Tag

bookkeeping
Growing importance of ESG investing
The increasing demand for ESG (Environment, Social and Governance) investing is pushing corporates to become more responsible socially. Organizations are becoming more aware of the challenges and the negative impact of climate change and biodiversity losses that now stare at the world. With this view, organizations are now focusing on considering non-financial factors in the...
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limitations of e-commerce businesses that you must know in 2022
Introduction Thanks to the growing strength of the internet, e-commerce is rapidly evolving across the globe. As per research, the Indian e-commerce industry has the potential to outperform more mature markets and become the third largest market in the world with US$ 350 billion by 2030. Have you been thinking of setting up an e-commerce...
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ways to save time and money in accounting and bookkeeping
A business owner is very keen to track every business expense in the initial stage.  But as the business grows, the process gets complicated.  In such cases, managing business and accounts tend to become tedious.  But what if we told you there is a more straightforward way to manage time and money in accounting? To...
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6 simple tricks to avoiding business financial frauds in 2023
Online fraud has become accustomed to top businesses of today. Multiple well-established brands fall under the pit of financial statement fraud. Understanding and protecting yourself from illegal acts can save you from heaving losses and bankruptcy. There are multiple fraud examples that answer the why of this action. Thus, to avoid them, this blog shares...
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3 Signs You Need To outsource Bookkeeping Of Your Business
Finance is the lifeblood of every business. Funds are required to begin, grow and sustain a business. Though the founding team mainly does funds management, CEO/COO/CXO/CFO, accounting professionals take care of the accounting process. Read on to find out the best hands to manage your business accounts. Traditional working methods Businesses have been employing accounting...
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Solutions for small business owners to overcome their accounting challenges
Small businesses face many challenges and roadblocks while carrying on their day-to-day operations as compared to larger organizations that are well equipped to encounter them. Small business owners juggle between various tasks and thus accounting as a business function takes a back seat, which ultimately affects their business growth, profitability and survival. Some simple solutions...
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RBI's primary instruments for keeping inflation under control.
The Repo Rate is the interest rate at which commercial banks borrow money by selling assets to our country’s central bank, the Reserve Bank of India (RBI), in order to maintain liquidity in the event of a fund shortfall or regulatory measures. It is one of the RBI’s primary instruments for keeping inflation under control....
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A virtual bookkeeper assists you in implementing a financial procedure that enhances your firm and creates an effective follow-up.
Many business owners seek total control of their firm, because of which they neglect to outsource non-core services such as bookkeeping. However, a prevalent misperception is that it is more expensive to do so than to manage the procedures internally. On the contrary, outsourcing your accounting back office to a virtual bookkeeping assistant might improve...
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Diligen - Blog Images - July 22 (1)
Good Tax planning will help you enjoy the results of your following Income Tax returns. While the 2022 tax season is complete, there is no time to take a relaxed position. The best way to save on taxes is to acknowledge the list of significant returns. There are multiple tax-saving investments available that demand your...
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Diligen
The perks of outsourcing finance and accounting services are multiple. The common one beings save time, is a cost-effective method, etc. Today multiple small and medium-sized businesses are rendering this outsourcing services with confidence. What makes them trust these book-keeping services is exactly what our blog will cover today.  Why Should Your Business Outsource Finance...
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