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Accounting Advice

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Unlocking Efficiency with Link ID Assignment feature in RealBooks

In the dynamic world of business, keeping track of your financial data is essential. But with countless transactions occurring daily, maintaining accuracy and organization can feel like a constant struggle. Fortunately, RealBooks offers a powerful solution: the link ID assignment feature.   What is Link ID Assignment? Link IDs are unique identifiers assigned to individual …

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inter-branch-transaction

Inter Branch Transactions: Everything You Need to Know

In today’s interconnected business landscape, many companies operate through multiple branches or locations. While this expansion brings numerous advantages, it also creates the need for efficient and seamless transactions between these branches. This is where inter-branch transactions come into play. In this blog, we’ll talk about the basics of inter-branch accounting, why they’re important, and …

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How Multi Branch Accounting Software enhances business operations

How Multi Branch Accounting Software enhances business operations

Managing multiple branches could be very stressful and messy. Traditional accounting methods may no longer keep up with the demands of industries. However, this era offers many technologies to overcome these challenges and achieve enhanced operational efficiency. In this article, we will explore the key methods by which multi branch accounting or branch accounting enhances …

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RealBooks Approval Workflow The Hassle-free Alternative to Park & Post

RealBooks’ Approval Workflow: The Hassle-free Alternative to Park & Post

Approval plays a crucial role in verifying and certifying the authenticity of any document/entry in accounting. When a document passes through hands then they have a few more error scans which lead to the least errors and add more weightage to the document. But, isn’t the process lengthy? Is the appropriateness of the book not …

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Improve your Inventory Planning with RealBooks’ Stock Aging Analysis

Improve your Inventory Planning with RealBooks’ Stock Aging Analysis

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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Manage all your SKUs with RealBooks' Mulitple Price List Feature

Manage all your SKUs with RealBooks’ Mulitple Price List Feature

Volatility of markets may increase or decrease but the possibility of having a single price list for a complete financial year is nearly “0”. For this reason, the concept of multiple price-lists arises but the handling of multiple price lists and keeping a check on its applicability is a challenge. Arrival of advanced accounting softwares …

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Eliminate GST Return Filing Errors with RealBooks’ GSTR1 Exception Reports

Eliminate GST Return Filing Errors with RealBooks’ GSTR1 Exception Reports

Experts are not the one who makes mistakes; experts are those who not only make mistakes but also find ways to correct them in order to get the final resultant accurate. Not all errors are traceable manually, since in the sea of accountancy even the sharks are lost finding prey/errors. For making our sharks stress-free, …

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Save your Accounting Hours with RealBooks’ Dynamic Bank Import

Save your Accounting Hours with RealBooks’ Dynamic Bank Import

Manual bank entries for lakhs of your transaction are no less than the dinosaurs; both of them are extinct, one due to the advancement of time and other due to the advancement of technology. Bank Import via excel has been a great help to the accountants, but it has become the food of a mess …

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Speed up your data search process with RealBooks’ Advance Search

Speed up your data search process with RealBooks’ Advance Search

A Day Book is a book of original entry in which day to day transactions are recorded by accountants chronologically. Further, the transactions are transferred into a ledger and then summarized into a set of Financial Statements. For some, day book is a well but for many it’s a sea. Difficulty arises when you need …

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Fast track the invoicing process with RealBooks’ POS feature

Fast track the invoicing process with RealBooks’ POS feature

Every one of us must have surely visited a restaurant and have never received an A4 size invoice/bill ever. Rather at most places we get Thermal bills be it a fine dine, self-serve buffet or take away. Restaurant is just one such example, majorly all automated invoicing retail stores have the same thermal billing process …

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