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Tax Incentives Under the Startup India Action Plan Tax Incentives Under the Startup India Action Plan

Finance

“Are you a small business owner in India looking for ways to reduce your tax burden and invest in your company’s growth? Have you...

Finance

Profit maximisation and wealth maximisation are two different approaches to business. The main focus for any business is profit maximisation, but many people need...

GST

What is Meesho? Meesho is the biggest and most reputable reseller marketplace in India. It is an e-commerce platform where resellers can sell products...

GST

What is letter of credit? A letter of credit, or LC, is a legal document that ensures the buyer will pay the seller. It...

Finance News

Invoicing

What is a Bill of Supply? A company that is GST-registered sends the purchaser a tax invoice. Such an invoice specifically states the GST...

TAX

The Indian government has introduced the QRMP plan to make it easier for small business taxpayers to file taxes.  What is the QRMP scheme?...

Accounting

Definition of DSO Days Sales Outstanding (DSO) measures the average time it takes a business to get payment from a client after a transaction....

Invoicing

You might often get confused about what invoice to send as there are many, based on due dates, type of industry, compliance requirements, regional...

Accounting News

Importance of Cost Accounting Importance of Cost Accounting

Accounting

What is Cost Accounting? Cost accounting is a method used in business to track, analyse, summarise, and research a company’s expenses related to any...

GST

What is Form 16? This Form 16 is a certificate issued by your employer. It certifies the details of your salary for the year...

Invoicing

The demand for gold is never-ending. Day by day, the number of people purchasing gold is increasing, especially women customers. Whenever you purchase gold...

Accounting

With the rise in technology and the ease of doing business on e-commerce portals such as Amazon, Flipkart and Myntra, it’s no secret that...

Finance

What is an audit? An audit refers to the autonomous inspection of financial information of any organisation, regardless of whether they’re for-profit or non-profit,...

Invoicing

This guide can give an adequate amount of information regarding the assigning of invoice numbers and invoice number format. Every business organization generates invoices that...

Invoicing

A purchase order or PO is known as the formal document which is sent to a vendor by a buyer. This document is sent...

Invoicing

What is a Shopping Bill? Are you a business owner who likes to keep it all organised? Then a shopping bill is more important...

Invoicing

Composition Scheme Bill Are you a composition dealer looking for a composition bill format? Here’s what you need to know about the composition scheme...

Invoicing

What is a Self Invoice? A self-invoicing arrangement affords vendors the reliability of having the payment sent by the customer and relieves vendors of...

Billing

A thermal printer bill is prepared using thermal printers. These printers can be used for printing receipts, invoices and other official documentation. There are...

Invoicing

What is a Retail invoice? An invoice is a commercial document generated by the seller that lists items sold or services provided and their...

Billing

In today’s competitive world, businesses want to get things done quickly. As a business owner, there are many things to manage, and one wants...

Billing

If your business accepts payments from customers or clients in cash, a cash receipt must be an integral part of your daily affairs. Keeping...

Accounting

This is a guide that includes information regarding cloud accounting. Before we move on to cloud accounting, let us first see what a cloud...

Invoicing

Car rental service is one business that has to deal with clients for different periods ranging from a few hours to a fortnight. As...

Invoicing

Every business needs to generate multiple sales invoices every day. A sales invoice generates debt on the part of the buyer and helps the...

Invoicing

As a service provider, providing a professional service is not the end of your job. As a business in the services industry, your billing...

Billing

Why are you wasting your time finding out how to make professional invoices for your clients if you have an eye for beauty as...

Invoicing

Transportation invoice templates that drive your growth! Whether you are a local transportation business or a company that ships goods across the nation, timely...

Accounting

Accounting is a way of keeping track of a company’s financial transactions. Like other disciplines, accounting has a set of rules by which it...

Accounting

An accounting system is a method used to manage the financial activities of a business including income and expenses. Every business keeps an accounting system so...

Inventory

What is Inventory Control? – All You Need To Know About Stock Control Inventory control incorporates many functions such as purchasing, shipping and receiving,...

Invoicing

Invoice discounting is nothing but the practice of letting businesses use unpaid invoices to get short-term business loans and fulfil their various operating expenses. It...

Invoicing

Invoice processing is the whole method for handling a supplier invoice, from its receipt to when it is posted in the system of ERP...

Accounting

Let us first learn what accounting is. We can define accounting as the method of combining all the financial information to make it clear...

Inventory

What is Inventory Management? Inventory management is an efficient way to deal with sourcing, putting away, and selling inventory—both raw materials (parts) and finished...

Invoicing

A sales invoice is considered an essential and important part of the accounting cycle of every business. A sales invoice template is nothing but documentation that...

Billing

Custom Bill Book Looking to build your professional brand with custom bill books? Every bill book format on the myBillBook software is curated to...

Invoicing

Hotel Invoice Template – Do you run a hotel? Are you always swamped with guests checking in and out and the process taking most...

Accounting

Business accounting is an organized system for recording, analyzing, interpreting, and presenting financial information. There are three basic activities in business accounting which are identifying, recording,...

Invoicing

What is an Invoice? An invoice is a commercial document generated by the seller that lists items sold or services provided and their quantity...

Billing

Do you feel like your business needs some new receipt templates?  With myBillBook, you can choose from multiple bill receipt templates. Customise your receipts...

Invoicing

A medical invoice template is the layout of a list of details regarding any patient who visits a hospital to consult a doctor. The...

Bookkeeping

The double-entry system of bookkeeping is a system in which each transaction is recorded in at least two accounts. This system provides a more...

Billing

Looking for a complete list of SAC codes? You've come to the right place!

Billing

Credit Note Meaning A credit note, a credit memo, or a credit memorandum is a document issued by a seller to a buyer acknowledging...

Inventory

What is Inventory Valuation?  Inventory valuation is the method to determine the value of the unsold stock at the time of preparing financial statements....

Billing

What is a Debit Note? A debit note is a document a seller uses to remind a buyer of existing debt or one that...

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