by Groflex | Feb 1, 2023 | Accounting Software
The beginning of a supply chain starts with a purchase order. GrofleX helps in automation and speeding up Purchase orders. The efficiency of the purchasing team plays a vital role in Inventory Management for the entire supply chain. The mistakes causing the firm to...
by Groflex | Feb 1, 2023 | Briefly explained
Inventory Management or Supply Chain Management has evolved a lot throughout the years, thanks to the advent of advanced technologies like Automation, Data Analytics, IIOT, and Artificial Intelligence. The sudden pandemic of Covid-19 struck businesses heavily due to...
by Groflex | Feb 1, 2023 | Briefly explained
As per the notification issued by the GST authorities in October 2020, the HSN codes are now mandatory on all invoices. According to this new regulation, GST authorities mandated the HSN code on all tax invoices from 1st April 2021. The official statement made by the...
by Groflex | Feb 1, 2023 | Accounting Software
Accounting is a comprehensive process of recording transactions. It portrays financial data that help readers draw conclusions and make business decisions. Accounting procedures are incorporated with standardized guidelines for disciplined execution. These guidelines...
by Groflex | Feb 1, 2023 | Briefly explained
GST invoice is tax compliance issued on the supply of goods or services by a taxable business or person registered under the GST policies of India. GST invoice format is a sequential arrangement of information; the standardized format is followed by suppliers while...
