Different new and simplified GST return forms have been introduced considering the diversity of businesses operating in the country.
Read MoreThe first step is to create the invoice JSON using the accounting software as per the prescribed format. In the next step, the invoice JSON is uploaded to the IRP system.
Read Moree-Invoicing is a system through which business-to-business (B2B) transactions are authenticated electronically by GSTN for further use on the common GSTN portal. Read here to know how it work.
Read MoreIRN known as “Invoice Reference Number” is a unique invoice number generated by the Invoice Register Portal (IRP) on uploading the invoice electronically.
Read MoreAccessing reports in the browser provides you with greater convenience for accessing the business reports on the go, you might have some questions on Tally’s business reports on the browser.
Read Moree-Invoice is a system in which the invoice needs to be electronically uploaded & authenticated with a unique IRN. Know more about e-Invoice in GST definition and benefits.
Read MoreWhether you are a business owner or aspiring accountant, it is important to know and understand the process involved in the accounting cycle. Accounting cycle consists of 8 steps.
Read MoreBalance sheet is the key financial statement which reflects the health of the business. Know everything about a balance sheet of a company including formula, format, items and more
Read MoreFinancial statements refer to reports prepared to evaluate the performance, financial health and the liquidity position of the business. Traditionally, financial statements were prepared annually.
Read MoreFinancial accounting refers to a process of recording, summarizing, analysis and reporting of all the financial transactions of the business for a given period.
Read MoreRead What is Accounting and How Accounting Works with examples. Accounting is the language of the business used to communicate to internal stakeholders and external stakeholders
Read MoreA positive working capital ratio indicates the business is well-positioned to pay its short-term debts. While a negative working capital reflects the financial difficulties to settle short-term debts.
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