Audited financial statements refer to a complete set of general-purpose financial statements, including the related notes.
Read MoreThe term “credit sales” refers to a transfer of ownership of goods and services to a customer in which the amount owed will be paid at a later date.
Read MoreThe cost of goods sold (COGS) is any direct cost related to the production of goods that are sold or the cost of inventory you acquire to sell to consumers.
Read MoreForm GST TRAN 1 is a form to be filed by the registered taxable person to claim transitional ITC. The taxpayers are required to fill the relevant tables of Form GST TRAN 1 as applicable.
Read MoreHere is why cost accounting plays an important role in recording cost incurred by your business and the valuable insights in the form of reports, allows you to make accurate decisions.
Read MoreA contingent liability is a possible obligation that may arise in future depending on occurrence or non- occurrence of one or more uncertain events.
Read MoreIn Tally, the GST configuration can be set at different level of hierarchy masters of the company.
Read MoreFor over three decades now, Tally.ERP 9 is being used by business owners across India to manage their day-to-day operations and generate required business reports which help make important decisions.
Read MoreFor the last 3 decades, Tally has been closely working with Indian SMEs and have been their constant partner for growth.
Read MoreAn accounting software solution is one that cultivates under the same roof all systems and applications dedicated to managing and processing financial data.
Read MoreCost accounting is the process of recording, classifying, analyzing, summarizing, and distribute costs related to a process, and then developing various courses of action to control the costs.
Read MoreAn accounting software solution is one that cultivates under the same roof all systems and applications dedicated to managing and processing financial data.
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