From 1 January 2027, GST e-invoicing will cover additional inward transactions, including specified purchases from unregistered suppliers under reverse charge and imports of services. Learn what is changing, which businesses may be affected and how to prepare your accounting processes.
GST rules changed from 1 November 2026, affecting post-supply discounts, credit notes and certain refund provisions. This guide explains the amendments, their practical impact on businesses, and the accounting records you should maintain.
Managing stock without accurate purchase, sales and cost records can lead to stock discrepancies and unreliable profit calculations. Learn how inventory accounting software helps small businesses track stock movement, understand inventory costs and maintain organized financial records.
Learn how to track business expenses, organize costs, identify unnecessary spending and understand your profit margins. Discover practical expense management strategies for Indian small businesses and how accounting software like LedgerX can simplify financial tracking.
Gross profit shows how much a business earns after subtracting the direct cost of goods or services sold. Learn the gross profit formula, COGS calculation, gross profit margin, examples and how to use these metrics to understand business profitability.
AI is changing how businesses manage accounting, bookkeeping and financial information. Learn how AI accounting software, automation and emerging agentic AI are transforming invoicing, reconciliation, reporting and business finance in 2026.
Excel can work well when a business is small, but growing transactions, GST, inventory, payments and reporting can make spreadsheets difficult to manage. Learn when it's time to switch to accounting software and compare five popular options for Indian businesses.
A GST invoice is more than a bill—it is an important document for recording taxable sales and supporting GST compliance. This complete guide explains the GST invoice format in India, mandatory fields, types of invoices, GST tax calculations, common mistakes, and how businesses can create professional GST invoices using accounting software.
Choosing the right GST accounting software can make billing, bookkeeping, inventory management and financial reporting much easier. Learn what features to look for, how GST accounting software works, and how to choose the right solution for your business in India.
Learn how to calculate a Profit and Loss Statement step by step. Understand the P&L formula, revenue, COGS, gross profit, operating expenses, net profit, margins and how accounting software can simplify P&L reporting.
Manage GST, payroll, invoicing and compliance from one platform.
