Invoice vs Receipt : Key Differences You Need to Know
Businesses involve lots of receipts and invoices. Both documents are used to record sales that aid in keeping track of every transaction of the business. It will help any business
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What is an Invoice Number ?
Business owners have to face challenges when operating a business. The biggest hurdle is to get paid on time. This can be achieved by having an efficient invoice management system
Inventory Turnover Ratio – Formula, Examples and Tips
Inventory is a crucial part of any business. It is directly linked to the profit of the company. In a business, it is common that sometimes the product sells off
What is Inventory Cycle Count?
Audits are crucial for inventory that runs efficiently. Ensuring the physical inventory to match the recorded data is crucial for maintaining accurate information throughout the entire logistics process. As businesses
Difference between Customer Transaction and AR Trial Balance
In the 21st century where India is the fifth largest economy, our service industry is at boost it becomes the responsibility of the management to have an ERP that provides
How to solve ‘License could not be found’ error in Sage 300
In Sage 300, when installing the workstation at the client end, we may run into a number of various problems with the desktop version, one of them is a license
What is Income Statement ? – Definition, Importance and Examples
Managing the financial segment of the business is a tedious task. A company maintains three types of financial reports or statements that brief the overall performance of your business. Out
What is Inventory Cost? – Types and Examples
As a business owner, you have to track and control the expenses of the business. A business considers an inventory as its biggest asset. For any business, it is essential
How ERP Software for Supermarket Boosts Sales & Profits?
What is ERP Software for Supermarket? ERP software for supermarket is an all-inclusive fully integrated software solution that streamlines multiple disparate systems into a single platform and optimizes various business
Best ERP Software for Printing Industry
What is ERP Software for Printing Industry? Best ERP Software for Printing Industry is a highly adaptable solution and a solid operational backbone for the printing and packaging industry, that
What is Efficiency Ratios ? Types and Examples
A company uses its assets to generate revenue. However, what are efficiency ratios? It is a set of ratios indicating how well a business utilizes its assets and operating expenses
Best ERP for Publishing Industry – Comprehensive Guide
What is ERP for Publishing Industry? Publishing ERP Software is a business-critical solution that encompasses all features that meet the unique requirements of the magazines, newspapers, and book publishing industry