5 Accounting tips for Start-ups!1. Keep it Light weight
The most easily manageable form of entity is called a sole proprietorship. This form of ownership requires NO special communication or filings to the Registrar of Companies or Income Tax. As a sole proprietor, you have an exemption to Tax Registrations and Mandatory audit till your [...]
Checkout our awesome new features!Version 2 of our product is now available.
In this release:
We focused on building features to help you find out where your money is coming from and going to by adding some charts to help you get a perspective of your business cash flows.
We have also added some functions which allow [...]
Invitation to a discussion on Business AccountingWe invite all Entrepreneurs, Startups, Small and Medium Businesses for a discussion cum consultation on Taxes and Accounting on 24th March, 2010 between 3PM – 5PM at EVOMA BUSINESS CENTRE, #14, Bhattarahalli, Near Garden City College, Old Madras Road, K R Puram, Bangalore 560 049
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Choosing the Right Accountant for your Small Business
You have a vacancy for the post of an accountant in your Office. More often than not, you come across, A Fresher who has a masters degree in Accounting and just completed a training course in Tally, A Non-Graduate with 3 years of experience in Tally, Your wife’s [...]
Future Testimonial
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This guy is awesome. After watching this, I couldnt stop dreaming, how easy accounting could be made. As he rightly mentions ” We are not interested in Computing, rather we are looking at Information “. A technology like this will simplfy accounting to unimaginable heights and will make computing as easy as waking up. And [...]
Being a Small Business ourself, we could relate to our clients problems of Bookkeeping and Accounting, however my endeavour to findout the real problem with a few clients resulted in a few funny conversations:
This is how it started with the prospective client:
Robin: “ We are developing an online accounting software for small businesses like yours…. [...]
1. Dont Panic
If the Income Tax Department has summoned you to their office, don’t panic. Often the questions are easy to answer or misunderstandings easy to clear up. You may be able to correct simple errors (e.g., incorrect PAN number on your return) by providing right information
2. Speak to the Tax Officer who sent the notice [...]
Get a sneak into our next Accounting Product!
Introducing, The New Accountant!
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Learn the process of preparing Accounts and reconciling Bank Statements