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…
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…
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,…