Category: Accounting

Running a small business comes with many challenges—managing invoices, tracking expenses, ensuring tax compliance, and keeping finances organized. One of the biggest hurdles is handling billing efficiently. Without an automated solution, manual invoicing can lead to errors, delayed payments, and missed financial opportunities. This is where billing software online becomes an essential tool for small…

Running a retail business involves handling various financial transactions, from sales and invoicing to taxes and expenses. To ensure smooth operations and compliance with tax regulations, businesses need an efficient retail billing software free solution. This software helps retailers manage their billing, generate invoices, process payments, and track expenses without any upfront costs. For small…

For any business, anything that contributes to the generation of value, including intellectual, financial, social, or physical, is known as capital. Capital is the foundation for your business’s financial health and success. It is fundamental to all your financial transactions and decisions that not only allows you to cover your day-to-day expenses but also measures…

Asset account is a subcategory within a company’s general ledger depicting the value of assets owned by an organisation. The assets owned by an organisation represent economic value and are expected to provide benefits in the future. For businesses, these assets also find their way into the balance sheet, and for them, they also generate…

Even though no business likes to be in debt, it’s an unavoidable part of the process. What we call debt, accountants call liabilities in their accounting books. If debt is there, it’s essential that accountants can find and record it in the books. This guide is dedicated to sharing all the information you need to…