Balance sheet reconciliation is a process of verifying the accuracy of information presented in the balance sheet. It includes cross-checking the closing balance components.
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Working capital is simply the difference between current assets and current liabilities. Working capital management can be defined as a business strategy to manage working capital.
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Best Practices to Evaluate, Purchase and Implement Business Accounting Software
5 Tips to Keep your Business Accounting Organized
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Financial ratio is a number that gives a view of the financial position of the company which includes balance sheet, income statement, and cash flow statement.
Read MoreProfitability analysis help businesses to identify growth opportunities, fast-slow moving stock items, market trends, etc. Learn the definition of profitability analysis with importance.
Read MoreNet Working Capital (NWC) is the difference between a company’s current assets and current liabilities. Check here the definition of net working capital with formula and example.
Read MoreFinancial reporting helps to track the financial performance of a company on a regular basis with the help of various financial reports.
Read MoreEmployee payroll is the most crucial, complicated, highly critical HR processes & in present days it is being automated by payroll software. Know the effective ways of using a payroll system software.
Read MoreAccounting assumptions state how a business is organized & how business transactions are recorded. Understand 10 basic accounting assumptions as the basis of bookkeeping your business.
Read MoreBookkeeper records transactions whereas accountant provides consultation, analysis & provide advice on tax matters. Understand the difference between an accountant & a bookkeeper with their roles.
Read MoreAccounts Receivables is an amount that a company is entitled to receive from its customers for goods or services sold on credit. Accounts receivables are also known as debtors and bills receivables.
Read MoreIf cash flow is managed well, it will help to create more cash cushion that is essential for business growth. Learn how to calculate cash flow with direct and indirect methods.
Read MoreGenerate e-Invoice Instantly in TallyPrime
Bulk Generation of e-Invoices in TallyPrime
e-Invoice from 1st January 2021
Business Impact of e-Invoice: What will Change?