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Anitem listcan be defined as a thing that youpurchase or selland are used in customer transactions. Before going to record thesales transactions,the items must be created for the item list. Proper maintenance of the item list requiressome planning, but you can manage the sales and income transactions. As we know that accounting is important for business, forrecording these transactions item list is used. Without a proper recording of the transactions, it's a bit difficult to maintain the financial health of the business. The crucial role of the item list is to handle accountingwhile keeping track of allrevenue details. The other advantage is that you can gain key insights into your business. Even you can have profit and loss reports. Further, you can have cash flow reports also. That is why the item lists important for a business. Now, let us understand Why a company wants to customize its business forms? Generally, when you arestarting a business, you have to make a lot of choices. Out of all these, the most important is to choose a business form for your company. On the basis of theindividual requirementsof each owner, the structure would be selected. Even after choosing the business form for your company which makes the most sense,customization needsto be done as there are fewdynamics in the business. While you are making a decision about the type of business form, there areseveral aspectsthat you have to consider and a few things you need to evaluate. Keeping all these aspects in view, we can say that acompany wants to customize its business formas per the requirement in order to runsuccessfully.