There two primary accounting methods – Cash accounting and Accrual accounting, that a business a choose and apply. Each method impacts differently on how the business financials are measured.
Tally virtual user (TVU) is nothing but an instance of Tally.ERP 9 running or being accessed over a virtualised environment or through tools like Windows RDP, Windows thin Client, Cirtix etc.Read More
Consolidated financial statements also known as CFS, presents the financial position and results of operations for a parent and one or more subsidiaries as if they were a single company.Read More
Sales orders play a central role in making sure a sale is well-documented, properly conducted, and reflective of both the buyer and the seller is expecting.Read More
Due to MSME COVID-19 pandemic, consumers, MSMEs, self-employed workers and accountants are struggling to make ends meet. Here is the MSME guidance undertaken by government to get back the businesses oRead More
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.Read More
Accounts payable is any sum of money owed by a business to its suppliers shown as a liability on a company's balance sheet.Read More