Tally Blogs
Pratibha Devasenapathy   Aug-31-2020
accounting principles
10 Basic Accounting Assumptions as the Basis of Bookkeeping Your Business

Accounting assumptions state how a business is organized & how business transactions are recorded. Understand 10 basic accounting assumptions as the basis of bookkeeping your business.

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Pratibha Devasenapathy   Aug-04-2020
accounting vs bookkeeping
Difference Between an Accountant and a Bookkeeper

Bookkeeper records transactions whereas accountant provides consultation, analysis & provide advice on tax matters. Understand the difference between an accountant & a bookkeeper with their roles.

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E-invoice & Solutions from Our Ecosystem

Tally Solutions   Sep-29-2020
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41st GST Council Meeting: Key Highlights

Pratibha Devasenapathy   Sep-29-2020
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What is e-Invoice in GST?

Yarab A   Sep-13-2020
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How to Generate e-Invoice in GST?

Yarab A   Sep-12-2020
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How does e-Invoice System Works

Yarab A   Sep-12-2020
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Yarab A   Jul-06-2020
Accounts receivables process and example
Accounts Receivables: Definition, Examples, Process and Importance

Accounts 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.

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Yarab A   Jul-06-2020
Cash flow calculations Direct method and indirect method of cash flow
How to Calculate Cash Flow?

If 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.

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Yarab A   Jul-06-2020
cash vs accrual accounting
Differences Between Cash Accounting and Accrual Accounting

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.

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Tally Blogs
Yarab A   Jun-29-2020
Consolidated financial statement example Consolidated financial statement format
Consolidated Financial Statements – Meaning, Example and Format

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.

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Tally Solutions   Jun-08-2020
accounts payable bills payable example
Accounts Payable – Definition, Example and Process

Accounts payable is any sum of money owed by a business to its suppliers shown as a liability on a company's balance sheet.

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Tally Blogs
Pratibha Devasenapathy   Jun-02-2020
advertising expense
Advertising Expense: Definition and Example

Advertising expense refers to cost incurred in promoting a business in newspapers, magazines television, radio etc. Check the classification of advertising expense with example.

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Tally Solutions   May-14-2020
Banking
Payment Advice – Definition, Components & Format

Payment advice note is a document or letter of communication sent by a customer or buyer to businesses which states that an invoice has been paid.

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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 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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