THE DO’S AND DON’TS FOR SUCCESSFUL GST COMPLIANCE
Its been nearly three years since the GST law was introduced in India. While many have managed to fall in line with this new regime of taxation, many are still struggling to do so. In addition, the government has been diligently updating the system, keeping the GST taxpayers on their toes to meet with the […]
6 Steps To A Successful Financial Audit For Businesses
Auditing is assessing a business’s financial statements to ensure that it maintains accounts reasonably. A licensed auditor not related to the business is authorised to conduct audits. An auditor inspects the company’s financial health by verifying all aspects of its financials. What is a successful financial audit? Assessment of internal controls, accounting practices and other […]
Solutions for small business owners to overcome their accounting challenges
Small businesses face many challenges and roadblocks while carrying on their day-to-day operations as compared to larger organizations that are well equipped to encounter them. Small business owners juggle between various tasks and thus accounting as a business function takes a back seat, which ultimately affects their business growth, profitability and survival. Some simple solutions […]
How Does Outsourcing Accounting Service Help Small Businesses?
The accounting function is very important for any business as it shows the true and fair picture of the position of the company at any point in time. This picture helps the company to set realistic financial goals and targets, ensuring there is no strain on the resources. However, there is always a strain on […]
The Top 10 Reasons To Outsource Your Finance & Accounting Requirements
The perks of outsourcing finance and accounting services are multiple. The common one beings save time, is a cost-effective method, etc. Today multiple small and medium-sized businesses are rendering this outsourcing services with confidence. What makes them trust these book-keeping services is exactly what our blog will cover today. Why Should Your Business Outsource Finance […]
Know the Importance of Bookkeeping for Small Business-A Detailed Guide
Bookkeeping is an understated yet crucial part of accounting and financial management. The role of bookkeeping is to record the financial transactions of a business. It is the stepping stone to making informed decisions regarding the sustainability and scalability of a business. That is why the former CEO and founder of Visa, Dee Ward Hock, […]
8 Core Benefits of Virtual Bookkeeping Services for Your Business
Bookkeeping is an indispensable activity in any business. It involves recording the various financial transactions and preparing the trial balance. This sets the tone for making correct business decisions. Thus, bookkeeping is a must, irrespective of the type and size of the business. The pandemic has changed the ways of the business world. The relevance […]
The Noble Alliance between IoT and Financial Services.
“Lo and Behold, let’s put our eyes together for the marriage of IoT and Finance!” – Said the God of Digitization Pondering whether or not such a god exists is futile, but discussing the amalgamation of IoT and Finance is inevitable. IoT has a huge role to play in empowering industries and sectors […]