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Why Inventory Movement Analysis Plays a Crucial Role in Businesses?

What is movement analysis? Stock movement analysis is understanding and analysing carefully the inward and outward supply of stock in your business. Movement analysis report is used for comparative studies. They give an insight into the flow characteristics of the stock in an organization. It…

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Cash Flow Projection: A Glimpse into Your Business’ Financial Future

Cash flow statement is a clear-cut picture of the financial strength of your business. It gives you an idea of your business’ current and future financial outcomes which will further help entrepreneurs make quick and wise decisions. Let us understand the so-called heartbeat of a…

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Inventory Management: Importance and Benefits

Inventory is one of the most crucial aspects of any business model. A close tab on the movement of inventory can make or break your business and that’s why entrepreneurs always emphasise on effective inventory management. While a few business owners do understand the significance…

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Tips to Manage Accounts Payable & Accounts Receivable

Management of accounts payable and receivable is one of the most crucial steps in a business setup. Only with efficient management of outstanding can you stay on top of your business avoiding any room for doubts. What is Accounts Payable and Accounts Receivable? Well, to…

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74,677 total views, 176 views today

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36th GST Council Meeting Updates: Key Highlights

July 27th, 2019 saw the 36th GST Council Meeting through a video conference. The meeting was primarily called to decide GST rate cut on electric vehicles that are currently taxed at 12%. The council was also likely to decide the valuation of goods and services…

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35th GST Council meeting updates: Key Pointers

Smt. Nirmala Sitharaman held 35th GST Council Meeting 3 months after the 34th council meeting. This was the first time that the meeting was held after BJP came back into power. There were a number of decisions that were taken by the GST Council to…

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How Stock-Item Wise Profitability Will Give You an Overview of Your Business

What is the ultimate goal of any business? To make profits, right? For every business owner, the primary motive is to earn more than he spends and maintain maximum profits. One of the best ways is to get a 360° view of which product of…

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56,261 total views, 155 views today

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Stock Ageing Analysis: Importance and Advantages

Stock or inventory are the most crucial aspects of any business model. It is imperative to track their movement and shelf life in order to curb the losses which would be a result of stale stock. Stale stock often leads to becoming obsolete which will…

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58,835 total views, 163 views today

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Key Things to Keep in Mind While Taking a Business Loan

Taking a business loan is one of the most crucial decisions an entrepreneur takes. Not only will it decide the cash in-flow and out-flow but also act as a catalyst in expanding one’s business. Opting for a business loan will increase the chances of profitability…

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61,306 total views, 167 views today

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4 Technology Trends which can Reduce your Business Woes

Before the advent of automation and the change in digital behaviour, accounting transactions were a cumbersome task. Maintaining multiple books to record various aspects of business and then comparing them manually to check the mathematical accuracy was way more tedious than it sounds. Not only…

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