How to Generate an e-Invoice: A Complete Guide
E-invoicing has become a critical component in the modern business landscape, particularly for companies registered under the GST framework.…
Connected Banking: Meaning, Benefits & How It Works
Banking today often feels unnecessarily complicated. Multiple apps demand different login credentials. Transfers between accounts take days…
Minimum Order Quantity: What it is & Why it Matters
Understanding supply chain basics can make a real difference in how well a business performs. Minimum Order Quantity (MOQ) is one of these…
Inventory Management: Meaning, Benefits & Best Practices
Every business faces a delicate balancing act when it comes to inventory. Too little means disappointed customers and missed sales…
Delivery Challan Explained: Meaning, Format & Benefits
Every business that deals with goods movement—whether for sales, repairs, or stock transfers—needs proper documentation. While invoices are…
Savings Account Vs Current Account: Understanding Key Differences
Imagine standing at your bank, ready to open an account, but pausing at a crucial question: a savings account or a current account? This…
Debtors Vs Creditors: Key Differences Explained
In business and personal finance, the terms “debtors” and “creditors” represent essential financial relationships that…
What is a Debit Note? Meaning, Uses & Importance
Imagine you’re running a retail store, and you’ve just received a shipment of electronics from your supplier. Upon inspection, you…
Understanding Prepaid Payment Instruments (PPI) in Banking
Prepaid Payment Instruments (PPI) lets you purchase goods with prepaid money in your online wallets, paper vouchers, prepaid smart cards, and…
What is a Credit Note? Meaning, Uses & Benefits Explained
Every business transaction doesn’t always go as planned. When customers return products, dispute charges, or receive incorrect invoices,…