by Groflex | Jan 20, 2023 | grofleX
The scope for small businesses and start-ups has been exceptionally increasing globally over the last few decades. In a developing country like India, the idea of small business growth is often ignored due to the massive population. But, is it possible for any...
by Groflex | Jan 20, 2023 | Briefly explained
The Goods and Service Tax (GST); a new taxation system in India, has replaced many of the existing indirect taxes. The complicated GST invoice format of the asset-based tax system is now eliminated under GST, a destination-based tax system. It has replaced several...
by Groflex | Jan 19, 2023 | Accounting Software, Briefly explained
Those who aren’t tech-savvy are generally confused by the heavy Inventory Management terminologies used. Today we are going to decouple all the essential terms and understand their applications in Inventory Management. If new to Inventory Management, don’t...
by Groflex | Jan 18, 2023 | Accounting Software, How to
As of 17th July 2020, nearly 13,616,593 people have been infected by COVID-19, including 585,727 deaths. The first COVID-19 case in Kerala was reported in late January. After that, the GDP rates in India have slashed due to the prolonged lockdown. The most affected...
by Groflex | Jan 17, 2023 | Briefly explained
Managing invoices and following the prescribed rules is vital to export under GST. The registration process is mandatory for goods or services exported to places not included in the domestic territories. Registration allows exporters to leverage the schemes in terms...