linclons financial records


What are two types of financial records?

2 types of financial records could be utility/service bills and mortgage statements.


What is the name of a person who keeps financial records?

financial minisiter..Mr.p.chidambaram


Where are copies of military financial records stored?

Military financial records are stored in federal government facilities. Few of these records are made public record. There are archives for certain records that are available to the public , and these records can be obtained by visiting libraries such as the Library of Congress to view these records.


How do you make a sentence for financial?

we are not rich. We are facing financial problems.


How long should a service company retain financial records....like payroll tax and personnel?

Depends on the type of records, For example dental records (after the patient has left the practise) is 7 years, Financial records are 10 years


Mention the importance of computer in land records?

The mention the inportance of coumpter in land records.


What is accounting importance of that?

Who are users of financial statements


Need for Reconciliation of Cost and Financial Records?

Need for reconciliation of cost and financial accounts


How Importance of financial institutions and markets?

financial institution and financial markets are playing important roles in business inviornent