online bookkeeping service

Top Free Invoicing Software

Top 9 FREE Invoicing Software   Invoicing explained Invoices are a critical element in business. In simple words, it is a commercial document that itemizes and records a transaction between a buyer and a seller. An invoice tells your client how much they owe you, when the payment is due and what services you provided.…

Krishi Kalyan Cess

How To Setup Service Tax

Setting up Taxes in ProfitBooks is easy. Just to go Accounting menu and click on Taxes. In this article, we’ll explain how to setup Service Tax, Swacch Bharat Cess and Krishi Kalyan Cess:   Important Notes Here is a quick calculation for new service tax rates that is effective from 1st June 2016. Taxes are…

Invoice-fields

How to create an invoice

ProfitBooks makes it very easy to create beautiful invoices. Lets see how to create an invoice for the first time. With ProfitBooks you can create 3 types for invoices: Credit Invoice (Used when the payment is expected in future) Cash Invoice¬†(Used over the counter sales) Time-Based Invoice¬†(Used for billing against tasks) Lets¬†see how to create…