by Groflex | Jan 17, 2023 | Briefly explained
The COVID-19 pandemic has led to a set of unfortunate outbreaks in the Indian economy. Economic activities had come to a standstill due to the nationwide lockdown imposed by the government. The impact prompted the government to change tax calculations to provide...
by Groflex | Jan 17, 2023 | Accounting Software, Briefly explained
Inventory is the lifeline of every business which helps in the smooth functioning of business and meeting the need of customers. The effective management of your inventory determines the success of your business. The importance of managing your inventory should be a...
by Groflex | Jan 16, 2023 | Accounting Software
The process of using internet technologies such as your smartphone or web browser to function in business accounting is called online accounting. The purpose of online accounting is to replace spreadsheets, manual accounting that is paper-based, and other traditional...
by Groflex | Jan 16, 2023 | Accounting Software
A Goods and Service Tax invoice is a commercial bill of sale issued by the sellers to recipients of products or services. According to section 31 of the CGST Act, it is mandatory to issue tax invoices for any goods or services supplied. The GST law has specified rules...
by Groflex | Jan 16, 2023 | Accounting Software
Any kind of delay in payments can put any business at risk. It is most important to generate and send invoices to customers online. Along with it, the timely payment of bills by clients brings efficiency to the billing process. It is a confirmed success key for any...
