What is cloud computing? Everyone has been talking about “the cloud.” But what does it mean? Cloud technology or cloud computing is encountering a rush of applications these days. It is not just a sudden shift from traditional software models to the Internet, it has been steadily gaining pace over the last fifteen years. Looking…
After a decade of debates, amendments, discussions, and varied opinions, India is all set for the implementation of GST Laws, which is a historic move by the government of India. The “One Nation, One Tax” is the core reason for the GST rollout. It is a simplified, yet mechanical system of taxation which always…
It was a Monday morning and I was responding to an important email on my laptop. One of our vendors had sent me an invoice couple of weeks back he was reminding me that its already overdue. I had a feeling that I already issued a payment and even got the receipt for it. I quickly…
If you have a business, you need accounting software to record your income and expenses. Ideally, this is the first piece of software you should purchase when you start the business. However, most business owners get one only when they need to pay taxes or apply for loans. So, how to choose the right accounting…
Mr. Gupta runs a retail shop in Mumbai. One fine day, when he started his computer to enter sales transactions, he was in a rude shock. He was unable to open any program and some casino advertisements with nude ladies were flashing all over the screen. His computer was infected by a virus and the worst part…
You must be coming across the term – Cloud Accounting very often these days and wondering what it is anyway. In simple words, its a new way of accessing your accounting software from the web browser without actually installing it. Its also referred to as online accounting. We already use such ‘online softwares’ delivered as services like…