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Business Resources & Tips

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Manage Business Expenses

Manage Business Expenses

Bookkeeping, Business Resources & Tips, ExpensesBy iharshalDecember 23, 20142 Comments

You can’t control what you don’t track! So, if you want to reduce business expenses, you must start tracking them. Here is how you can track and manage business expenses with ProfitBooks. Follow these steps if you have already paid for the expenses and now want to record the transaction details :   Follow these…

Create Proforma Invoice

How to create Proforma Invoice

Business Resources & Tips, General Accounting, InvoicingBy iharshalNovember 20, 20141 Comment

Lets first understand What is Proforma Invoice and where it is used. According to this definition on Investopedia, Proforma Invoice is like a preliminary bill of sale sent to buyers in advance of a shipment or delivery of goods. Typically, it gives a description of the purchased items, notes the cost, as well as other important…

Private Limited Company Compliances in India

5 Important Private Limited Company Compliances in India

Accounting & Taxes, Business Resources & TipsBy iharshalNovember 11, 2014Leave a comment

I’ve been running my private limited company in India for over a decade now. What I’ve learned is that compliance is one area where cutting corners will cost you dearly in the long run. I had to pay a few painful penalties in my early years. So, I’ve become somewhat of a compliance evangelist among…

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