Tally Solutions

A fund flow statement is a statement prepared to analyse the reasons for changes in the financial position of a company between two balance sheets.

Many SME businesses focus more on sales and tend to neglect credit management. However, it is prudent to note that SMEs are especially vulnerable to unpaid debts and late payments from customers

As per the decision taken at the 39th GST Council Meeting, the revised date for implementing the new GST return system is 1st October 2020.

Evaluation of your customers before granting credit is an extremely important aspect. You need to find out whether doing business with the customer is worth the risk of granting credit.

It is important to draw immediate attention towards late invoice payments whether small or large.

The company level configuration of GST makes compliance simple and hassle free.

While you may hire an accountant for end-to-end tasks that will keep your books of accounts updated.

Business software solution greatly reduces the potential for human error that comes with accounting on paper, and it can allow you to access critical information with ease.

While this looks obvious, business does offer a kind of discount which is not at the time of selling but at a later stage.

After passing the entries in journal-register, the transactions are classified and grouped for preparation of accounts

The cash basis of accounting recognizes transactions and events only when cash (including cash equivalents) is received or paid by the entity

Accounting software has become a basic need for every business.n accounting software empowers your accounts team in minimizing errors and focusing on high-impact actionables.