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Monthly Archives: February 2022

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How To Write Business Plan

How to Write a Great Business Plan

Small Business GuidesBy iharshalFebruary 16, 2022Leave a comment

Having a good plan for your business is very beneficial, not only gives you clarity but also helps for other reasons like getting investors. A solid plan is very crucial for all businesses making a business plan, is not an enjoyable process. In this blog, we will help you to create business plans as well…

Profit and Loss

What is a Profit and Loss Report?

BookkeepingBy CA Mohnish KatreFebruary 11, 2022Leave a comment

Aamdani athnni Kharcha Rupaiya or Earning in pennies but expenditure in dollars. Every small and big business owner must be aware of this saying, especially during the start of their business journey. This is the why business owners should maintain a profit and loss report. It will not only help you understand your business’s financial health…

Journal

What Is An Accounting Journal? – Comprehensive Guide

BookkeepingBy CA Mohnish KatreFebruary 9, 2022Leave a comment

  If you own or manage a company or know someone that does, you know that businesses account for all the expenses made for their upkeep. It is crucial to keep a journal of transactions made by them to maintain economic stability. This is what an accounting journal is. Several unaccounted transactions cause an imbalance…

Debit and Credit

What is a Debit and Credit?(revised in 2023)

BookkeepingBy CA Mohnish KatreFebruary 7, 2022Leave a comment

  When it comes to accounting and bookkeeping, Debit and Credit are the two words you shall come across the most often. You can have a better knowledge of the accounting process by learning how debit and credit function. It might even make it easier for you to understand complex accounting concepts.   What is…

Proforma Invoice

What Is a Proforma Invoice?

Bookkeeping, Small Business GuidesBy CA Mohnish KatreFebruary 4, 2022Leave a comment

The fact of importance of invoicing in our day-to-day business life is undeniable. As it helps to sustain the consistency of cash flow into your business. Acknowledging the diversified varieties of invoices, to increase the cash flow can be a game-changer in the business practices of your company. And this is how you can enhance…

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