Accounting, tax and inventory guides.
Clear answers for business owners, accountants and Manufacturing Plant managers — from GST invoices to bills of materials.
Accounting basics
Accounting FAQs for Small Businesses
Straight answers to the most common accounting questions — bookkeeping, invoices, ledgers, depreciation, receivables, GST and VAT — for small and growing businesses.
Read guide · 3 min →Double-Entry Bookkeeping Explained Simply
What double-entry bookkeeping is, why every transaction has a debit and a credit, and worked examples for a sale, a purchase and a payment.
Read guide · 2 min →Chart of Accounts: What It Is and How to Set One Up
A chart of accounts lists every account in your books. Learn the five account types, sensible grouping, and tips for keeping it clean and useful.
Read guide · 2 min →Bank Reconciliation Explained: Steps, Example and Tips
How to reconcile your books with your bank statement — what to match, what causes differences, and a step-by-step example you can follow each month.
Read guide · 2 min →Proforma Invoice vs Tax Invoice: What's the Difference?
A proforma invoice is a preliminary bill; a tax invoice is the legal document for a sale. Learn when to use each and how to convert one into the other.
Read guide · 2 min →Credit Note vs Debit Note: Meaning, Uses and Examples
Credit notes reduce what a customer owes you; debit notes record extra charges or returns to a vendor. Learn when to use each, with simple accounting examples.
Read guide · 2 min →GST & VAT guides
GST Invoice Guide for India: Format, Mandatory Fields and Tips
What a GST tax invoice must contain in India — GSTIN, HSN/SAC, place of supply, CGST, SGST or IGST — with a checklist and common mistakes to avoid.
Read guide · 2 min →CGST, SGST and IGST Explained with Examples
Understand how GST splits into CGST, SGST and IGST, when each applies, and how place of supply decides the tax on an invoice.
Read guide · 2 min →What Is an e-Way Bill? When It Is Needed and How It Works
An e-Way Bill is an electronic document for moving goods in India. Learn when it is required, who generates it, what details it needs and and how validity works.
Read guide · 2 min →GSTR-1 vs GSTR-3B: Differences, Due Dates and Reconciliation
GSTR-1 reports your outward supplies; GSTR-3B is the summary return where tax is paid. See how they differ, what each contains and how to reconcile them.
Read guide · 2 min →VAT in Thailand: Rates, Registration and Tax Invoices Explained
A plain-English overview of Value Added Tax in Thailand — who must register, how tax invoices work, input and output VAT, and monthly returns. Always confirm current rates.
Read guide · 2 min →VAT in Vietnam: Rates, Invoices and Returns Explained
An overview of Value Added Tax in Vietnam — standard and reduced rates, input credit, invoices and returns. Rules change often, so confirm the current position.
Read guide · 2 min →Inventory & manufacturing
Inventory Management: A Practical Guide for Small Businesses
What inventory management is, why it matters, and the core practices — tracking, valuation, reorder levels, counts and reports — with tips for traders and manufacturers.
Read guide · 2 min →FIFO vs Weighted Average: Inventory Valuation Methods Compared
Compare FIFO and weighted average costing with a worked example, and learn how each affects cost of goods sold, profit and closing stock value.
Read guide · 1 min →Bill of Materials (BOM): What It Is and How to Create One
A bill of materials lists the raw materials and quantities needed to make a product. Learn BOM structure, a simple example, costing, versioning and common mistakes.
Read guide · 2 min →Barcode Inventory System: Types, Benefits and Setup
How barcodes speed up stock-taking and billing, the difference between Code128, QR and EAN-13, and practical steps to start labelling your products.
Read guide · 1 min →Reorder Level and Safety Stock: How to Calculate Them
Learn what reorder level, safety stock and lead time mean, with simple formulas and an example so you reorder before you run out — without overstocking.
Read guide · 1 min →Choosing software
These guides are general information, not accounting, tax or legal advice. Rules and rates change — confirm the current position with a qualified professional.
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