Do you handle your clothing store accounting, inventory, expenses, revenues well? Are you feeling tired of handling your cash flow management? No more difficulty in dealing with bulk inventory stocks and heavy seasonal billings. To make sure that your garment shop business is successful, you must have a clear concern on your financial data and […]
Self-hosted billing software means the billing software which is running on-premise meaning the software and database is stored on a client-owned local server that can be accessed by people within the organization. Many Billing software can be hosted Online. Both Self hosted and Online hosted has its own advantages and disadvantages. Let us see how […]
What is GST? GST is a consumption-based tax levied on sale, manufacture, and consumption of goods & services. This tax replaced all indirect tax levied by state and central government. GST is one indirect tax for the entire country. CGST: GST is levied on intrastate supplies by the central government. SGST: SGST is levied on […]
Managing the accounting of multiple branches across various locations presents significant challenges. Just by maintaining accounting data with your system will not make you have a clear cut analysis of your accounting at multiple branches. With the use of a software system dedicated to accounting, accounting work will become simpler and everything will stay well […]
A one time purchase is similar to a single transaction. As the name indicates, it is obviously any product that you’ll likely only have to buy once. Buying one-time purchase products that will serve you for a lifetime sounds like a perfect business deal. Buyers prefer a one-time purchase while opting for a high-quality product […]
In this blog we are going to see how to record profit / loss on the sale of fixed assets. When fixed asset of a firm are sold and if any profit is earned out of such sale then it will be shown in P/L account. Fixed assets Fixed assets are long-term assets that a […]
Easily manage your multiple company accounting Accounting Data can mean a lot in any business and it is very important to run business successfully. With the plethora of information we can compile, it can be a game-changer in how a business is built and managed. By continually analyzing the accounting data we can get to […]