Accounting and Bookkeeping

Differences Between Online and Offline Accounting and Bookkeeping Services

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Accounting and Bookkeeping Services

There are two primary categories of accounting and bookkeeping services: online and offline. These two types differ in various aspects, including user-friendliness, data privacy measures, and cost. Online services are typically more user-friendly, and cost-effective, and employ advanced technology. However, they do not provide in-person meetings or physical security. On the other hand, offline services … Read more

Advantages of Virtual Bookkeeping and Accounting service

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Advantages of virtual Bookkeeping and accounting service

Bookkeeping and Accounting are an important part of every business. Both Bookkeeping and Accounting help in decision making, analyzing the business growth, and completing the tax obligations. Furthermore, whatever the size of the business, the bookkeeping and accounting demand is always there. Thus, many people wonder how to save costs on Bookkeeping and accounting services. … Read more

All about Bookkeeping and Accounting services for Small Businesses

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All about Bookkeeping and accounting services for Small Businesses

Whether you are a startup tech company or a local manufacturing business, Bookkeeping and Accounting are essential for everyone. However, small business owners and management have hectic schedules and not enough resources for maintaining highly accurate Bookkeeping and Accounting. Thus, here comes the Bookkeeping and accounting services. The Internet has become a boon for small … Read more

ROC Due Date Extended for AGM of FY 2020-21

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ROC Due Date Extended for AGM of FY 2020-21

A massive relief for companies as ROC due date extended for AGM of FY 2020-21. This latest MCA announcement comes in response to requests made by several companies and other stakeholders. The companies across the nation were requesting an extension of time for the conduct of the FY21 AGM due to covid. Furthermore, The representations … Read more

Relaxation in Accounting Rules for Small and Medium Companies in India

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Relaxation in Accounting Rules for Small and Medium Companies in India

A major update as there is now Relaxation in Accounting Rules for Small and Medium Companies in India.  This was done to support the idea of making it easy to do business in India. The goal is to cut down on the amount of paperwork and time it takes to generate financial statements. As a … Read more

The future of Digital Accounting in India

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The future of Digital Accounting in India

The future of Digital Accounting is very bright in India. As we all know, Every business is shifting to an online marketplace. Similarly, Accounting is also rapidly available now digitally. Experts estimate that the future of digital accounting is increasing at a significant percentage of 8.6%. Therefore, In this article, we will read about digital … Read more

AI Bookkeeping and Accounting Service: The future of Accounting for Business

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AI Bookkeeping and Accounting Service The future of accounting for business

With time, the methodology of a business changed a lot because the traditional process consumed more time and effort and that resulted in the fall of productivity. But in the digital world, everything is moving very fastly and AI made the process even simpler in the business. As per the business report, many giant companies are … Read more

Top Reason why you Outsource Bookkeeping and Accounting Service

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Reason why you should outsource Your Bookkeeping and Accounting Service

There are multiple reasons why business owners consider outsourcing bookkeeping and accounting services. Outsource Your Bookkeeping and accounting service were only affordable to large companies. But with the help of technology, things have changed now. Outsourcing your accounting and bookkeeping jobs has advantages that go beyond cost savings. Therefore, in this article, we will read … Read more

National Financial Reporting Authority (NFRA) – Composition, Role and Powers

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National Financial Reporting Authority (NFRA) – Composition, Role and Powers

The National Financial Reporting Authority (NFRA) was established on 1st October 2018 by the Government of India under the Companies Act, 2013. The Ministry of Corporate Affairs under the Government of India administers NFRA to regulate the auditing standards in the country. Composition of the Authority (NFRA) NFRA should be composed of one Chairperson, three … Read more

Cabinet clears India-Qatar deal on the Accounting Profession

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Cabinet clears India-Qatar deal on the Accounting Profession

The Cabinet approves MoU between ICAI and QFCA. Consequently, It will now have a positive impact on the economies of both countries. Therefore, to start availing the benefits, the business in India should hire experts for Bookkeeping and Accounting Services. In this article, we will read about the news of Cabinet clears India-Qatar deal on … Read more