by Groflex | Feb 1, 2023 | Briefly explained
Invoicing is the preliminary step of receiving payment; an invoice is made for every product or service sold and supplied. The times when payments were processed mainly in cash and transactions were recorded in books are long gone. In order to combat error invoicing...
by Groflex | Feb 1, 2023 | How to
Traditional organizations still consider invoicing as a manual back-end operation. However, manually processing the invoice results in accounting risks. It includes: Late payments Time-consumption, Labor expenses Endless filing ...
by Groflex | Feb 1, 2023 | Accounting Software
The government of India has rolled out several tax reliefs and measures, concerning the impact of GST on Indian economy due to COVID-19. The GST council has implemented strict GST Invoice rules to curb tax evasion. E-invoicing GST is compulsory for businesses,...
by Groflex | Feb 1, 2023 | Briefly explained
The impact of the COVID-19 pandemic has transformed the way businesses operate around the world. The current pandemic is no different from the past; resembling the historical uncertainty index and its economic impact. While few small businesses are striving hard, many...
by Groflex | Jan 30, 2023 | How to
Don’t let a lack of finance drown your budding business. The success of a business is associated with hard work, dedication, and smart business operations. If you want to build your business at a low investment, all you need is a solid plan. It’s not money but...