ESIC Payment Challan Employers use the ESIC payment challan to deposit their ESIC contributions with the designated bank. It serves as proof of payment and contains essential details such as the employer’s name, address, ESIC code, the amount to be deposited, and the period for which the payment is being made on ESIC portal. … Read More »
IFSC Codes FAQ’s on IFCS Codes 1. What is IFSC? Ans: IFSC, or Indian Financial System Code, is a unique alphanumeric code assigned to each bank branch in India. It is use to identify a specific branch in electronic fund transfer and other online transactions. 2. Why is IFSC important? Ans: IFSC is crucial for… Read More »
Financial Transactions Financial Transactions Of course, here are the essential financial transactions that a real estate agent ought to document in their bookkeeping: 1. Income from commissions: This is the primary source of income for most real estate agents. It is important to… Read More »
Financial Transactions for Mall Owners should record several key Financial Transactions for Mall Owners in their bookkeeping to maintain accurate financial records and ensure proper management of their business. These transactions include: 1. Rent Payments and Receivables: Mall owners should record rent payments received from tenants as well as any outstanding rent receivables. This… Read More »
Financial Transactions for Freelancers Financial Transactions for Freelancers in India should diligently record several key financial transactions in their bookkeeping to ensure accurate financial management and compliance with tax regulations. These financial transactions for freelancers include: 1. Income from Services: Freelancers should record all the income they earn from providing services to clients. This… Read More »
Bookkeeping for Automotive Repair Services Bookkeeping for Automotive Repair Services in India should diligently record various financial transactions in their bookkeeping to ensure accurate financial reporting and compliance with tax regulations. Here are some key transactions that they should record: 1. Income from Repairs: Record all income generated from providing automotive repair services. This… Read More »
Rental Business Finances Motor and truck rental busoness finances service providers in India should meticulously record several key financial transactions to ensure proper accounting, compliance, and financial transparency. Rental business finances transactions include: 1. Rental Income: Motor and truck Rental business finances providers need to record all income received from renting… Read More »
Bookkeeping for Social Service Bookkeeping for Social Service, Organizations, charitable, and social service entities in India should diligently record various financial transactions in their bookkeeping for social service. Some key transactions include: 1. Donations and Contributions: You must record any funds or assets received as donations or contributions. These could be in the form of… Read More »
Financial Transactions Record in Bookkeeping Key Financial Transactions Record in Bookkeeping for Educational Institutions in India: 1. Tuition Fees Collection: Educational institutions should record all tuition fees collected from students. This includes regular fees, special course fees and any other charges associated with the educational program. 2. Salaries and Benefits: Recording the salaries and… Read More »
Architectural Engineering and Surveying Services Architectural, Engineering, and Surveying Services in India should accurately record several key financial transactions in their bookkeeping to maintain proper financial records and ensure compliance. Some essential transactions include: 1. Income from Services Rendered: Record all income received from architectural, engineering, and surveying services provided to clients. This includes… Read More »
