Small businesses in India are increasingly transiting to the Goods and Services Tax (GST) regime. GST accounting is a more comfortable and cost-effective approach to all the indirect tax systems that previously existed in the country. Since the GST launch in…
Basics: Time, Place and Value of Supply Under GST
The Goods and Services Tax (GST) regime has subsumed all the indirect taxes in the past few years of its successful implementation. However, the new tax calculation system has streamlined indirect taxes. The government has unified the current and previous tax…
How to Come Up with Hundreds of Small Business Ideas?
“Choose your dreams over your fears”. Starting your own business can be a daunting task. Yet, given an opportunity, most people in their 20’s are likely to become entrepreneurs. According to one of the recent studies, 39% of employees working in…
COVID-19 Small Business Guide
The impact of the COVID-19 pandemic has transformed the way businesses operate around the world. The current pandemic is no different from the past; resembling the historical uncertainty index and its economic impact. While few small businesses are striving hard, many…
Subscription Billing Software – Definitive Guide
Businesses today are still unaware of the term “subscription bills.” However, the concept of subscription billing is not entirely new. It is one of the billing methods that businesses use to charge their customers when processing transactions. Although the idea of…
Basics: GST Billing Software – E way Bills
When a transporter wants to carry goods from one place to another, he needs to keep the e-way bills. Also need to meet certain conditions. What is an E-Way Bill? E way bill stands for Electronic-way bill. The e-way bill portal…
Easy Guide to GST ANX-1 and GST ANX-2
Many reforms have been made in the Goods and Services Tax (GST) return filing system. There is an addition of GST ANX-1 and GST ANX-2. A person used to fill the forms before the reforms, i.e., GST RET 1/RET-2/RET-3, are now…
Online GST Registration Process in India
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…
The GST Payment of Tax
The payment of Goods and Services Tax (GST) online has made the process of tax payment easy and transparent. As a registered taxpayer of GST, you have access to three electronic ledgers, i.e. electronic liability ledger, electronic cash ledger, and electronic…
Launching Live Version: Multi-User Accounting System – Supporting Collaboration & Team Work Press Release
Bengaluru, India, December 23rd, 2020 – Accounting is an integral part of business operations. It determines the sustainability and growth of an enterprise. Today, the world is driven by technology; In an era like this, it is crucial for business owners…
