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

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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
How to Prepare a Profit & Loss Statement: Format, Formula & Examples
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
What Is a General Ledger? Meaning, Format, Examples & How It Works
ACCOUNTING

Current Ratio: Formula, Meaning, Examples & How to Calculate

The current ratio helps measure whether a business has enough short-term assets to cover its short-term liabilities. Learn the current ratio formula, see simple examples, understand what the result means and how it relates to working capital.

LedgerX Team • 24 Sep 2026
Current Ratio: Formula, Meaning, Examples & How to Calculate
ACCOUNTING

Sales Invoice: Meaning, Format, Examples & How to Create One

A sales invoice is an important document that records a sale and the amount a customer needs to pay. Learn what a sales invoice contains, see a practical format and GST example, and understand how to create one for your business.

LedgerX Team • 24 Sep 2026
Sales Invoice: Meaning, Format, Examples & How to Create One

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What is Cloud Accounting? Benefits, Features & Why Businesses Are Switching in 2026
ACCOUNTING

What is Cloud Accounting? Benefits, Features & Why Businesses Are Switching in 2026

Discover what cloud accounting is, how it works, and why thousands of Indian businesses are replacing desktop accounting software with secure, cloud-based solutions in 2026.

LedgerX Team • 30 Jun 2026
Best GST Billing Software in India (2026): Top 11 Compared (Features, Pricing & Free Options)
ACCOUNTING

Best GST Billing Software in India (2026): Top 11 Compared (Features, Pricing & Free Options)

11 Best GST Billing Software in India (2026) Choosing GST billing software is an important decision for Indian businesses that need to manage invoices, taxes, sales, purchases, inventory and customer payments. Modern billing software can do much more than generate invoices. Depending on the platform, businesses can also manage inventory, expenses, payments, bookkeeping, financial reports, GST-related records and other daily operations from one system. In this guide, we compare 11 GST billing software options available to Indian businesses in 2026, looking at: GST billing and invoicing Accounting features Inventory management Cloud access Automation and AI capabilities Ease of use Free plans Pricing structure Suitable business types The right choice depends on your business size, transaction volume, accounting requirements and the features you actually need.

LedgerX Team • 30 Jun 2026
Free Accounting Software for Small Businesses in India (2026): Features, Benefits & Best Free Options
ACCOUNTING_SOFTWARE

Free Accounting Software for Small Businesses in India (2026): Features, Benefits & Best Free Options

Looking for the best free accounting software for your small business? Compare the top free accounting software in India for 2026, including GST billing, inventory management, cloud accounting, AI features, and pricing to find the right solution.

LedgerX Team • 30 Jun 2026
Best Accounting Software in India (2026): Top 5 Compared (Features, Pricing & Free Options)
ACCOUNTING

Best Accounting Software in India (2026): Top 5 Compared (Features, Pricing & Free Options)

Looking for the best accounting software in India? Compare the top 5 accounting software solutions of 2026 based on features, GST compliance, pricing, cloud access, AI capabilities, and ease of use. Discover which software is ideal for startups, retailers, manufacturers, accountants, and growing businesses.

LedgerX Team • 30 Jun 2026

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