Accounting Documents

When it comes to banking products, there are so many document formalities and processes that it becomes hard for a normal person to understand them fully. Pay slips, deposit slips, withdrawal slips, L/Cs, notes, cheques, etc., are all banking products and documents that you might need to present for one or another purpose when visiting

What image appears in your mind when someone says, accountant? Most people would imagine an old gentleman with a well-ironed shirt, spectacles with thick glass, and a green visor. He would probably be accompanied by heavy registers, ledgers, and an intense light above his head. Surely, it would be an image of an accountant if

Outsourced accounting is when an organization delegates its accounting and financial functions to an external third-party service provider.  This arrangement allows businesses to leverage the expertise of professional accountants and financial specialists without maintaining an in-house accounting department.  Here is a detailed explanation of how outsourced accounting works: Functions That Could be Outsource to Accounting

Business Receipts These are an acknowledgment of arrangements being done between two parties in consideration for monetary benefits. Consumers generally receive receipts from vendors and service providers from their business dealings. Business receipts need to be documented and recorded as per relevant laws and regulations like the Companies Act, Tax regulations, etc. Furthermore, the period