“Close Book” is an important part of financial year-end procedures for every business. # So, what is this “Close Book”? “Close Book” is the accounting process where you clear your previous year account balances (of the income and expense accounts/ payments and receipts accounts) and you start fresh again!!! # Why “Close Book” Is Important For Your Business? 1. Doing… Read More »5 Reasons Why It Is Important To Close-Books Of The Financial Year & How?

# – Share Products/Services Online With Image A product image is important, as it creates a good impression on the buyer. An image enhances the product description which makes it easy for the Customer to appeal you and save your time. A buyer closely checks the product images by zooming them, these images give them an idea of how it… Read More »Latest Update – Now Share Products Online In One Click With Updated Feature

GSTR-9 is an annual return form to be filled by every taxpayer. Struggling with GST reports? Confused about how to generate it? Supposed to file GSTR 9 before the deadline, but do not know how? Worry Not! All you need to know about GSTR 9 is here. [*Latest Update as on 14th March 2020] In the 39th GST council Meet the Govt. has extended the… Read More »What is GSTR-9? Who Should File, How to Generate, How to File & Due Dates

Have you ever thought “Why rich stay rich and poor stay poor?” Well, the answer is money management. Earning money will not make you rich. No matter how much you earn, if you don’t put it into good use then it is like filling a bottle with a hole, it will never be full, no matter how much you fill.… Read More »5 Easy Ways To Maintain Your Wealth

All you need to know about “Know Your Supplier” scheme All you need to know about “Know Your Supplier” scheme “Know Your Supplier” scheme under GST came out in a recent GST council meeting held in Delhi headed by Union Finance & Corporate Affairs Minister Nirmala Sitharaman. What is the “Know Your Supplier” Scheme?The new facility called “Know Your Supplier”… Read More »How “Know Your Supplier” Scheme Under GST Will Work For Taxpayers?

39th GST Council meeting held on 14th March 2020 at New Delhi. Smt. Nirmala Sitharaman the Union Finance Minister chaired this meeting and she was expected to rationalize tax rates on five sectors, including mobile phones, footwear, and textiles, and defer implementation of the new return filing system and e-invoicing. Here are the Highlights of 39th GST Council Meet:  … Read More »Latest GST News – 39th GST Council Meet Key Highlights

1. Find out the more accurate and complete list of expenses you are spending the highest money on. It helps to measure & control unexpected expenses.2. Keeping expenses under check making it easier to look for possible fraud made by employees filling the reports and the accounting staff. 3. Having faster reports provides the opportunity to verify whether the expenses made… Read More »4 Reasons To Keep Your Business Expenses Under Check

Struggling with GST reports? Confused about how to generate it? Suppose to file GSTR 3B before the deadline, but do not know how? Worry Not! All you need to know about GSTR 3B is here. What is GSTR – 3B? GSTR-3B is a monthly self-declaration return. It has to be filed by every GST taxpayer. GSTR3B is a summary return of… Read More »Latest GST News – What is GSTR 3B? Who Should File, How to Generate, How to File & Due Dates

1. Find out which items are your highest selling items. Often you can ask for Offers / Deals to suppliers of these items. It helps to boost customer engagement and business Profitability. 2. Find out which items are your least selling items. These items can be a reason for the loss in business. Take feedback on these items from customers and… Read More »Why Tracking Most / Least Sold And Purchased Items Is Important for your Business?

1. Find out which items are mostly in demand by your customers. If it is not delivered on demand, they might purchase it from somewhere else.2. Assure your customers that their time is important for you by delivering the items on time.3. Ensure that all the items you deal in should always be available in stock according to Demand &… Read More »Losing Customers Regularly? Know Why and How To Avoid It