Cloud Accounting Software
Quick Tips to Improve Cash Flow Internet has changed the word in indescribable ways. With the advent of cloud computing all products and services are now hosted on the cloud. Cloud computing enables access to data from any device or any place.Rapid penetration of internet has made access to data easy and quick. Most businesses […]
Quick Tips to Improve Cash Flow
Quick Tips to Improve Cash Flow Cash is King. There are no two ways about it. Effective cash flow management is one of the the foundations of a business. How do you improve cash flow? In theory it is simple, increase your cash inflow and decrease the cash outflow. However, putting this formula into practice […]
How to prepare for a Due Diligence Audit
How to prepare for a Due Diligence Audit You’ve nailed the pitch, and now it’s time to focus on what investors will ask for once you’ve caught their initial interest. We have already covered the pre-funding and post-funding checklists. In this post we will try to guide you on how to prepare for a due diligence audit. Once an […]
SaaS metrics
SaaS metrics Keeping track of key metrics is very important and can give you a great overview of how the business is doing. Traditional financial metrics like EBITA,Net Profit, Cash to Turnover does not cut it for a SaaS business. What metric should a SaaS company use to measure performance? It doesn’t need to be […]
Key fundamentals to Effective Accounting
Key fundamentals to Effective Accounting Accounting can be tedious work,however it helps you get more organized,brings more clarity and allows you to work more efficiently. In a day and age where business is cut throat competition,financial insights could be the game changer for your business. In many instances it could even be your competitive advantage.Without […]
GST Refund-Online Processing
GST Refund-Online Processing The Government of India has been introducing changes to the GST law to make it more user friendly. As a part of this measure we have seen a simplified return scheme (you can read about changes here https://integrabooks.co/changes-in-gst-law-return-filing-including-annual-returns/) being introduced from April 2020. Another significant measure is the introduction of online processing […]
Budgeting and Cashflow Forecasting
Budgeting and Cashflow Forecasting A business to be successful has to not only focus on day to day elements of finances but has to create a financial plan for the future.A financial plan will enable the management team to know where they are going and how they’re going to get there. Budgeting and forecasting is […]
Conditions for Availing Reduced Corporate Taxes
Changes in GST Law & Return Filing including Annual Returns The Government has introduced the Taxation Laws (Amendment) Ordinance, 2019 for reducing the corporate taxes. Now domestic companies can now opt to pay taxes at 22% or at 15% subject to conditions which are as under: 1.Reduced rates of taxes shall be applicable from 1.4.2020. […]
Changes in GST Law & Return Filing including Annual Returns
Changes in GST Law & Return Filing including Annual Returns The GST Council, in its meeting recommended the following Law & Procedure related changes: 1.Relaxation in filing of annual returns for MSMEs for FY 2017-18 and FY 2018-19 as under: a.waiver of the requirement of filing FORM GSTR-9A for Composition Tax payers for the said tax period b.filing […]
Income Tax Grievances-Start Ups
Income Tax Grievances-Start Ups The Finance Minister in her Budget speech in February 2019 had announced the formation of Startup Cell within the Income Tax Department.This announcement was made after several start up’s received income tax demand notices, popularly known as angel tax. The income tax department had questioned the valuation of start up’s and […]