Connect with us

Hi, what are you looking for?

fifo first in first out fifo first in first out

Inventory

Inventory management is one of the biggest roles of a business. It is very important for businesses to understand the nature of their business...

Inventory

Keeping a check on your inventory and the prices at which the raw materials were bought and the prices at which they need to...

Business

What is Order Management System? An order management system is nothing but an electronic method to handle the lifecycle of an order. Moreover, it offers a...

Accounting

An itemized inventory of all the components necessary to make or sell a product is termed a Bill of Materials (BOM). Succeeding are the...

Finance News

Business

If you want to start your own business like home baking, freelancing, small handicraft business becoming an entrepreneur then, this article will give you...

GST

What is Bank Reconciliation Statement? A bank reconciliation statement means nothing but a summary of business and banking activity that reconciles an entity’s bank account...

Business

India has the potential to assist you in realizing your entire entrepreneurial dream. To be sure, you do not need a superior education from...

Business

Introduction to Indiamart Indiamart is a huge B2B marketplace that renders products and services on the portal of sales. It is headquartered in Noida,...

Accounting News

stand up india scheme stand up india scheme

GST

Objectives of Stand Up India Scheme The objective or goal of the Stand Up India Scheme is to make the process of bank loans easy between...

clcss credit linked capital subsidy scheme clcss credit linked capital subsidy scheme

Business

Small firms, particularly those in the industrial sector, rely heavily on technology. Micro, small, and medium-sized enterprises must invest in machinery and equipment to...

GST

What is Partnership Deed? A partnership deed is a legal document in a written format that contains an agreement between two persons who want to undertake...

GST

Senior persons have the right under 80TTB to claim a greater deduction for interest income generated on deposits. It is intended to assist elderly...

GST

Introduction to TaxCloud India Tax cloud India is nothing but cloud-based accounting software that runs on remote servers. The ICAI (Institute of Chartered Accountants of...

Business

India is endowed with a plethora of traditional industries. This industry not only contributes significantly to large-scale job possibilities at a relatively cheap capital...

GST

What Is VAT? VAT full form is the Value Added Tax. It is an indirect tax that the national government levies on products and services...

Business

What is Trade License A trade license authorises an applicant (someone wishing to start a business) to conduct a particular industry or trade in a specific...

GST

Taxes are collected on its inhabitants by governments to produce money for initiatives that increase the country’s economy and enhance residents’ standard of living....

Business

Tax Deduction and Collection Account Number, TAN is an important and mandatory number for any individual, business or enterprise who is filing for their...

Finance

Credit Guarantee Fund Trust for Micro and Small Enterprises, CGTMSE is a scheme that is introduced by the government of India, by the Ministry...

GST

MSME Loan Schemes: MSME – the abbreviation for Micro, Small, and Medium-Sized Enterprises. These sectors contribute to the overall financial stability of the country....

GST

What Is Break-Even Point? The break even point is the level of output at which the company’s overall revenue and total expenses are the same. At...

GST

Introduction to Company Income: Before learning about tax rates and how they are determined, we need to know about the types of income a...