By tracking due dates, businesses can save money by paying invoices in a timely manner and in some cases benefit from early payment discounts. Additionally, an accountant can collect money owed to the business from its clients, thereby increasing cash flow and potentially saving money by avoiding collection agency collection fees. Equally important is the benefit of keeping accurate records. Accurate records give you the information you need to manage and grow your business. Auditable accounting records are used to support a company in acquiring loans needed for sustainability or investments, tax projections, internal controls and maintaining a company's legal responsibility to report to the government