Tally Blogs
Tally Solutions   May-13-2020
Financial Statements
Consolidated Balance Sheet: Definition, Example and Steps to Prepare it?

A consolidated balance sheet is a financial statement that shows the financial position of a parent company and its subsidiary companies.

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Tally Blogs
Tally Solutions   May-07-2020
Financial Statements
Income Statement – Definition, Format and Example

Income statement presents information on the financial results of a company’s business activities over a period of time.

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Pratibha Devasenapathy   May-04-2020
cost behaviour
Cost Behaviour: Definition, Formula and Example

Cost behaviour is an indicator of how a cost will change in total when there is a change in some activity. Know more about cost behaviour definition, formula with example.

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Pratibha Devasenapathy   May-04-2020
Management information system MIS reporting
MIS Report: Definition, Types and Example

MIS Reports are reports required by the management to assess the performance of the organization and allow for faster decision-making.

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Pratibha Devasenapathy   May-04-2020
inventory Inventory Management inventory management techniques
Inventory Management Techniques: Process and Tools with Example

Inventory management is the basis of a well-functioning retail business. Learn these techniques and methods to help your business improve efficiency

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Tally Blogs
Tally Solutions   Apr-29-2020
Financial Statements
Fund Flow Statement: Definition, Format with Example

A fund flow statement is a statement prepared to analyse the reasons for changes in the financial position of a company between two balance sheets.

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Yarab A   Apr-17-2020
Banking
Post-dated Cheque – Definition, Validity and How to Write it

To simply define, a post-dated cheque is one which is drawn with a date which is after the date on which cheque was written.

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Tally Solutions   Feb-12-2020
accounting Cash Discount
What is Cash Discount? Methods and Examples

While this looks obvious, business does offer a kind of discount which is not at the time of selling but at a later stage.

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Tally Solutions   Jan-24-2020
Accounting Fundamentals 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 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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Yarab A   Jan-23-2020
Accounting Fundamentals
Accounting Cycle

Whether 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.

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