28 Aug
How does Cycle Count Work in Inventory?
Cycle count is all about counting a small inventory amount within the warehouse daily. It is done to count the complete inventory of the warehouse through a significant duration of time. All the errors that take place at the time
19 Jul
How does a Purchase Order Work?
Every business has two primary parties, a buyer and a seller, regardless of the industry. A company keeps track of its inventory and sales through the usage of a purchase order and invoice. As these documents are similar in many
14 Jul
What is Inventory Carrying Cost And How to Calculate It?
Inventory primarily occupies the current asset position in a company’s balance sheet. It is generally the most substantial portion of current assets. This stock is also known by the name “Inventory at hand’. It is a standard practice of every
02 Jul
11 Inventory Metrics you need to know for Successful Inventory Management
A company that manages its inventory successfully would be on the road to profitability. Carrying the optimum inventory is what is needed if the movement of goods is to be successfully concluded. Sales and inventory should go hand in glove
11 Feb
Different Accounting Methods: Accrual vs Cash Accounting
Accounting Methods Accounting is essential for businesses to not only know their net worth or P&L but also the revenue and the expenses. Therefore, cash balance helps in determining the current and future of the business. There are two accounting
08 Feb
How Virtual Reality Is Impacting Accounting In Different Ways
In recent years, the field of accounting and finance has seen many technological innovations. These innovations have played an essential part in assisting finance professionals in taking a strategic and tactical course of action. One of the recent technological innovation
04 Feb
Top 5 Accounting Tips Every Freelancer Should Follow
Accounting tips for Freelancers !! Being a freelancer is no mean feat these days as they are not only an employer but also an employee. They even need to take care of the accounting department for raising proper invoices that
01 Feb
Things To Know Before Doing A Business Valuation
What is a business valuation? To Simply put, business valuation is a process and a series of procedures required to determine the total value of a business. While this may sound simple, executing your business valuation done right requires thought
22 Jan
Top 5 Online Invoice Generation Software for 2019
Cash is the lifeblood of any business, so invoicing is an integral part of the process. Gone are the days, when manual billing was prevalent. Nowadays as online invoice integration has developed so has businesses operations. Immediate disbursal of invoices
14 Dec
16 Must Have Elements Your Tax Invoice Should Have
Introduction to Invoices: Commercial operations cannot be run in India without provision of a tax invoice. An invoice is a proof of sale and contains a few particulars that identify the product sold, taxes involved, states of production and consumption,
08 Dec
Zaperp Inventory: The best alternative to TradeGecko
We understand that you are now feeling that Tradegecko is not the right business tool for you, well, you thought it and we heard it. Let us tell you 5 reasons why you should shift from TradeGecko to ZapERP right
29 Nov
What is Business Valuation and When do Businesses Need it?
A business valuation indicates the economic value of a business or in simple terms, its market worth. Usually, business valuation is a preferred tool for measuring a company’s value when there is a sale, liquidation or merger taking place. There