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Keeping all of your receipts would be overwhelming and hard to keep track of. It would make it difficult for the receipts you need to be easily accessible. Describe the key features of a financial record keeping system. A financial record keeping system should be safe, comprehensive and accessible.

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The key features of a financial record-keeping system are that they should be secure, and easily accessible.

What is a Financial Record?

This refers to the management of financial data in order to keep invoices to track spending, cost, profit, etc.

Hence, due to the importance of record keeping, it is important to have an automated system such that they can be kept secure and can be easily reached.

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