GST and Accounting for Amazon, Flipkart & Online Marketplace Sellers
GST

GST and Accounting for Amazon, Flipkart & Online Marketplace Sellers

Selling on Amazon, Flipkart or another online marketplace involves more than recording sales. Learn how GST, TCS, platform fees, returns, inventory and settlement reconciliation work, with practical examples for Indian sellers.

LedgerX Team • 12 Nov 2026

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GST

GST E-Invoicing from January 2027: Reverse Charge Purchases and Import of Services Explained

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.

LedgerX Team • 12 Nov 2026
GST E-Invoicing from January 2027: Reverse Charge Purchases and Import of Services Explained
GST

GST Changes from November 2026: Post-Supply Discounts, ITC and Refund Rules Explained

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.

LedgerX Team • 12 Nov 2026
GST Changes from November 2026: Post-Supply Discounts, ITC and Refund Rules Explained
ACCOUNTING

Inventory Accounting Software for Small Businesses: How to Track Stock, Sales and Costs

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.

LedgerX Team • 23 Oct 2026
Inventory Accounting Software for Small Businesses: How to Track Stock, Sales and Costs
BUSINESS

How to Track Business Expenses and Improve Profitability

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.

LedgerX Team • 20 Oct 2026
How to Track Business Expenses and Improve Profitability

Latest Articles

GST E-Invoice Rules in India 2026: 30-Day IRN Limit, Applicability & Compliance
GENERAL

GST E-Invoice Rules in India 2026: 30-Day IRN Limit, Applicability & Compliance

GST e-invoicing is an important part of tax compliance for eligible businesses in India. It standardises how specified GST invoices and related documents are reported to the government-notified Invoice Registration Portal (IRP), helping businesses maintain consistent records and reducing manual data entry. One important requirement businesses should understand is the 30-day e-invoice reporting restriction introduced for taxpayers with an Aggregate Annual Turnover (AATO) of ₹10 crore or more from 1 April 2025. Eligible businesses in this category cannot report covered documents to the IRP once they are more than 30 days old. However, this is not the same as the threshold for mandatory e-invoicing. Understanding both requirements helps businesses establish appropriate invoicing processes and avoid reporting delays. In this guide, we explain GST e-invoice rules in India for 2026, the applicability threshold, the 30-day IRN reporting limit, important exemptions, and practical steps businesses can take to maintain compliance.

LedgerX Team • 15 Oct 2026
How to Import Excel Data into Accounting Software in India
ACCOUNTING

How to Import Excel Data into Accounting Software in India

Many Indian businesses maintain their accounting records in Excel before moving to accounting software. Spreadsheets are useful for basic calculations and record-keeping, but managing invoices, inventory, customer balances, expenses and financial reports becomes more complicated as a business grows. Moving existing records into accounting software can reduce repetitive data entry and make ongoing accounting easier. However, the migration needs to be planned carefully. Incorrect opening balances, duplicate customer records or incomplete inventory information can affect the accuracy of future accounts. This guide explains how to import Excel data into accounting software in India, which records to prepare, how to check the data before importing it, and what to verify after migration.

LedgerX Team • 14 Oct 2026
Invoice Number Meaning: Format, Rules & Examples
ACCOUNTING

Invoice Number Meaning: Format, Rules & Examples

Every business that creates invoices needs a reliable way to identify each transaction. An invoice number helps businesses organise sales records, track payments, communicate with customers, and retrieve documents when needed. Understanding the invoice number meaning is particularly important for Indian businesses that issue GST invoices and maintain sales records for accounting and tax purposes. In this guide, we'll explain what an invoice number is, show common invoice number formats, discuss numbering practices for GST invoices, and explain how to create a consistent numbering system for your business.

LedgerX Team • 14 Oct 2026
Capital Account in Accounting: Meaning, Types, Format & Examples
ACCOUNTING

Capital Account in Accounting: Meaning, Types, Format & Examples

Learn what a capital account is in accounting, its types, format, journal entries, examples and how capital affects a business balance sheet.

LedgerX Team • 30 Sep 2026
How to Prepare a Profit & Loss Statement: Format, Formula & Examples
ACCOUNTING

How to Prepare a Profit & Loss Statement: Format, Formula & Examples

A Profit & Loss statement shows whether a business made a profit or loss during a specific period. Learn the P&L format, understand revenue and expenses, and see simple examples of how to calculate gross and net profit.

LedgerX Team • 24 Sep 2026
What Is a General Ledger? Meaning, Format, Examples & How It Works
ACCOUNTING

What Is a General Ledger? Meaning, Format, Examples & How It Works

A general ledger is one of the foundations of accounting. Learn what a general ledger is, how transactions move from journals to ledger accounts, with simple examples, formats, debit and credit entries, and its connection to the trial balance.

LedgerX Team • 24 Sep 2026

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