41 Account -- Filing

What are the objectives of filing? Explain any four.

What are the objectives of filing? Explain any four.

The following are the objectives of filing:

1.      To collect documents: The first objective of filing is to collect documents from different sources. They can not be preserved without their collection. So, first of all the documents are collected.

2.      To preserve documents: when a number of letters and documents are collected then they need to be preserved properly because they need to be referred in the future. If such letters and documents are not preserved then they may be destroyed because of many possible damages.

3.      To provide evidence of past events: since, the written documents of past are preserved under filing, it can be produced as a proof especially at the time of arising disputes and misunderstandings. So, to present past letter and other documents in  future for settling misunderstandings is another objective of filing.

4.      To provide information: office needs different information which are to be provided to many parties like customers, debtors, banks, and other. Same information are also needed for formulating plans and policies in favour of the organization. Filing helps to preserve all these information and provide to all whenever required

5.      To arrange documents systematically: Filing is not done only to collect documents but also arrange them systematically by following certain principles. It leads to find the required files easily whenever needed.

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