Tally Blogs
Tally Solutions   Jan-24-2020
Bookkeeping
General ledger – Definition, format, process and example

After passing the entries in journal-register, the transactions are classified and grouped for preparation of accounts

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Tally Blogs
Tally Solutions   Jan-24-2020
Accounting Fundamentals
Cash Accounting – Definition, Terms, Statements and Example

The cash basis of accounting recognizes transactions and events only when cash (including cash equivalents) is received or paid by the entity

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Latest Blogs

Tally Blogs

Moving to New Financial Year

Yarab A   Mar-25-2020
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QUARTERLY GST RETURN FORM RET-1

Yarab A   Mar-23-2020
Tally Blogs

Difference between Old Vs New GST Return System

Pratibha Devasenapathy   Mar-19-2020
Tally Blogs

39th GST Council Meeting: Key Highlights

Pratibha Devasenapathy   Mar-17-2020
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FAQs on Data Security

Pratibha Devasenapathy   Mar-16-2020
Tally Solutions   Jan-16-2020
Accounting Fundamentals
Credit Memo – Definition, Format, Scenarios and Example

A credit memo is a commercial document issued by a supplier to the customer notifying the reduction of the amount that a customer owes to the seller.

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Tally Solutions   Jan-15-2020
Cost Management
What is Capital Budgeting? Process, Calculations and Example

Capital budgeting is a process through which different projects are evaluated in terms of cost and benefits. It is the firm’s formal process for acquisition and investment of capital.

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Tally Solutions   Jan-15-2020
Accounting Fundamentals
Depreciation – Definition, Types and Examples

Depreciation can be defined as a reduction in the value or the effective economic life of an asset owing to several reasons

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Tally Solutions   Jan-15-2020
Accounting Fundamentals
What is the Bill of Sale? Format and examples

A bill of sale is a legal document that serves as proof of sale and purchase transaction. It is a document that records the transfer of ownership from one person to another

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Tally Solutions   Jan-15-2020
Cost Management
Capital Expenditure (CAPEX) – Definition, Signifiance and Tips

Capital Expenditures are the category of assets that generally indicate the most important use of a company's resources.

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Tally Solutions   Jan-15-2020
Cost Management
What are Administrative Expenses? How do Businesses Manage it?

As the name implies, administrative expenses are the regular expenses you incur as a part of regular business activities.

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Tally Solutions   Jan-15-2020
Accounting Fundamentals
What is Accumulated Depreciation? Calculations and Examples

Accumulated depreciation is the total amount a company depreciates its assets, while depreciation expense is the amount a company's assets are depreciated for a single period

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Yarab   Jan-14-2020
Accounting Fundamentals
What is Current Ratio? Formula and Example

Ratio analysis is a study that determines and interprets numerical relationship based on financial statements. It is with the help of these techniques;

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Tally Blogs
Yarab A   Jan-14-2020
cost accounting
Cost V/S Management Accounting

Having a fair idea about cost accounting and management accounting opens a spot for clear sector-wise study to understand the differences between these two for in-depth analysis.

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