When a supplier spends money on something that's needed to provide a service or product to a client, how the tax called GST (Goods and Services Tax) is applied depends on the nature...
Understand what is ledger balance meaning, the difference between ledger balance vs available balance, see a ledger balance example, and learn the importance of ledger.
As the world goes digital, paying taxes like GST with credit cards is a growing trend, offering convenience and efficiency for businesses and individuals...
In India, the taxation of travel reimbursement is a complex issue that has implications for both the employer and the employee. The GST rates for reimbursement of travel ...
To add or select bank details to an Invoice. First, Click on "Invoice" Icon under create section and then fill in the customer details in the Invoice..
To add or select bank details to an Invoice. First, Go to “Sales”, and Select “Invoices”. Now, click on "Create Invoice” from the top right corner of..
Discover the essential differences between proforma invoices and tax invoices in this detailed guide. Understand their purposes, usage, and key differentiating factors to ensure compliance and effective financial management in your business transactions.
Learn how to prepare a cash flow statement. Understand operating, investing, and financing activities, and avoid common mistakes with step-by-step instructions.
Uncover the features of GST and read how it transformed India's taxation system. Simplifying compliance, reducing costs, and benefiting businesses and consumers alike.
Discover the difference between HSN and SAC codes in GST. Learn how HSN codes classify goods and SAC codes classify services for accurate GST compliance.
What is Input Tax Credit (ITC) under GST, its eligibility criteria, and the claim process? Understand how businesses can reduce their tax liabilities by claiming credits for taxes paid on purchases.
Here are the key objectives & features of the Competition Act, 2002, and understand how it promotes fair competition, prevents monopolies, and protects consumer rights.
Explore the objectives and features of India's Smart Cities Mission, focusing on sustainability, technology, and citizen engagement for urban transformation.
KVIC stands for Khadi and Village Industries Commission. It promotes rural development through khadi, village industries, self-employment, and sustainable growth initiatives.
Here are the key objectives & features of the Competition Act, 2002, and understand how it promotes fair competition, prevents monopolies, and protects consumer rights.
Explore the objectives and features of India's Smart Cities Mission, focusing on sustainability, technology, and citizen engagement for urban transformation.
KVIC stands for Khadi and Village Industries Commission. It promotes rural development through khadi, village industries, self-employment, and sustainable growth initiatives.