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
Goods and Services Tax (GST), so far, is one of the most nuanced tax reforms implemented by the Government of India (GOI). The primary agenda behind introducing GST was to eliminate the rippling effects of various taxes applicable under the Value Added Tax (VAT),...
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...
by Groflex | Jan 26, 2023 | Briefly explained
The Goods and Services Tax (GST) regime has subsumed all the indirect taxes in the past few years of its successful implementation. However, the new tax calculation system has streamlined indirect taxes. The government has unified the current and previous tax systems...
