Economic stability from an accounting perspective of the invoicing process

From an accounting perspective, the invoicing and recording process in any part of the world is carried out taking into account the official currencies as the unit of measurement or, failing that, the dollar as the nationally accepted currency.

In this order of ideas, the most relevant accounting element for commercial companies is the profit received, which is why it is necessary to know and adequately treat the income from ordinary activities.

The above ends up favoring in this way the institutional planning and the decision making of measures that avoid the negative performance of the factors that generate deviations between the profits received and those planned for the fiscal year.

However, the accounting management currently developed in small and medium-sized companies lacks certain informative elements due to the influence of the inflationary level and the unstable exchange rate.

For this reason, they constantly implement financial strategies that promote their economic stability; with the purpose of making substantial investment decisions in time and money, which allow them to achieve success for their sustainability and autonomy decisions, focused on their stakeholders such as collaborators, shareholders, managers, customers, suppliers and community, among others.