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Revenue expenditure is concerning fixed assets as it records the expenses which have occurred in connection to a fixed asset. Check what is revenue expenditure with types & examples.

The payroll process is an essential activity in an organization with employees. Understand what is payroll process and how to process it in easy steps.

A capital lease is an agreement where the lessor has agreed that the ownership of the asset will be transferred to the lessee. Check what is capital lease with example & how it works.

An audit report is a letter from the auditor of a company that is the result of the audit process. Let’s check the types of audit report with format.

The new audit trail rule in accounting software will be implemented from 1st April 2023. Let’s check audit rule challenges, concerns & the way forward.

Dynamic QR code to enable and encourage digital payments where buyer can scan the dynamic QR code and make payment from mobile wallet directly.

Check out key highlights of 42nd GST council meeting conducted by honourable Finance Minister, Nirmala Sitharaman. Discussion happened on the GSTR 1 and 3B quarterly filing

A purchase order is a contract between the buyer and the seller and it gives specific information like product or services to be delivered, delivery date, and any other terms and conditions.

Inventory control is an activity of checking a shop’s stock and to maintain the inventory at desired levels, keeping in view the best economic interest of an organization.

Payment advice note is a document or letter of communication sent by a customer or buyer to businesses which states that an invoice has been paid.

A consolidated balance sheet is a financial statement that shows the financial position of a parent company and its subsidiary companies.

Income statement presents information on the financial results of a company’s business activities over a period of time.