In the 1400’s, certain papers of Vietnamese merchants had shown their acceptance to and application of branch accounting for their business places at different geographical locations. But, certain organizations, even in the 2020’s, are in a non-acceptance zone for the incorporation of branch accounting concept and are ignorant to the advantages of it. Expansion is […] Read More . . .
For any Business the financial numbers are extremely sensitive information. Being skeptical about who accesses this information is justified given their vulnerability to be misused. There’s always the threat of data manipulation and leakage, and the last thing you want to worry about while handling your business is internal fraud! Any business, new or seasoned, […] Read More . . .
GSTR 2A Reconciliation has become increasingly important since the implementation of GST in 2017. GSTR 2A is an autogenerated read-only form that is related to B2B purchase tax returns. The GSTR 2A captures information from your suppliers’ GSTR 1, 5, 6, 7 and 8. This information constitutes details about all the purchases you have made […] Read More . . .
Paperwork grows in tandem with a company’s growth. The filing process is burdensome, and when there are a lot of documents to be filed, it becomes haphazard. A paper-managed system is a thing of the past now. Document Attachment is the present & future of Accounting Software. All companies are thriving to digitize every aspect […] Read More . . .
No matter how smart, trusted or well-trained your accounting department is, accounting transactions are always prone to blunders. For this, a maker-checker tool adds a second set of eyes that can help detect errors or any suspicious activity while authorizing transactions. Dual approval undoubtedly helps safeguard your company by guarding it against unintentional mistakes and […] Read More . . .