purchase order blog

What Does a Purchase Order Contains and How Does It Work?

Every business has two primary parties, a buyer and a seller, regardless of the industry. A company keeps track of its inventory and sales…

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How does a Purchase Order Work?

Every business has two primary parties, a buyer and a seller, regardless of the industry. A company keeps track of its inventory and sales…

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What is Inventory Carrying Cost And How to Calculate It?

Inventory primarily occupies the current asset position in a company’s balance sheet. It is generally the most substantial portion of current assets. This stock…

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Balance Sheet

What is Balance Sheet? What are the Different Components of a Balance Sheet?

The balance sheet is a statement that reflects a company’s financial position at the end of the accounting year. The components of a balance…

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cash flow management for small business

5 Effective Cash Flow Management Techniques for Small Businesses

One of the most common problems for start-up companies is cash flow management. Proper Cash flow management techniques can help both struggling, slow growth…

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erp-accounting-difference

4 Main Differences Between ERP And Accounting Software

Business Management Software has undergone a lot of changes and upgrades. Every big organization is looking for including Enterprise Resource Planning software. Since long…

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accrual-vs-cash-accounting

Different Accounting Methods: Accrual vs Cash Accounting

Accounting Methods Accounting is essential for businesses to not only know their net worth or P&L but also the revenue and the expenses.  Cash…

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accounting in virtual reality

How Virtual Reality Is Impacting Accounting In Different Ways

In recent years, the field of accounting and finance has seen many technological innovations. These innovations have played an essential part in assisting finance…

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accounting-tips

Top 5 Accounting Tips Every Freelancer Should Follow

Accounting tips for Freelancers !! Being a freelancer is no mean feat these days as they are not only an employer but also an…

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Best accounting trends for 2019

5 Best Accounting Trends To Watch In 2019

The year 2018 has almost reached its culmination, and there have been many technological developments in every field including accounts. Businesses all over the…

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essential invoice elements

16 Must Have Elements Your Tax Invoice Should Have

Introduction to Invoices: Commercial operations cannot be run in India without provision of a tax invoice. An invoice is a proof of sale and…

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business valuation

What is Business Valuation and When do Businesses Need it?

A business valuation indicates the economic value of a business or in simple terms, its market worth. Usually, business valuation is a preferred tool…

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