The Goods and Services tax (GST) has been specified as one of most important tax reforms post-independence. It is a tax trigger, which will lead to business transformation for all important industries. In this article, we will discuss on Impact of GST on Accounting & Financial Statements. Impact of GST on Accounting There will be … Read more
Earlier, there was a myth that large businesses use the Management Accounting method to boost revenue by tracing the financial information. At present, many small and large companies are using Management Accounting. If you run a business, then you must be aware of the importance of Management Accounting to regulate your business effectively. Management Accounting … Read more
In simple words, bookkeeping records financial transactions relating to sales, purchases, payments, and receipts. The transactions can either belong to an individual or an organization. Bookkeeping is just one aspect of accounting services. In this article, we will discuss Reasons Why People Get Bookkeeping Services Online On the other hand, accounting services are much more … Read more
We all have heard many important financial terms about bookkeeping and accounting. These two play a crucial role in the success of any business. we will discuss all you need to know about accounting and bookkeeping, services and benefits related to it. Understand about Bookkeeping and Accounting Bookkeeping and accounting are the day-to-day records of … Read more
When it comes to business then, assessment of business accounts are important and necessary as well. Just to assess the business account, firms need to ensure that their organizations have the best accountant. An accountant is a person who provides Bookkeeping and Accounting Service. Here, we will be discussing liabilities in accounting. We will be also … Read more
Since COVID-19 became pandemic; it has affected and placed unprecedented stress on all sectors of the economy. This COVID-19 Pandemic hasn’t only affected the business field management, even well-established organizations, highly stable and performing companies against recession, now no more untouched. As a result, it impacts the Bookkeeping and Accounting services of any organization. In … Read more
Currently, the world is suffering from COVID-19 pandemic. This pandemic caused lockdown or house arrest across the world for individual safety. However, customers didn’t stop purchasing products, not from the physical market but online. Although post lockdown, people still prefer to purchase all necessary things online rather than offline, as the online purchase is safe … Read more
Small business accounting is an organized method which assists in maintaining track of the financial movements of a company. However, in an attempt to regulate accounting in-house, it is not uncommon for small businesses to make accounting mistakes. In this article, we will talk with the Accounting Mistakes That Put Your Small Business at Risk. … Read more