A document is exchanged between a supplier and buyer and validated by the government tax portal. E-invoicing proposes a system where business-to-business (B2B) bills are digitally prepared in an e-invoicing format and authenticated by the Goods and Services Tax Network (GSTN). This system ensures that all businesses follow a standard form before reporting invoices to …
What Are The Benefits Of E-Invoicing Accounting Software? Read More »
E-Commerce in India is booming. According to a study supervised by Google India, there were 35 million online shoppers in India in 2014 Q1, which is anticipated to cross the 100 million mark by the end of 2016. Broadband internet and the explosive growth of mobile phones are fueling this growth more. Multiple growth motorists …
Invoicing plays a critical part in maintaining smooth business deals between the dealer and buyer by communicating the terms and conditions. Bills are time-stamped documents that record each sale between the buyer and dealer. You can track payments, gather business perceptive for better strategies, and train levies fluently. A business also establishes its fiscal credibility …
Proforma Invoice Vs. Tax Invoice: A Complete Guide For Businesses Read More »
Cancellation of GST registration is not hard work as the Indian government GST Portal has provided a simple and also easy step-by-step procedure to finally cancel the GST registration of migrated taxpayers through a newly implemented feature. So If the regulations don’t apply to you, your firm or profession is shut down, or a tax …
How to cancel GST Registration from the GST portal? Read More »
Understanding each form of cash flow is crucial because there are many different kinds of it. A cash flow statement overviews how much money and its equivalents enter and leave a business. The CFS measures how well a company manages its cash position, meaning how well it generates cash to pay its debt scores and …
The Cash Flow Statement Decoded: Key Uses, Importance, and Types You Need to Know Read More »
Inventory management helps businesses know the right quantum of stock to order at the right time. It also helps in tracking inventory from purchase to trades of products. Companies that effectively use inventory management are destined to succeed with the help of an inventory management system. Retail wholesalers can automate the ordering process and store …
Inventory Management System, Feature, Benefits, And Its Types? Read More »
eSa al i aE-Way Bill is an Electronic Waybill for the movement of products to be generated on the WayBill Portal. Without an e-way bill created on e-waybill gst.gov.in, a GST-registered person is not permitted to transport goods in a vehicle with a value greater than Rs. 50,000 (Single Invoice/bill/Delivery Challan). Electronic Waybills, or E-Way …
Everything You Need to Know About E-Way Bill Generation and Regulations Read More »
The Cloud provides networked access to communication tools such as e-mail and calendars. To accelerate innovation, the provision of computer services includes servers, storage, databases, networks, software, analytics, and Internet intelligence. Provide flexible resources and economies of scale. The Cloud refers to servers accessible on the Internet, and the software and databases that operate on …
What is cloud-based accounting software & how does it help businesses? Read More »
Crowdfunding is a type of investment in which people contribute money to an idea or project in return for a pre-defined reward. In the case of SMBs, crowdfunding is a simple way to raise the funds that they need to grow their business. What is crowdfunding? Crowdfunding is a way of raising money for a …
Crowdfunding: A Step Closer To Smart Funding For Smbs Read More »
Bookkeeping is a very important function in accounting. It is the process of maintaining records and accounts in a business. It consists of handling receipts, invoices, inventory, bills, and other information. For example, most people don’t have to worry about bookkeeping because they only do casual accounting and don’t do invoicing. If you have a …
