Retail Software
Distribution Software
Retail Chain
What are the Key Techniques Used in Inventory Optimization?
Stock is money sitting around on shelves. Too much stock obstructs working capital. Too little stock is what causes lost sales. This is where Inventory Optimization comes into play, very…
cloud based accounting software
How Does a Purchase Credit Journal Entry Affect the Balance Sheet?
A purchase credit journal entry is one of the most common entries recorded in Businesses. Traders, Manufacturers, Retailers, and MSMEs regularly buy goods on credit from suppliers. This transaction is…
What Happens After Filing Appeals under GST?
Filing Appeals under GST is a serious step by any Indian business. It generally is predicated on a demand order, penalty, rejection of refund or an input tax credit dispute.…
What are Common Mistakes in Purchase Order Accounting Entry?
Procurement is a day-to-day business in any Indian business. But Purchase Order Accounting Entry mistakes can silently destroy books of accounts. Traders, manufacturers, retailers as well as MSMEs tend to…
What Happens If IRN in GST Is Not Generated?
Every business that is registered for GST and has the turnover threshold as prescribed by the government requires to understand the importance of IRN in GST under it. The Invoice…
How Dead Stock Affects Business Profitability and Working Capital?
The dead stock is a silent financial burden unlawful to Indian business in the retail, distribution, manufacturing and warehousing. It does not realise sales yet consumes capital, space and management…
Why Expired Pharmaceuticals are a Major Risk for Pharmacies?
Indian pharmacies deal with thousands of medicines on a daily basis. Each strip has a shelf life that must not be disregarded. The expired pharmaceuticals create inside of medical stores,…
Types of Errors in Accounting Every Business Should Avoid
Accounting wrongs have an impact on cash flow, tax filings and trust with authorities. This blog explains the types of errors in accounting that Indian SME, traders, startups, and professionals…
What are the Risks of Keeping Excess Safety Stock?
The safety Stock which serves as a buffer against supply delay, volatility in demand and operational and related uncertainties. Indian businesses depend on it so that they don’t run out…
What are the Limitations of Management Accounting in Cost Control?
Management accounting is involved in providing support to internal decision making and tracking costs. The limitations of management accounting are seen on assumptions failing, reduction in data quality or poor…