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 | E-invoice
The central board of Indirect taxes and customs (CBIC) issued a notification. It made it mandatory for businesses with turnover over 50 Cr in any fiscal year from FY 2017-18 onwards to issue e-invoices for all B2B transactions from April 1, 2021. It came in as the...
by Groflex | Jan 26, 2023 | Accounting Software
An online quotation creator is an excellent tool for businesses to upscale their chances of getting compensated. Have you ever wondered how you could use an online quotation maker to market the goods and services your business offer? Amidst the ongoing COVID-19...
by Groflex | Jan 24, 2023 | Briefly explained
The payment of Goods and Services Tax (GST) online has made tax payments easy and transparent. As a registered taxpayer of GST, you have access to three electronic ledgers, i.e. electronic liability ledger, electronic cash ledger, and electronic credit ledger. The...
by Groflex | Jan 19, 2023 | Accounting Software
Small businesses in India are increasingly transiting to the Goods and Services Tax (GST) regime. GST accounting is a more comfortable and cost-effective approach to all the indirect tax systems that previously existed in the country. Since the GST launch in July...