Learn the fundamentals of double-entry bookkeeping, ledgers, reconciliation and the month-end close — the foundations every business owner should know.
A complete 10-minute guide to month-end accounting close: bank reconciliations, accruals, AR/AP aging audits, inventory valuation, GST matching, trial balance, and period locking.
A complete 10-minute guide to depreciation in India: SLM vs WDV, Income Tax Block of Assets rules vs Companies Act Schedule II useful life, 180-day half-rate rules, and DTA/DTL.
A complete 10-minute guide to structuring a Chart of Accounts (CoA): 5 core account types, numerical ledger numbering systems, sub-account hierarchies, and Schedule III rules.
A complete 10-minute guide comparing Accrual Accounting vs Cash Basis: Revenue Recognition, Matching Principle, tax rules under Income Tax Act & Companies Act, and pros/cons.
A complete 10-minute guide to Bank Reconciliation Statements (BRS): timing differences, unpresented cheques, uncleared deposits, bank charges, and worked numerical examples.
A complete 10-minute guide to Cash Flow vs Net Profit: why profitable companies go bankrupt, the 3 cash flow activities, liquidity vs solvency, and practical strategies to manage cash.
A complete 10-minute guide to reading a Balance Sheet: understanding current vs fixed assets, short-term vs long-term liabilities, owner equity, working capital, and key solvency ratios.
A complete, 10-minute guide to reading and analyzing a Profit & Loss (P&L) Statement: key components, worked line-by-line examples, essential profit margins, and how to use it for smart business decisions.
An in-depth, 10-minute guide to double-entry accounting: how debits and credits work, the core accounting equation, worked transaction examples, and why every business needs it for growth and tax compliance.
Debits, credits and the golden rules of accounting — explained with everyday examples so any business owner can finally understand how the books balance.