Books Of Accounts Of Llp Are Maintained On

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Books Of Accounts Of Llp Are Maintained On. (1) as may be prescribed relating to its affairs for each year of its existence—in this regard, r 24(1) prescribes that every llp shall keep accounting records which are sufficient to show and explain the limited liability partnership's transactions and are such as to— Preparation of periodic management accounts

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(1) as may be prescribed relating to its affairs for each year of its existence—in this regard, r 24(1) prescribes that every llp shall keep accounting records which are sufficient to show and explain the limited liability partnership's transactions and are such as to— This books of account should be kept on an. All llps are required to maintain proper books of accounts since registration on cash basis or accrual basis.

However, if any time after the llp registration, it needs to change the registered office to any other place, it may change by following the procedures laid under the act or the llp agreement.

As per section 128 of the companies act, 2013 read with the companies (accounts) rules, 2014 states that every company shall keep books of account, important papers and statement at the registered office of the company. A) to maintain proper books of accounts relating to its affairs for each year on cash or accrual basis and according to the double entry system of accounting and shall maintain the same at the registered office of the company. Cash book, journal , cash flow statement and ledgers. Books of accounts to be maintained by private limited company under companies act.