With the implementation of the new Goods and Services Tax (GST) in India, it is essential to make a few changes in the functioning of your business smoothly. Firstly, GST is an indirect tax that is levied on the supply of…

Is GST exemption on goods a good idea? The ongoing economic crisis due to the COVID-19 pandemic has been extremely devastating. The government has announced various relief measures and relaxations to fight the Impact of GST on the Indian economy due…

An invoice generator software helps create invoices and credit notes under the standard format. It enables accountants and business owners to calculate the taxable amounts, keep track of all transactions, and interact with vendors/customers. Integrated bookkeeping software like Groflex rids businesses…

Most small businesses and freelancers initially incline towards excel or word to accomplish accounting functions. Although it is believed to be professional, the traditional methods are outdated. The updated GST bill format demands businesses to use Online Invoicing software instead of…

Nowadays writing an estimated quotation is very easy with advanced online financial software solutions. A written quotation or estimation required when a customer wants to make a purchase.  Every online or offline business has to give its client a price list…

Are you an aspirant planning to start a business of your own? Starting small is the key to significant expansion. However, it can be slightly hard to map out comprehensive strategies for a start-up. No worries! We are here to help…

Starting your own business might sound like a lot of tasks in hand, but it is not. India is one of the most prolific start-up regions in the world. Nearly 4,000 start-up businesses emerge from innovative entrepreneurs every year. However, it…

GST, or Goods and Service Tax, has replaced various other forms of indirect taxes and has simplified India’s taxation system. If you are a trader, business person, or entity having a turnover more than the defined limit, you need to register…