Category: Finance and Accounting
-
How to Prepare Balance Sheet in Excel Automatically: Step-by-Step Guide for Accurate Financial Statements
Prepare Balance Sheet in Excel Automatically is one of the most in-demand skills for accountants, business owners, students, and finance professionals. In today’s data-driven environment, preparing a balance sheet manually is not only time-consuming but also prone to errors. Excel automation allows you to generate balance sheets instantly from raw accounting data with accuracy, consistency,…
-
How to Amend GSTR-1 After Filing – Complete Step-by-Step Guide for Error Correction and Compliance
How to Amend GSTR-1 After Filing is one of the most searched GST-related questions by taxpayers in India, especially after realizing mistakes in invoices, taxable values, or GSTIN details. In the first 100 words itself, it is important to clarify that How to Amend GSTR-1 After Filing does not mean revising the same return. Once…
-
Difference Between Journal, Ledger, and Trial Balance: Complete Accounting Explanation with Examples and Comparison
The Difference Between Journal, Ledger, and Trial Balance is one of the most fundamental concepts in accounting, yet it is often misunderstood by students, business owners, and even early-career accountants. These three records form the backbone of the accounting cycle and ensure that financial data is recorded, classified, and verified correctly. In the first stage,…
-
GST Refund Process in Excel Example: Step-by-Step Guide with Practical Format, Calculations, and Filing Readiness
GST Refund Process in Excel Example is one of the most searched topics by taxpayers, accountants, and small businesses in India because GST refunds directly impact working capital. Whether it is excess input tax credit, zero-rated supplies, export without payment of tax, or inverted duty structure, a properly maintained Excel-based refund working file can save…
-
Top 3 Reasons Why Companies Still Rely on Tally for Accounting, Compliance, and Business Control in India
In an era dominated by cloud accounting platforms and AI-powered ERPs, Tally continues to be a backbone of accounting operations for millions of Indian businesses. From micro enterprises to large mid-sized organizations, companies still rely heavily on Tally for day-to-day accounting, statutory compliance, and financial control. This dependence is not accidental. It is driven by…
-
Tally GST Configuration Complete Setup Guide for Accurate GST Compliance in India
Tally GST Configuration is the most critical step for any business using Tally to comply with India’s Goods and Services Tax system. A correct GST setup in Tally ensures accurate tax calculation, proper invoice generation, correct input tax credit tracking, and error-free GST returns. Many GST mismatches, notices, and filing errors arise not because of…
-
Best Bluetooth Keyboards for Accounting Work in India (2026 Buyer’s Guide)
Accounting professionals in India spend long hours on data entry, voucher posting, GST compliance, Excel reports, and Tally operations. A reliable Bluetooth or wireless keyboard is not just a convenience—it directly impacts speed, accuracy, and comfort. Choosing the right keyboard can reduce fatigue, improve productivity, and ensure seamless switching between devices like laptops, desktops, tablets,…
-
How to Generate GST E-Way Bill Online in India – Step-by-Step Process, Rules, Validity & Practical Guide
Understanding how to generate GST E-Way Bill online is a mandatory compliance requirement for businesses involved in the movement of goods in India. Under the Goods and Services Tax (GST) regime, an e-way bill is required for transporting goods beyond a prescribed value limit. Failure to generate or carry a valid e-way bill can result…
-
Top GST Questions for Job Interviews in India – Complete Guide with Answers, Examples, and Practical Insights
Preparing for top GST questions for job interviews is essential for anyone aspiring to work in accounting, taxation, finance, or compliance roles in India. Since the implementation of Goods and Services Tax (GST), companies expect candidates to have not only theoretical clarity but also practical understanding of registrations, returns, input tax credit, compliance timelines, and…
-
GST Summary Comparison in Tally and Excel: Detailed Guide for Accurate GST Compliance and Reconciliation
GST Summary Comparison in Tally and Excel is one of the most critical processes for businesses, accountants, and tax professionals in India. In the first 100 words itself, it is important to understand that GST compliance is not just about filing returns but also about ensuring that data reported in accounting software like Tally perfectly…