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Category Archives: Accounting Basics

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top accounting firms

Top Accounting firms in South Africa for Small Businesses

Accounting BasicsBy Anusha JainFebruary 6, 2020Leave a comment

Top Accounting firms in South Africa for Small Businesses   Accounting is one of the essential services of any business, be it small or big. Businesses are often forced to spend a lot on the accounting department. There are various approaches that a business can take when it comes to their accounting needs. It is…

top accounting firms

Top Accounting Firms in Australia for Small Businesses

Accounting Basics, Service IndustryBy Anusha JainFebruary 5, 2020Leave a comment

Top 8 Accounting Firms in Australia for Small Businesses     Accounting is one of the essential services of any business, be it small or big. Businesses are often forced to spend a lot on the accounting department. There are various approaches that a business can take when it comes to their accounting needs. It…

top accounting firms

Top Accounting Firms in UK For Small Businesses

Accounting Basics, Service IndustryBy Anusha JainFebruary 4, 2020Leave a comment

Top Accounting Firms in UK For Small Businesses   Accounting is one of the essential services of any business, be it small or big. Businesses are often forced to spend a lot on the accounting department. There are various approaches that a business can take when it comes to their accounting needs. It is a…

top accounting firms

Top Accounting Firms in US For Small Businesses

Accounting Basics, Small Business GuidesBy Anusha JainFebruary 3, 2020Leave a comment

Top 8 Accounting Firms in US For Small Businesses   Accounting is one of the essential services of any business, be it small or big. Businesses are often forced to spend a lot on the accounting department. There are various approaches that a business can take when it comes to their accounting needs. It is…

crunch.co.uk and bench.co software

Case Study On Crunch.Co.Uk And Bench.Co

Accounting BasicsBy Anusha JainJanuary 30, 2020Leave a comment

Case Study On Crunch.Co.Uk And Bench.Co             Introduction In the 21st century, everything is influenced by technology. It would not be wrong to say that learning technology and all its aspects are an absolute must for everyone today. Technology has not left any industry unexplored, and the digital era has…

online bookkeeping service

Top free accounting software in Australia

Accounting Basics, Small Business GuidesBy Anusha JainJanuary 21, 2020Leave a comment

Top 8 FREE Accounting software in Australia                             What is an accounting software? An accounting software is a type of software that assists bookkeepers and accountants in recording and reporting a firm’s financial transactions. With recent technological trends, accounting software has become an…

Advance Payments

Guide On Advance Payments

Accounting BasicsBy Amrita PandeyMay 29, 2018Leave a comment

An advance payment is paying a part of the payment to the seller before the work begins. It has become a norm while taking up large projects.   Small businesses deserve an equal opportunity at work. But they may not have the financial backing to undertake large projects. And here’s where advance payment comes into action.…

Difference between direct and indirect expenses

Difference between direct & indirect expenses

Accounting Basics, ExpensesBy Harshal KatreApril 24, 2018

  Running a business is not easy. With the economy on a downward spiral, it has become even more challenging to make ends meet. Every penny spent needs to be turned over twice before it is paid out. The goal of any business, after all, is to make money. Keeping tight reigns on your business…

Penalties And Appeals In GST

Penalties And Appeals In GST

Accounting Basics, GST, TaxationBy CA Mohnish KatreMay 31, 20174 Comments

Being a destination based, transaction wise tax, Goods and Services Tax or GST, ropes in strict compliance procedures for all the taxpayers or people falling under the gamut of the same. Since every transaction is being recorded and tracked between the source and destination, it is obligatory for the taxpayers to maintain and declare information…

What is Fixed Asset

What Is Fixed Asset

Accounting Basics, General Accounting, Small Business GuidesBy CA Mohnish KatreMay 12, 20174 Comments

It’s been few years since you are running this business. You are about to end this financial year and now you want to know – What is my actual business worth? Most small business owners consider only revenue while assessing their business worth. However, they rarely consider one fundamental thing in the calculation – Fixed Assets. An example of…

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