Accounting Documents

Can I Become An Accountant Without Degree In Accounting?

Accounting and finance is a field that is very crucial in every business industry. Accounting is the science of measuring, processing, and communicating any entity’s financial information of any entity. Besides, accounting is a separate industry where professionals offer their services to different businesses for preparing financial statements and maintaining records. Payroll management, corporate finance, …

Can I Become An Accountant Without Degree In Accounting? Read More »

What Is Withdrawal Slip?

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 Is Withdrawal Slip? Read More »

What is Blanket Purchase Order? – Benefit and How Does It Work?

Business-to-business transactions require series of document exchanges to ensure commercial and regulatory compliance. These documents reflect the strength of the process, internal controls, and terms of the transactions between the companies. Business purchases are not like a swipe of credit cards, as more nitty-gritty correspondence and documentation are vital in the process. One of the …

What is Blanket Purchase Order? – Benefit and How Does It Work? Read More »

What is a Purchase Order? Definition, Key Features, Usages, And Importance

Definition: During the normal course of the business, there are numerous different transactions that the business carries out. It is essential to ensure that all the transactions are properly recorded and can be retrieved with proper and relative ease. In the same manner, it is also important to have clear and discrete communication channels established …

What is a Purchase Order? Definition, Key Features, Usages, And Importance Read More »

Material Control – Meaning, Objective, Advantages, and More

Meaning Material refers to the raw material, or the inputs that are required by the company to fulfill the production process. Subsequently, material Control comprises managerial activities that are undertaken by the decision-makers of the company in order to ensure that the quality, as well as the quantity of the materials that are used in …

Material Control – Meaning, Objective, Advantages, and More Read More »