.jpg)
Sort By
October 25, 2024
What Is Direct Tax? A Comprehensive Guide To Direct Tax
Before I tell you something about direct tax, I just want to know what concepts come to your mind when you hear the term Direct tax. Most of the time, people think about monetary transactions, government officers who collect taxes, and financial headaches to pay off the taxes. Now, if you find the concept of […]
October 18, 2024
SAP FICO Vs SAP HANA: Which One Is Better
SAP FICO vs SAP HANA is a debatable and mind-boggling topic among the students. They often get confused about which course they should choose to proceed in their career. So, in this article, you will get the complete clarification of these facts. You need to get through the core differences between the two courses to […]
October 11, 2024
Tally Prime vs Tally ERP 9: Learn Extra In Tally Prime
TallyPrime vs Tally ERP 9 is a matter of discussion among the students now which is better for them. Now, in this article, you will learn why TallyPrime is better than Tally ERP 9. What differentiates them is a billion-dollar question. Students often get confused between TallyPrime and Tally ERP 9. Now, if you know […]
August 23, 2024
Accounts Payable Process in SAP: Step by Step Guide
Do you find it complex and time-consuming to explore managing accounts payable? Try SAP Accounts Payable to chase away your problems. In this blog post, we will talk about the Accounts Payable Process in SAP and how it can assist you in transforming your business’s financial operations. The following are ways through which SAP Accounts […]
August 16, 2024
Capital and Revenue Transactions: Understand the Basics
Have you ever wondered why certain business expenses are treated differently from others? The answer lies in the fundamental distinction between capital and revenue transactions. In this blog we are going to understand why it is essential to segregate between capital and revenue transactions to recognize business assets at the end of the accounting year. […]
August 9, 2024
Master Key Accounting Concepts and Conventions: Essential Guide for Financial Clarity
You can see that numbers and technical terms are often associated with accounting, making it look very complicated, but for businesses it is a way they use to reveal their financial situation. These transactions are done as per basic principles that govern until they are recorded, organized and generalized. Here the use of the accounting […]
July 26, 2024
Career in Management Information System: Insights, Scope, Opportunities
Presently, the era of technology has made it inevitable that data is like the blood line for business to function. Small companies as well as big multinationals do not stop calling upon information gathered from data in order to estimate future events in their field, be more effective and make wise choices about distinct matters […]
July 19, 2024
Vendor Reconciliation in SAP: Definition, Steps, Scenario, Advantages
In today’s fast-changing business world, keeping accurate financial records is crucial. Vendor reconciliation is essential in ensuring that financial data is true and fair. Reconciling vendor statements is one way a business can make sure that what the vendor has charged is accurate and correct when compared with the things they supply, keep in stock, […]
July 12, 2024
GST Reconciliation in Tally Prime: GSTR 2A – 2B – 3B Process Made Easy
Are you a business owner and facing difficulty in reconciling GST? Don’t worry, Tally Prime, a well-renowned accounting software, has resolved this issue by introducing GST reconciliation in Tally Prime. It’s an important task for every business to reconcile GST details and ensure that the financial records match with the data reported to the GSTN […]
July 5, 2024
MIS in Tally Prime: Turn Data into Actionable Insights
Managing the entire company’s information, financial data, accounting data, and other miscellaneous information is a big challenge. However, for businesses that use Tally, the task becomes easy. Yes, MIS in Tally Prime bridges the gap between large data sets and actionable insights and empowers businesses to make strategic decisions. MIS report in Tally Prime allows […]
June 21, 2024
Multi GST in Tally Prime: Effortless Multi GST Handling
In today’s complex business structure, where most companies serve in different states or deal with varying product types, they have to work with multiple GSTINs. To make the process easy for businesses with multi GST, Tally Prime introduced the feature of multi GST in Tally Prime. Tally Prime is the most powerful accounting software that […]
June 7, 2024
Purchase Order in Tally Prime: Manage Inventory & Expenses
Every business, whether a small-scale industry or a big player, needs a robust inventory management system to operate smoothly. To meet the demand of the customers, Tally Prime has come up with its most renowned feature, the purchase order in Tally Prime. A purchase order (PO) is a document used to communicate the objective and […]
May 10, 2024
Income from House Property: A Taxpayer’s Guide
In India, if you own a property that is rented or generates any income, you have to pay taxes on its income. The income generated from this source falls under Income from House Property” as stated in the Income Tax Act 1961. This blog post aims to clarify the concept of income from house property […]
May 3, 2024
Chart of Accounts in Accounting: Structure, Benefits, and Examples
Strategic Business Plan with Accounting Records plays a vital role in business growth. For better accounting, there are certain procedures which needs to be followed properly. Accounts should be properly organized and categorized simply we can say there should be proper chart of accounts. Are you confused with the term charts of account in accounting? […]
April 26, 2024
Payroll in Tally Prime: Process, Flow Chart, Features
In today’s business landscape, managing employee payroll accurately is important for smooth operation. But Tally-Prime has resolved this issue by introducing payroll in Tally Prime. Now, whether you are running a small or medium business (SMB), Tally Prime accounting software can be a game-changer. This blog will explain to you the complete process of payroll […]
April 19, 2024
Power of Audit Trail in TallyPrime
Financial data integrity is paramount for any business. In today’s digital age, maintaining a clear and auditable record of transactions is more important than ever. This is where the Audit Trail in TallyPrime comes in. Table of Contents What is an Audit Trail? Why is an Audit Trail Important? Using the Edit Log in TallyPrime […]
April 12, 2024
Structure of GST in India: Types, Rates, 4-Tiers Tax
On July 1st, 2017, the Goods and Services Tax (GST), was introduced in the Indian tax system. The main motive behind this is to streamline the complex tax structure of the state and central government and create a more transparent tax system. In the complete structure of GST in India, there are many things to […]
March 15, 2024
Top 25+ Shortcut Keys For Excel: Work Like A Pro
Microsoft Excel is the most used and renowned data-handling tool for most professionals who deal with bundles of data every day. To make the work easy for our data analyst, we have compiled all shortcut keys for Excel in a single place. Yes, our spreadsheet warriors and data enthusiasts can use all these Excel shortcut […]
March 8, 2024
Company Creation in Tally Prime: From Start to Success
In today’s fast-growing market, if businesses want to grow consistently, their accounting foundations must be strong. Tally Prime, a leading accounting software, builds this foundation for businesses by performing all accounting tasks. Businesses can perform everything from company creation in tally prime to reconciliation, GST filling, and much more to strengthen financial health. This blog […]
February 23, 2024
General Ledger Accounting: Financial Management Guide
In the world of finance, maintaining a well-structured, accurate report is not only necessary but also important for tax compliance. Whether it’s a small-stage startup or a big business for managing finances, they all depend on the General Ledger Accounting system. If you are new to the accounting world or need to learn about general […]
February 9, 2024
GST Registration Process: Steps, Requirements, Status Checks, Benefits
The introduction of the Goods and Services Tax (GST) tax system in India brings lots of transformation in the indirect tax structure. The core component of this is the GST registration process for businesses to become a part of this transformative regime. To make the complete process of new registration of GST easy to understand […]
February 2, 2024
Procure-to-Pay Process: Meaning, Steps, Benefits Explained
In today’s fast-growing digital world, businesses have to work smartly to save time and money. Businesses that genuinely want to grow with this technique have to make their operations easy, from buying stuff to making payments with the help of the procure-to-pay process. Ready to dive into the world of the P2P process? Great! This […]
January 26, 2024
Data Visualization in Excel: Creating Impactful Visuals
Today’s dealing with bundles of numbers can be a boring task. But don’t worry anymore. Now it’s too easy to deal with numbers in a more engaging way through spreadsheets. It tells your complete story through charts, bars, and graphs, and that’s called data visualization in Excel. In this guide, you can learn how numbers […]
January 19, 2024
SAP Supply Chain Modules: Empowering Businesses Operations
In today’s fast-moving world, to run a business smoothly, you need a supply chain that’s quick and smooth. The different SAP Supply Chain modules are superheroes for your supply chain management. It helps businesses to work seamlessly with maximum efficiency. Let’s dive into it and see how SAP modules for supply chain management can bring […]
January 12, 2024
Zoho Books Features: Transforming Financial Management
In today’s fast-moving digital business world, where everyone is looking for smart software to manage business operations, Zoho Books’ accounting software is great. Zoho Books features are like equipping your ship with high-tech navigation features. Zoho Books is a cloud-based accounting software that acts as your companion in managing financial crunches. Zoho Books’ features are […]
December 22, 2023
Input Tax Credit under GST: Eligibility, Claims and Process
The introduction of Goods and Services Tax (GST) in India brings major changes in the tax system with its multiple features. One of the most important features is input tax credit under GST. Input Tax Credit in GST reduces the “tax on tax” problem and makes the complete tax system more transparent and efficient. This […]
December 15, 2023
SAP Order To Cash Process: Optimizing Financial Flows
In the digital sound world where everything is going online, especially the trend of online shopping, the SAP Order to Cash process acts as a boon for businesses. The SAP OTC process manages everything from when the customer places an order until the company receives payments. This system has completely revolutionized the business process with […]
December 8, 2023
E-way bill in GST: Your GST Transportation Companion
The Goods and Services Tax (GST) by Govt. of India has completely reformed India’s taxation system into a more efficient and transparent system. Many new features were introduced within it and one was the implementation of the E-Way Bill in GST. Digital documentation that is designed to manage and regulate the movement of goods across […]
November 17, 2023
Mastering Balance Sheet Statement: From Assets to Equity
In the complex world of finance, where numbers intertwine in a delicate dance, the balance sheet statement emerges as a beacon of clarity, providing a comprehensive overview of a company’s financial standing. It transcends a mere financial statement; it’s a story, a narrative woven from assets, liabilities, and equity. In this exploration of the balance […]
November 3, 2023
Indian Financial System and Markets: Pulse of Indian Finance
The development of a nation’s economy is shown by the progress of different economic sectors. These sectors are widely classified into Corporate, Government, and Household Sectors. There are areas or people with extra funds and there are those who don’t have surplus funds. This is where the role of an Indian Financial System and markets […]
