Author: Mehul Jagwani

One of the fundamental laws of Physics namely Newton’s 3rd law of motion states that ‘every action has an equal and opposite reaction’. The application of this law is extended to bookkeeping as well. Perplexed, right? You must be thinking that we are a gone case, fortunately, we aren’t. Let us have the privilege to… Continue reading Everything You Should Know About Double Entry Bookkeeping

We all have heard the headline on a business news channel that a company made X percentage of profits. Haven’t you? Have you ever wondered where this data comes from? Naah? Don’t worry, we are here to help you. Publicly listed companies are liable to release financial reports to inform their investors about the financial… Continue reading Everything You Need To Know About Financial Reporting

What if we tell you that you are paying more than what is actually mentioned on the invoice? You’ll think we have gone nuts, right? But it isn’t so. A study carried out in the USA concluded that manual invoice processing costs anywhere from $15 to $ 40 per invoice. In India, it could be… Continue reading A Guide On Invoice Management For New-Age Companies

Micro, Small & Medium enterprises are the backbones of India’s economy. It contributes to 30% of the GDP of India. Thus, they lead the growth story of the economy of India. The government has taken several initiatives to further bolster the growth of micro and small industries. One such initiative is GST. After the implementation… Continue reading 10 Reasons Why Your Small Business Needs Invoice

If you are someone who is looking for an alternative to your existing accounting software or you are buying for the first time, congratulations you have landed at the right place. It is important to understand all the nitty-gritty of accounting software beforehand otherwise frequent migrating from one software to another gets troublesome and wastes… Continue reading 7 Qualities Of The Best Accounting Software For SMEs

Before GST, state tax was levied on the inter-state sales of goods and services. And a part of it was shared with the central government. This old tax regime was complex and ambiguous, thus GST was implemented. Under this new tax system, businesses can avail goods and services outside of their states without paying additional… Continue reading GST Software: Everything You Need To Know About E Way Bills