Among all the several financial reports, we have listed five most important financial statements business owner should prepare and evaluate to understand the company’s financial performance.
Read MoreInventory is money sitting around in another form. You paid money for your inventory, and you will get that money back when you sell it. Until you sell them, managing inventory is crucial.
Read MoreTo simply define, a post-dated cheque is one which is drawn with a date which is after the date on which cheque was written.
Read MoreInventory turnover ratio is an accounting ratio that establishes a relationship between the revenue cost, more commonly known as the cost of goods sold.
Read MoreSomewhere in the process of managing manual books, businesses miss to catch the big fish. Here is why, accounting software’s are helpful and with no cost, you can try accounting software for free.
Read MoreExcept for the periodicity of filing return, the form type, format and details required to be furnished are similar to monthly returns.
Read MoreSugam is a new GST return for small taxpayers whose aggregate turnover in the financial year does not exceed 5 Crores and their outward supplies consist of B2B as well as B2C.
Read MoreSahaj is a type of GST returns for small taxpayers whose aggregate turnover in the financial year does not exceed 5 Crores and their outward supplies are of B2C nature.
Read MoreGoing forward, businesses should make provision for a new form of issuance of invoices and leverage the benefit of the technology with which the e-invoice system is built.
Read MoreThe increased threshold will ensure that around 90% of businesses will benefit the simpler compliance under the new GST return framework.
Read MoreHaving said there are different returns, the immediate question which comes to mind is what are the returns that are available on the GST shelf? Which return should I shop on the GST portal?
Read MoreIn GST Sahaj form, the taxpayer needs to furnish the consolidated outward supplies details at rate-wise (5%, 12% etc.) and place of supply-wise
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