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The impact of AI in auditing is increasing day by day. There was a time when auditors manually checked financial records and transactions. This process
The General Ledger is the core of accounting, where all financial transactions are finally recorded. It helps businesses track income, expenses, assets, and liabilities in
We all know that inventory valuation is the process of finding the value of stock held by a business at a specific date. We all
Depreciation is one of the most important concepts in accounting because it explains how the value of fixed assets reduces over time. We have always
In order to prepare for the interviews on rectification of errors, you have to be well prepared. For that, you should know about what rectification
Cashbook is an important record that shows all cash received and paid by a business. In Interviews, important cash book questions usually cover the types,
When you are working in Excel, you will be more likely to notice that you are spending more time finding data. Maybe you are looking
Have you ever withdrawn cash from an ATM or transferred funds between your two accounts? Then you have done a contra entry here. Contra entries
Under the GST System, registered businesses are required to share transaction information with the government. Among the various returns, the most commonly used are GSTR-1
The Goods and Services Tax (GST) concept had to go through different considerations by several governments in India, and it was implemented on July 1,
The full form of IGST is Integrated Goods and Services Tax under the GST system. The rules and provisions related to this are set out
SAP MM paired with the S/4 HANA is the new version of the SAP software, which is designed for working on a special database called
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