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
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 | Accounting Software
Many reforms have been made in the Goods and Services Tax (GST) return filing system. There is an addition of GST ANX-1 and GST ANX-2. A person who used to fill the forms before the reforms, i.e., GST RET 1/RET-2/RET-3, are now supplemented with GST ANX-1 and GST...
by Groflex | Jan 30, 2023 | Accounting Software
As we have seen in all our previous blogs (Inventory Management 101: Small Business Guide and Inventory Management Techniques: 2021 Edition) that inventory management is a visual analyzer used to track inventory in real-time. Certain good practices in Inventory...
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...
