by Groflex | Jan 30, 2023 | Briefly explained
Prime Minister Narendra Modi launched the Goods and Services Tax (GST) at midnight on July 1, 2017. The implementation process has been in the making for nearly two decades since the concept was first proposed under the government of Atal Bihari Vajpayee. In the sight...
by Groflex | Jan 30, 2023 | Briefly explained
Accounting is the measurement, processing, and communication of financial and non-financial transactions of business entities. Some also refer to it as the science and art of tracking monetary events. This measurement, processing, and communication require numerous...
by Groflex | Jan 30, 2023 | Briefly explained
GST e-invoice has become a point of discussion among businesses and taxpayers in India. When any goods or services are transported from one place to another, the transaction is facilitated by filing invoices or e-way bills on the government GST portal. In the 35th...
by Groflex | Jan 30, 2023 | Accounting Software
As a small business owner, you must master the art of accounting at some level. Small business accounting is all about the process, system, and people (your team members). It is done by recording expenses, profits, and financial information of each business...
by Groflex | Jan 26, 2023 | Briefly explained
Stepping into the accounting field can be confusing at first with all the new terms to learn. Don’t feel left out in conversations, and don’t be left behind only because you aren’t sure what someone is talking about. Learn the basic accounting terms...
