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.
Learn how to calculate gross profit with simple formulas, practical examples, and step-by-step instructions. Understand the difference between gross profit and net profit, how to improve profitability, and how LedgerX Accounting Software helps businesses calculate gross profit automatically.
Learn what a Ledger Account is, why it is important in accounting, its types, format, examples, and how businesses maintain accurate ledger accounts. Discover how LedgerX Accounting Software automates ledger management for faster and error-free bookkeeping.
Learn what a Cash Book is, its purpose, types, format, and practical examples. This comprehensive guide explains how to maintain a Cash Book accurately and how LedgerX Accounting Software automates cash and bank transaction management for businesses.
Learn journal entries with practical examples and solutions. This comprehensive guide explains debit and credit rules, common business transactions, journal entry formats, and how LedgerX Accounting Software automates journal entries for accurate bookkeeping.
Learn how to create a Profit & Loss (P&L) Statement with this comprehensive guide. Understand the P&L format, key components, calculation methods, examples, common mistakes, and how LedgerX Accounting Software helps businesses generate accurate profit and loss reports instantly.
Learn how to prepare a balance sheet with this comprehensive step-by-step guide. Understand the balance sheet format, components, examples, common mistakes, and how LedgerX Accounting Software helps businesses generate accurate balance sheets instantly.
Manage GST, payroll, invoicing and compliance from one platform.
