April 27, 2023
A way for an organization to recognize and make sure the profits it makes can fund its essential business activities is by creating Profit Centers that can c...
Profit center, Cost center
April 20, 2023
The franchise model is considered to be the best investment model through which a brand could be served by a franchisee with the consent of its owner or fran...
franchisee, Franchisee owne...
April 18, 2023
An accounts receivable ledger is an accounting ledger that displays each customer's transaction and payment history to whom the company lends credit. The sub...
Accounts receivable ledger,...
April 11, 2023
Branch accounting is defined as a bookkeeping system or an accounting system that is maintained in each branch of an organization. These accounts are designa...
Branch accounting, Accoxi b...
April 04, 2023
The process of bank reconciliation is a crucial activity that is vital in finance and accounting. Ensuring that the recorded balances of your firm and the ba...
Bank reconciliation, Financ...
March 15, 2023
Accounting software that is hosted on a remote server is referred to as cloud accounting software, online accounting software, or web-based accounting software
Cloud accounting software,...
March 09, 2023
Recent POS software helps businesses like restaurants and retailers integrate mobile POS features, contactless payment alternatives, e-commerce integration c...
POS, POS system
March 06, 2023
Every business is in need of an organized accounting where all transactions and accounting details can be handled effectively. This can be managed precisely...
Audit trail
February 13, 2023
According to the new budget highlights of 2023, the previous tax system has not changed. Though the new tax system will take precedence over all others, the...
GST, budget highlights 2023
