The Method for Recording Loans Payable in Accounting Books A company may sometimes take a loan if it requires additional capital to improve its business. Loans payable refers to the amount owed by a business to a bank, NBFC, private lender, other financial institutions, or even other businesses. Recording loans payable properly is essential, and…
The Reasons that Make India the Future of Offshore Accounting In recent years, India has become a major hub for offshore accounting services. The nation holds a big share of the international Knowledge Process Outsourcing (KPO) market and is the preferred destination over other competing nations. Many CPA and accounting firms in Europe, the US,…
Internet Paves the Way for Online Gaming Industry in India The onset of the internet saw many ways of life undergo an evolution that eliminated the need for physical presence. One of them is gaming. Traditional gaming was made possible at home, through the digital platform. From there came online gaming, and the rest is…
Business Tips: Fortifying Business Through DVR Shares in India Incorporated companies in India in the middle of a tight competition usually refer to their incorporation papers to get a hint as to how to cope up with extreme rivalry conditions with other entrepreneurs. The incorporation guidelines for their business provides legal methods which they can…
The Benefits of Mobile Payments for Businesses Near Field Communication (NFC) has enabled several companies to replace cash and credit cards with smartphones. They now accomplish daily tasks like paying for every goods and service using smartphones. Mobile payments for businesses help customers to make payments very easily and efficiently. The mobile payment merchandise is…
Useful Tips to Cope With the Challenges of Corporate Secretaries Company Secretaries are of great significance in any organization and help the business run smoothly. They fulfil management board requirements and also that of the staff and customers. However, the role of the secretary has evolved a lot in recent times. Today, the challenges of…
The Complete Legal Process Involved in Striking-Off an Indian Company Every entrepreneur dreams of being successful in his business, but some ventures fail due to certain unexpected reasons. If a business is unsuccessful, and the members have decided to close the company, they have to follow specific rules. There are two procedures for closing the…
The Procedure of ESOP for Startups and its Advantages Studies reveal that the number of startups in India has grown exponentially in recent years. To outdo the competition and be successful, startups need systematic planning of resources by getting the right assets and tools, along with an efficient team. Retaining existing employees by leveraging innovative…
