“The balance sheet is a snapshot of the company financial standing at an instant in time” Do you know what are the Parts of a Balance Sheet? The Balance Sheet can be broadly broken into two sections, namely “Assets” and “Liabilities”. Assets are what a business uses to operate its business, while its liabilities and …
The term bookkeeping is comprised of the two words ‘Book’ and ‘Keeping’ where ‘Book’ means the collection and retention of financial activities and ‘Keeping’ is their maintenance. In this sense, bookkeeping is a process of collection, retention and maintenance of the financial activities of a company. In course of time it has been developed as …
We all have bad days. Sometimes we make an error while manually entering data, send the data to the wrong place, or mix up figures of sales order in our accounting system. But having an integrated system of ERP and CRM can reduce those vexatious data handling errors. What do ERP Systems Do? An …
Does your Business need CRM and ERP Integration? Read More »
A balance sheet is a complete description of the financial health of the business. Preparing a balance sheet will help you to evaluate the assets of your company when stacked against its liabilities to estimate the financial health of your business. “Terribly important to draw up a balance sheet every now and then, debits and …
SAP SAP stands for Systems, Applications, and Products in Data Processing. It was founded by five German Engineers in 1972. Large organizations use SAP to manage their business. SAP has several modules to represent different business-processes. Modules are usually abbreviated for the business process. SAP is an enterprise resource planning (ERP) software solution capable of integrating …
Are You Missing a Skillset That Could Be VITAL to Your Career? Read More »
