Aside from the funding of the 13th month pay, entrepreneurs also cram on their Financial Statements (FS) at year-end (most after year-end before April 15). You ask help from accountants to produce your FS. Little did you know that the FS don’t just come about. The FS is a summary of your Accounting Books and is a result of a dutiful documentation since the start of the year. What is Accounting Books then? Why fill it up? It serves as basis in the preparation of Financial Stat