From Excel To RealBooks -Transfer Your Accounting Data with the Excel Import Add On! On a day to day basis, you’ll come across hundreds of transactions where you’d need to create various ledgers and masters for debtors, creditors or items. Entering them into the system one by one can be quite a cumbersome task given …
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Procurement is at the heart of your business activities. How much your business spends and how often it does that is one of the essential key performance indicators as it reflects productivity and efficiency of your day to day operations. The activities related to procurement involve a certain set of steps that happen every cycle. …
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Instead of juggling between deadlines, Get your reports on time! A vast number of reports are generated on a regular basis. It can be chaotic when there’s a large number of reports lying on the desks. The pressure piles on when one needs to remember when each report has to be mailed to the Seniors …
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Inventory Management Made Efficient with RealBooks The stock in your inventory is the major aspect of your business’ cash inflow. So it\’s needless to say that tracking their shelf life becomes vitally important. No one wants goods that have become obsolete. Keeping a close tab on how long your stock sits in your inventory will …
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Since the enforcement of E-invoicing in October 2021, many changes occurred in the E-invoice generation process. Initially, it was made mandatory for businesses registered under GST with an aggregate annual turnover of more than Rs.500 crores, which was then reduced to Rs.100 crores in January 2021, Rs.50 crores in April 2021, Rs.20 crores in April …
Tax Deducted at Source (TDS) was developed by the Indian Income Tax Department to collect tax from all sources of income. It is the amount deducted from a person’s income and remitted to the Central Government by an authorized deductor. It is an advance tax and is totally a deductor’s (the one paying an income …
Traditional accounting is a thing of the past. Businesses are getting smarter by taking on the cloud and ditching almost all the physical aspects that limit their potential. If the lockdown has taught us anything then it’s the simple fact that relying on office computers is no longer a feasible option. We need to make …
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How well are you managing your bills? Bad debts are inevitable. Ensuring your customers pay their bills on time still remains a challenge. To help you keep track of which bills are still unpaid and for how long, a Bill Aging report is prepared. Simply put, bill aging helps you to analyze which clients are …
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Have you ever questioned yourself – How efficient is your sales cycle? Sales are the essence of your business. It’s why you do business in the first place- to provide value through your product or service. It is a prime indicator of your business profitability. Needless to say, efficient handling of your sales cycle becomes …
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We cannot stay on top of all the changes that take place in our books. Employees cannot be expected to communicate every change that they make, as it is a hit on their productivity. This adds to the risk of incorrect or tampered entries. So, there is a need for a system that alerts you …
Track key changes in your business with a Notification add-on! Read More »
