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What is Cost Centre – Types, Purpose & Examples
Cost Centre is a separate department within a business to which costs can be allocated. Know the cost centre meaning, types & importance with examples.
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Accounts Receivables vs Accounts Payables
Accounts receivable is the money owed to your business by customers whereas, accounts payable is the money you owe to the suppliers. Understand accounts receivables vs accounts payables.
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Sundry Creditors – Meaning and Example
What is Cost Centre – Types, Purpose & Examples
Accounts Receivables vs Accounts Payables
QRMP Scheme: Quarterly Return Monthly Payment Scheme (QRMP) in GST
What Is the Difference Between Billing and Invoicing?
How to cancel e-invoice in GST?
GST Council had recommended QRMP scheme to reduce the compliance burden and facilitate ease of doing the business. Know the details of QRMP scheme & how to opt it.
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Bill is the money owed by a customer for a purchase transaction whereas an invoice is a detailed document of a goods or service transaction. Check the difference between billing & invoicing.
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e-invoice cancellation can be done using e-invoice portal or ERP, Accounting software or business management software. Let’s check how to cancel e-invoice in GST.
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If you made a mistake and already generated e-invoice, then there are options to correct the e-invoice details. Check out the options to amend or modify e-Invoice.
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e-Invoice format is a standard template for electronic reporting of invoice details that need to be reported to IRP in JSON format. Check out mandatory details of e-Invoice format or schema.
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Honourable FM, Smt. Nirmala Sitharaman announced various initiatives planned by the government to aid the growing economy. Find out the major highlights of budget 2021-22.
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Generally Accepted Auditing Standards or GAAS are a set of rules or guidelines which an auditor is supposed to mandatorily follow. Understand what are GAAS and its requirements.
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Managerial accounting is nothing but the practice of identifying, measuring, analysing, interpreting, and communicating financial information to managers.
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Understand how to manage books remotely using an online software. Need to use proper tools to achieve smooth management of various business processes.
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Sundry Creditors – Meaning and Example
What is Cost Centre – Types, Purpose & Examples
Accounts Receivables vs Accounts Payables
How to cancel e-invoice in GST?