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 prepare a trial balance with this easy step-by-step guide. Understand the format, rules, examples, common mistakes, and how accounting software like LedgerX simplifies trial balance preparation for businesses.
GST invoicing software helps businesses create compliant GST invoices, manage taxes, generate reports, and simplify accounting. Learn how LedgerX makes GST billing fast, accurate, and fully cloud-based for Indian businesses.
Confused between a Trial Balance and a Balance Sheet? Learn their differences, purposes, formats, and practical examples. Discover how LedgerX automatically generates both reports for your business.
Current assets and current liabilities are two essential components of every business balance sheet. Learn their meaning, examples, differences, and how LedgerX helps businesses track them automatically.
Closing balance is one of the most important figures in business accounting. Learn how to calculate closing balances accurately for cash, bank, customers, suppliers, and ledgers with practical examples using LedgerX Accounting Software.
Preparing an opening balance sheet is one of the first steps in setting up your business accounts. This guide explains what an opening balance is, why it is important, and how to record assets, liabilities, and capital correctly using LedgerX accounting software.
Manage GST, payroll, invoicing and compliance from one platform.
