Finance Glossary

One-liner Bookkeeping involves keeping track of all financial records, including receipts, invoices, and other documents related to a business’s financial activities. Bookkeeping is a crucial aspect of any business, as…

One-liner Accounts receivable (AR) refers to the money that a business is owed by its customers for goods or services that have been delivered but not yet paid for. Details…

In accounting, accounts payable refers to the money that a company owes to its creditors or suppliers for goods or services that have been received, but have not yet been…

India has 2 types of taxes – Direct (Income Tax) and indirect taxes (GST) Income Tax About the statute Governed by the Indian Income Tax Act 1961 along with IT…

One-liner This whole module is based on Indian Incorporation, US incorporation and cross border structures. Details Indian Incorporation: Overall there are 3 major types of incorporation: Private Limited Company, LLP…