Every service-based business in India is identified under a certain unique code for GST purpose, known as a Service Accounting Code (SAC). Of these, the 9983 SAC Code covers “Other…
Every business which provides services under the heads corresponding to transport, logistics or passenger services are required to know about the value of HSN Code 9965. This code belongs to…
Every business owner in India for a service-based business has to understand the position of his or her firm in the GST classification system. One of the most popular types…
Knowing about the Income Tax Department information collection process is essential for all the businesses in India. Section 133(6) of Income Tax Act places the authority in the hands of…
Stock management is one of the most challenging issues for the Indian businesses. Whether it’s a store, wholesale goods, or online retail, not all of the items in the inventory…
Accurate recording of an Accounts receivable journal entry is of paramount importance to any business expanding credit to its customers. It indicates the amount of money your clients owe you…
Every business, be it a local trader or a growing business, has payments to its suppliers and service providers. Doing so with the right attention helps in keeping your financials…
The GST registration threshold limit is one of the most important pieces of measure that determines whether a small business in India needs to register under the system of Goods…
Every single taxpayer in India is bound to pay his taxes within time but there are periods when delays or defaults occur, may be due to issues with cash flow,…
Understanding What is RCM in Medical Billing is vital for medical care providers who wish to keep their financial operations running smoothly. Revenue Cycle Management (RCM) is the end-to-end process…
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