The time has come for businesses to prep themselves for their next GST returns filing. As the dates are nearing, it is crucial to issue tax invoices as per the recent GST guidelines to eliminate the risks of facing barriers. As…
Reverse Charge GST Invoice Format
The Goods and Service Tax (GST); a new taxation system in India, has replaced many of the existing indirect taxes. The complicated GST invoice format of the asset-based tax system is now eliminated under GST, a destination-based tax system. It has…
How grofleX Accounting Software has Benefit My Small Business – Press Release
[vc_row][vc_column][vc_column_text] Bengaluru, India, October 27th, 2020 – Technology is the most extravagant source of successful businesses. Thus, implementing an ideal accounting software is vital for small businesses to sustain amidst the cut-throat competition. My team and I had an extremely positive…
What is small business accounting – How to do it?
As a small business owner, you must master the art of accounting at some level. Small business accounting is all about the process, system, and people (your team members). It is done by recording expenses, profits, and financial information of each…
Definition of Commonly Used Basic Accounting Terms – Part 2
Stepping into the accounting field can be confusing at first with all the new terms to learn. Don’t feel left out in conversations, and don’t be left behind only because you aren’t sure what someone is talking about. Learn the basic…
Definition of Commonly Used Basic Accounting Terms – Part 1
Language is a medium that eradicates confusion and provides accurate insights into the path you choose to explore. Every industry in the business world has its secret language and knowing the language is the gateway to the inner circle. Toddlers need…
Basic Fundamentals of Accounting
Each industry in today’s business world operates with its language; likewise, accounting is the primary language of finance and related businesses. It helps business owners understand the financial situation by transmitting the necessary financial data. It helps translate the fundamentals of…
What is Billing And Invoicing Software – Advantages of Billing System And Its Types
Invoicing is the preliminary step of receiving payment; an invoice is made for every product or service sold and supplied. The times when payments were processed mainly in cash and transactions were recorded in books are long gone. In order to…
A Comprehensive Guide – Best GST Invoicing Software
Over the past few years, the introduction of goods and service tax (GST) has revolutionized India’s taxation system. So far, it is considered as the most crucial tax calculation changes after independence. Scholars believe that India’s GST regime is more likely…
How to Succeed with a Business at Low Investment in India?
Don’t let lack of finance drown your budding business. The success of a business is associated with hard work, dedication, and smart business operations. If you want to build your business at a low investment, all you need is a solid…
