Billing
If your business accepts payments from customers or clients in cash, a cash receipt must be an integral part of your daily affairs. Keeping...
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Cash vouchers are vital in facilitating financial transactions and tracking expenses for firms and organisations. Cash vouchers are valuable instruments for recording and monitoring...
When a company purchases goods or services, there may come a time when they need to return them due to various reasons such as...
Bills payable are short-term debts that a company owes to creditors. A company’s balance sheet is a financial statement that provides a snapshot of...
“Are you a small business owner in India looking for ways to reduce your tax burden and invest in your company’s growth? Have you...
Profit maximisation and wealth maximisation are two different approaches to business. The main focus for any business is profit maximisation, but many people need...
What is Meesho? Meesho is the biggest and most reputable reseller marketplace in India. It is an e-commerce platform where resellers can sell products...
What is letter of credit? A letter of credit, or LC, is a legal document that ensures the buyer will pay the seller. It...
What is a Bill of Supply? A company that is GST-registered sends the purchaser a tax invoice. Such an invoice specifically states the GST...
The Indian government has introduced the QRMP plan to make it easier for small business taxpayers to file taxes. What is the QRMP scheme?...
Definition of DSO Days Sales Outstanding (DSO) measures the average time it takes a business to get payment from a client after a transaction....
If your business accepts payments from customers or clients in cash, a cash receipt must be an integral part of your daily affairs. Keeping...
Accounting is essential for all business organizations. If you even own a small business, you must do accounting to record all the business transactions...
Computerized accounting software is a solution to account management with the help of which one can evaluate the financial performance and profitability of various enterprises....
This is a guide that includes information regarding cloud accounting. Before we move on to cloud accounting, let us first see what a cloud...
Very often in businesses, words like stock and inventory are used interchangeably. They are both used in the context of the products that the...
Car rental service is one business that has to deal with clients for different periods ranging from a few hours to a fortnight. As...
This article is all about the various facts of manufacturing accounting which you will see further. When it comes to accounting for a manufacturing business, it...
Every business needs to generate multiple sales invoices every day. A sales invoice generates debt on the part of the buyer and helps the...
As a service provider, providing a professional service is not the end of your job. As a business in the services industry, your billing...
An invoice or a receipt is an important thing when you shop for something. You will receive a receipt when you purchase a product...
Why are you wasting your time finding out how to make professional invoices for your clients if you have an eye for beauty as...
Transportation invoice templates that drive your growth! Whether you are a local transportation business or a company that ships goods across the nation, timely...
Accounting is a way of keeping track of a company’s financial transactions. Like other disciplines, accounting has a set of rules by which it...
An accounting system is a method used to manage the financial activities of a business including income and expenses. Every business keeps an accounting system so...
An accounting partner is none other but an accounting professional who works as an employee for small companies. However, sometimes accounting partners can also be referred...
Major Bookkeeping & Accounting Differences The functions of bookkeeping and accounting are distinct, mainly because they are performed by different groups of people. Generally,...
What is Inventory Control? – All You Need To Know About Stock Control Inventory control incorporates many functions such as purchasing, shipping and receiving,...
Invoice discounting is nothing but the practice of letting businesses use unpaid invoices to get short-term business loans and fulfil their various operating expenses. It...
Invoice processing is the whole method for handling a supplier invoice, from its receipt to when it is posted in the system of ERP...
Let us first learn what accounting is. We can define accounting as the method of combining all the financial information to make it clear...
What is Inventory Management? Inventory management is an efficient way to deal with sourcing, putting away, and selling inventory—both raw materials (parts) and finished...
A sales invoice is considered an essential and important part of the accounting cycle of every business. A sales invoice template is nothing but documentation that...
Custom Bill Book Looking to build your professional brand with custom bill books? Every bill book format on the myBillBook software is curated to...
Well, what are GST invoices or Export GST Bills? Export GST Bill is an invoice formed to export or supply goods as well as...
Hotel Invoice Template – Do you run a hotel? Are you always swamped with guests checking in and out and the process taking most...
Business accounting is an organized system for recording, analyzing, interpreting, and presenting financial information. There are three basic activities in business accounting which are identifying, recording,...
What is an Invoice? An invoice is a commercial document generated by the seller that lists items sold or services provided and their quantity...
Do you feel like your business needs some new receipt templates? With myBillBook, you can choose from multiple bill receipt templates. Customise your receipts...
What is an Accounting Voucher? An accounting voucher is a record that acts as a supporting document to the entries recorded in the accounting...
The double-entry system of bookkeeping is a system in which each transaction is recorded in at least two accounts. This system provides a more...
Credit Note Meaning A credit note, a credit memo, or a credit memorandum is a document issued by a seller to a buyer acknowledging...
What is Inventory Valuation? Inventory valuation is the method to determine the value of the unsold stock at the time of preparing financial statements....
Businesses having multiple outlets or operations at different places might be well aware of a delivery challan or delivery challan format. But issuing a...
What is a Debit Note? A debit note is a document a seller uses to remind a buyer of existing debt or one that...