I wasted three months picking invoicing software for my first startup back in 2015. Demos looked flawless, pricing seemed straightforward, then reality hit—GST compliance headaches, inventory sync failures, and support that vanished when deadlines loomed. If you’re a small business owner or startup founder drowning in manual invoices while trying to track stock levels, this…
Running an online clothing business in India presents unique challenges and opportunities, especially during seasonal sales. According to IBEF, India’s e-commerce market is projected to reach $200 billion by 2026. Seasonal events like Diwali, Durga Puja, and wedding seasons drive significant consumer spending. In fact, a RedSeer report highlights that festive sales alone contributed to…
We can guess that you probably own a wholesaler, retailer, or distributor business since you’re reading this blog. Our inventory management tool is catered specifically towards businesses like yours. Thus, this guide covers all the important stuff surrounding inventory management for wholesalers and such. We have covered what inventory management for wholesalers is,…
What is billing software for distributors? Better yet, what is billing software in the first place? It is a necessity that distributors, wholesalers, retailers, and super stockers need to manage their huge inventories and their sales for it. As they deal in bulk items, robust billing software for distributors, like ProfitBooks, plays a crucial role.…
Retail inventory management is something we’ve discussed in depth, however, we barely touched the topic of inventory management methods. This is because we had to create a separate guide to make a clear distinction. There is no one hard and fast set of inventory management methods that all retailers, distributors, and wholesalers must follow. These…
When steering the course of a business, a pivotal decision arises in choosing the accounting method that will shape the financial records. Within the array of bookkeeping methods, we’ll be focusing mainly on the wholesale price method in branch accounting, and how it is important for wholesalers. Nestled among these methods is the branch accounting…
Inventory management software is not a want, but a need of distributors, retailers, and wholesalers. This is especially true for large warehouses storing items in bulk. And of course, even for small-time retailers, inventory management software can be useful. In this article, we will cover all the pain points faced by wholesalers and distributors and…
In the dynamic realm of consumer finance, the significance of a retail credit facility cannot be overstated. Serving as the financial backbone of our purchasing power, this specialized credit mechanism facilitates seamless transactions that bridge the gap between desire and possession. In this article, we’ll dive into the nuances of a retail credit facility and…
A Bill of supply is an invoice that is issued when no tax is to be charged on supplies made or where tax is charged but no ITC can be passed on to the recipient. Here in this article, we have explained in detail situations where this bill is to be issued, its contents, and…