Accounting is the most significant aspect of the day to day operations of businesses in India. It is required for maintaining various accounts of the business, recording its income, expenses, profits and losses in different financial years. Based on this basic accounting, businesses prepare their financial statements, analyse their financial status, and determine their tax liabilities. Moreover, accounting is required to prepare payrolls for employees and determine the profit share to be received by investors.
Businesses are in desperate need to migrate from Quickbooks after its recent announcement that it would shut down its business operations in India by the beginning… Read More »Migrate From Quickbooks India to Zoho Books
The Bank Statements of your business is the foundation based on which books of accounts are prepared. However, a Bank Statement with no proper remarks… Read More »How to Record Bank Transactions of Startup
The financial statement of the company is required to be prepared in compliance with the accounting standards issued by the central government and as per schedule III… Read More »Accounting Standard as Per Companies Act 2013
How Indian Companies Will Benefit From New Accounting Standards After the implementation of new Indian Accounting Standard (Ind-AS), TATA Steel, Maruti Suzuki, Ultra Tech, BPCL,… Read More »How Indian Companies Will Benefit From New Accounting Standards Ind-AS
Tally based bookkeeping – Tally ERP 9 is very detail and advanced accounting software yet it retains its simplicity of operating it, the entire interface… Read More »Tally Based Bookkeeping
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