If you are a novice entrepreneur or an accountant, not knowing what invoice to use in a given situation then don’t worry, it’s normal. You will know everything with time. Being in a business, one has to deal with a variety of invoices, each having its own purpose. One such invoice is a Pro Forma… Continue reading Importance Of Pro Forma Invoice In GST Accounting
Difference Between Manual Accounting And Computerized Accounting
We are living in a tech-dominated world where all our work is aided by technology and accounting is no exception. Despite affordability and abundant options in the computerized accounting system, some companies are practicing manual accounting. There is nothing wrong with it, whether you use ledgers or laptops both give the same result. However, it… Continue reading Difference Between Manual Accounting And Computerized Accounting
An Ultimate Guide To Migrating To A New Accounting Software
Time and again we hear from business owners that they are stuck with accounting software because they have a fear of data loss, incompatibility with their business requirements, and many others. To address your concern and offer an omnirelevent solution we have come up with this blog. Here we will discuss steps to migrating a… Continue reading An Ultimate Guide To Migrating To A New Accounting Software
8 Small Business Accounting Best Practices
Small business and startup entrepreneurs have a long list of to-dos on a daily basis. They are responsible for overseeing the operations of all verticals of the business. Amid all the responsibilities, it gets difficult for an entrepreneur to manage books of accounts. And they cannot afford to hire an accounting expert. Are you struggling… Continue reading 8 Small Business Accounting Best Practices
5 Main Types Of Accounting Software
In order to make your business a success you need to manage your monetary resources. To manage your resources well you require an efficient accounting system that records each transaction whether it is inflow or outflow. When you look for an accounting system you will find different accounting software, each of them is built differently… Continue reading 5 Main Types Of Accounting Software
7 Things To Consider Before Buying Any Accounting Software
Being a CFO, CA, or accountant is difficult. Apart from taking care of the finances of a company, you also need to make decisions pertaining to the technology involved with finances. One such significant decision is choosing the right accounting software. Many professionals have a hard time making these decisions as there are a lot… Continue reading 7 Things To Consider Before Buying Any Accounting Software
Why SMEs Struggle To Comply With GST Rules & Regulations
On the midnight of 1st July 2017 the historic, simplified, and transparent tax regime: Goods & Service Tax (GST) came into effect. From large corporations to small and micro enterprises, all have to adhere to the same. Due to lack of technology adoption, basic infrastructure issues are among the problems faced by small, medium, and… Continue reading Why SMEs Struggle To Comply With GST Rules & Regulations
Munim: An Alternative To Tally
Are you looking for an alternative to Tally accounting software? Congratulations, you have landed on the right page. Since Tally is costly, it’s good to have a cheaper alternative because it will further reduce the overhead costs of your company. Today, we will offer you Munim – the best alternative to Tally, and is completely… Continue reading Munim: An Alternative To Tally
Important GST Amendments Proposed In Union Budget 2023
On February 1, 2023, the Union budget for the financial year 2023–2024 was announced. Along with the same, amendments to the Goods and Service Tax regime were introduced to further simplify the taxation process and remove the roadblocks hindering the growth of India Inc. This blog will go over the specifics of the GST amendments announced… Continue reading Important GST Amendments Proposed In Union Budget 2023
Advantages Of Getting An MSME Registration Certificate [Udyam]
Gone are the days when compliance cost was way too high and there were a number of taxes to be paid by the company. Now, the scenario is exactly the opposite. Systems of multiple taxes are scrapped, compliance costs are coming down, and on top of it, the government is providing impetus to the MSME… Continue reading Advantages Of Getting An MSME Registration Certificate [Udyam]