Bookkeeping

ERP Integration – The ERP system integrates varied organizational systems and facilitates error-free transactions and production, thereby enhancing the organization’s efficiency.   Multiple ERP Integration: Making Integration Accessible to all Organizations. 10 years before, many Business owners were using standalone accounting software. They did customisations with a feeling that “let the data be safe with us”. […]

Continue Reading

Now a days every business owners are aware of free software solutions and its probable business solutions. They use Gmail, Facebook, WhatsApp etc. and they don’t know its on CLOUD and but they see the benefits. Many are looking for Cloud ERP Solutions for their Small Business. Some are looking for cloud based ERP Solutions for […]

Continue Reading

How SMEs can take advantage of input Tax credit which they couldn’t take earlier? Let’s start with an example on how to take an Input Tax Credit. Suppose RAVI paid Rs 100,000 to purchase an item and he paid Rs 10,000 as a tax (Purchase tax 10%). Now he has to include the same in his […]

Continue Reading

SME Business Plan – Worldwide, SMEs are the basic businesses that help and contribute towards GDP and Employment. This could range from 40% to 80%. At India, SME contributes around 40% of GDP, which is great one. Ironically, many SMEs start and close soon before it becomes large. The challenges could be funding, competition and […]

Continue Reading

Value Added Tax (VAT) is a Sales Tax collected by the Government of the state where the goods or services is bought by the consumer. It is a tax on the final consumption of goods or services which is borne by the end user or the consumer. VAT is levied on value addition at each […]

Continue Reading