Welcome to our comprehensive guide on “How to add a New Sale”. Step 1: Click on the POS icon on the Homepage. Step 2: Click on ‘New Sale’, and then click on ‘Add Product Manually’. Step 3: Next, select the product from the dropdown box or click on ‘Add New’. Step 4: Now, fill in […]
The Power of Accounting Software: How it Can Revolutionize Your Business
Are you a small business owner looking to revolutionize your business with the power of accounting software? In this article, we’ll explore what accounting software is, its importance, and the various benefits it can bring to your business. From improved efficiency and accuracy to cost reduction and better decision-making, accounting software has plenty of features […]
How Dunning Can Help in the Timely Collection of Dues
The most crucial factor to keep a business sustainable is the steady flow of cash. If the cash flow is interrupted due to negligence in collecting dues, the business’s financial health suffers. Sometimes it may be a seamless process – the client making payments before or on time. However, on some other occasions, you may […]
Efficient Resource Planning Techniques for Small Businesses
For every emerging enterprise, the biggest challenge does not involve coming up with a new idea; it lies in sustaining that idea. To be a successful business, the rule of the thumb is to keep it buoyant. A study indicates that only 48.5% of the startups remain open and turn into small businesses after five […]
Is Accounting Online Safe for Businesses?
The process of using internet technologies such as your smartphone or web browser to function business accounting is called online accounting. The purpose of online accounting is to replace spreadsheets, manual accounting that is paper-based, and other traditional software so that data can be accessed easily and conveniently. For this purpose, Imprezz can be trusted […]
What Is Safety Stock and How It Can Be Determined?
What Is a Safety Stock? The extra quantity of a product that is stored inside the warehouse to make sure that products remain in stock and an out-of-stock situation that can be avoided is called safety stock. If you manage to maintain this stock successfully, it will serve as insurance in situations where the demand […]
ICAI has issued an exposure draft of the revised accounting standard
The Institute of Chartered Accountants of India (ICAI) has recently displayed an exposed draft on income taxes. This draft is for a revised accounting standard. The exposure draft is indeed the newest among other few standards of accounting that have been proposed for revision. This draft is supposedly applicable to all entities that are not […]
What is the Difference between Journal and Ledger?
According to the double-entry system of bookkeeping, each transaction affects two particular accounts. The process of accounting can be defined as the process of recording every financial transaction in the system. This process starts with creating a journal that is followed by a ledger account, trial balance, and final accounts. The two important pillars that […]
The Importance of SAC Code in Invoice
Business, national or global, is an ever-growing network of traders and consumers involved in the trade of many products and services. Without proper organizational tools, a business can go berserk. Thus, to streamline trade, product classification codes like HSN and SAC are the most practical measures to be taken by the government. What is SAC […]
Steps to Improve Receivables Management
The biggest challenge faced by any large or small business, more than sales, branding or expansion, is to keep it buoyant. And one way by which you can keep your business afloat is by ensuring a steady cash flow. A business can sail through highs and lows of profit generation, but it cannot survive an […]
