What is an audit? An audit refers to the independent investigation of any entity’s financial information, whether profit-oriented or not, regardless of its size or legal form when such an inspection is undertaken with the intent of expressing an opinion on it. In simple words, an independent party inspects your financial reports to check all …
Audit Reports- A Comprehensive Guide for New Business Owners Read More »
What is Cloud Accounting? Cloud accounting or cloud-based accounting or web-based accounting is the application of accounting as software as a service using the internet and cloud. Earlier accounting was usually spreadsheet or manual-based. But today accounting is widely used on mobile and internet devices and this transformation gave rise to cloud accounting. Online accounting, Web-Based accounting, …
What is Cloud Accounting? How Cloud Accounting Benefits Small Businesses? Read More »
Due to the pandemic, people have found ways to collaborate in a geographically decentralized manner. Evidently, work-from-home has become a culture. It also opened our eyes to the fact that the majority of the tasks don’t really require the need to be in the workplace. With proper tools and software in place, a handful of …
How to manage accounting in a hybrid workspace in 2021 & Beyond? Read More »
Filing ‘e-way bill‘ is common on GST portals to facilitate transporting of goods from one place to another. Similarly, the GST council introduced the system of e-invoicing for specific categories of people. E-invoicing is not a feature to generate invoices on the GST portal but it requires submitting an already generated invoice on the portal. …
GST E-invoicing On An Accounting Software – How It Is Beneficial For Your Business? Read More »
It has been constantly talked about now but 2020 has indeed been a year of adjustments for all of us. And the trend did not stop there. It continued in 2021, and for all we know, this digital revolution is only going to expand further. Almost all companies have downsized, decentralized, and adopted online facilities …
Is Your Accounting Software Suitable For Work-From-Home? Read More »
What is an Accounting Software? Accounting software is basically a GST software package that usually manages all financial accounting and planning for a business. Any business either small or large uses accounting software for invoicing, sales and purchases, inventory management, tracking incomes and expenses, and taxation such as GST or VAT. However, accounting software is …
Accounting online and advances in technology have aided in transforming businesses and industries rapidly, over the past few years. While these transformations are evident, accountants are already using several digital tools to optimize processes. India is still in the phase where people use papers extensively for day-to-day activities. Though there is a wave of digital transformation …
How RealBooks can help to Kick-Start your Accounting Online? Read More »
