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View MoreBest Accounting Software For Small Business 2024 Forbes Advisor INDIA
It assists in recording accounts receivable financial transactions, managing financial reports , organising and tracking inventories all the while ensuring business efficiency. MargERP 9+ is an India-based GST-enabled inventory and software that simplifies GST billing and filing. MargERP 9+ assists in choosing the appropriate GST slab and categorising transactions correctly. The programme directs and automates…
View MoreAdjusting entries explanation, purpose, types, examples
Adjusting entries, also called adjusting journal entries, are journal entries made at the end of a period to correct accounts before the financial statements are prepared. Adjusting entries are most commonly used in accordance with the matching principle to match revenue and expenses in the period in which they occur. Sometimes companies collect cash from their customers for goods or…
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