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invoicing mistakes to avoid

15 Critical Invoicing Mistakes Startups Must Avoid

Invoicing, Business Resources & TipsBy Amrita PandeyMay 3, 2018Leave a comment

Every startup owner knows the struggle and importance of dealing with invoices. I’ve been there myself, juggling the excitement of building a business while managing the not-so-thrilling task of invoicing.  Money is the core feature of your business, and you don’t want to mess it up, especially when you’re just starting, right? I learned this…

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Difference between direct and indirect expenses

Difference between direct & indirect expenses

Accounting & Taxes, ExpensesBy iharshalApril 24, 2018

  Running a business is not easy. With the economy on a downward spiral, it has become even more challenging to make ends meet. Every penny spent needs to be turned over twice before it is paid out. The goal of any business is to make money. Keeping tight reins on your business and the…

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Invoice Payment Terms and Conditions

7 Tips To Write Invoice Payment Terms and Conditions

Invoicing, Business Resources & TipsBy iharshalMarch 19, 2018Leave a comment

I’ve spent years running my accounting software business, and if there’s one thing I’ve learned the hard way, it’s this: Clear payment terms can make or break your cash flow. Let me share a little secret. When I first started ProfitBooks, I thought great software was all I needed. Boy, was I wrong! Our customers…

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All You Need To Know About E-Way Bills

GST IndiaBy iharshalFebruary 16, 2018Leave a comment

  What is an E-Way Bill E-Way Bill is the short form of Electronic Way Bill. It is a unique document/bill, which is electronically generated for the specific consignment/movement of goods from one place to another, either inter-state or intra-state and of value more than INR 50,000, required under the current GST regime. As per…

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Digital Signature: All You Need To Know

Business Resources & TipsBy iharshalFebruary 9, 2018

We are living in a world where carrying out daily business and personal activities is becoming very easy and smooth. In an era where digital signatures are being greatly embraced in the entire world, we no longer have any limitations in our business or personal lives. Typically, physical documents like invoices will always need a…

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Best Business Articles Of 2017

10 Most Popular Business Articles From 2017

Business Resources & TipsBy iharshalJanuary 16, 2018

  In our endeavour to help entrepreneurs to grow their businesses, we published lot of insightful business articles last year. I’ve handpicked 10 of them that instantly stuck the cord with our readers. Hope you’ll enjoy these posts. Here are our most popular business articles from year 2017..   1) How To Get Working Capital Loans…

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Cashflow Mistakes In Business

10 Cashflow Mistakes That Can Kill Your Business

Business Resources & TipsBy iharshalNovember 14, 20172 Comments

  Small business owners are often overloaded with tons of activities revolving around their business, and they have very little time left for managing cash flows or scratching their heads on company’s finances. On the other hand, mismanaging your company’s funds might lead to total failure of your business. Even though you have the brightest…

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GST Impact On Service Sector

How GST Affects Service Industry

GST IndiaBy iharshalSeptember 25, 2017Leave a comment

  It is no news that the implementation of the GST (Goods and service tax) will pose some major advantages and a few disadvantages to the services industry. Many service businesses will face a lot of changes over the years as they try to conform to the introduction of this new taxation system and we…

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Using Cloud Technologies To Save Cost

Business Resources & TipsBy Mehul ShahSeptember 6, 20171 Comment

Using cloud technologies is crucial in today’s digital age. We at ProfitBooks encourage cloud technologies and computing more than anybody. Since we’re a cloud accounting software, we practice what we preach. Almost all companies are switching to cloud technologies, as it’s, simply put, a lot more efficient. Individuals don’t need to use local storage and…

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