Tag Archives: #AccountingFirm

Property valuation Certificate by Chartered Accountant?

Property valuation Certificate by CA A property valuation certificate by a Chartered Accountant (CA) refers to a professional assessment conducted by a CA to determine the value of a property. Chartered Accountants who specialize in property valuation provide their expertise to evaluate the fair market value of a property and issue a valuation certificate. Here… Read More »

What is book keeping accounting?

Book Keeping   Book keeping is a subset of accounting and refers to the process of recording and organizing financial transactions of a business. It involves systematically recording the financial activities such as sales, purchases, receipts, and payments in appropriate books or electronic records. Accounting, on the other hand, encompasses a broader set of activities… Read More »

Tax planning vs accounting?

 Tax planning vs accounting Tax planning vs accounting: Tax planning and accounting are distinct but interconnected aspects of managing finances. Here’s a comparison between tax planning and accounting:   Tax Planning: 1.Focuses on minimizing tax liability and optimizing tax-related strategies to legally reduce taxes. 2. Involves analyzing current and projected financial situations to identify tax-saving… Read More »

Definition of GST invoice What is GST invoice?

Definition of GST invoice   Definition of GST invoice, A GST invoice is a crucial document issued by a supplier to the buyer, containing all the necessary details of the transaction in accordance with the Goods and Services Tax (GST) Act in India. It serves as proof of the supply of goods or services and… Read More »

What are Bookkeeping and Accounting services for a businesses Financial Management?

Bookkeeping for Financial Management   Bookkeeping for Financial Management services that help businesses keep track of their financial transactions and ensure their financial records are accurate and up-to-date. Here is an overview of bookkeeping and accounting services for businesses: 1. Bookkeeping: Bookkeeping involves the day-to-day recording and organizing of financial transactions such as sales, purchases,… Read More »