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 […]
Enhancement of the GST revenue collections considered as the ‘new normal’: FM
Finance Minister Nirmala Sitharam has commended the taxmen for the measures of implementation while dealing with GST fraud. On Thursday, she stated that enhancing the GST revenue collections should now be considered the ‘new normal’. On the occasion of the fourth anniversary of the tax reform GST, she sent a message to tax officers saying […]
The Importance of the HSN Code in Invoice
The sprawling nexus of trade worldwide involving umpteen products, services, manufacturers, traders, and service providers can get chaotic and out of hand if there’s no standardised system of classification. This is what necessitates a nomenclature system like the HSN code. What is HSN Code? HSN is the acronym for Harmonized System Nomenclature. This standardized, multipurpose […]
Why and How to Prepare a General Ledger
Accounting is the measurement, processing and communication of financial and non-financial transaction of business entities. Some also refer to it as the science and art of tracking monetary events. This measurement, processing and communication require numerous financial statements to be prepared from time to time for various purposes. It starts with preparing journal entries for […]