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The Institute of Chartered Accountants of Indiaย โขย 21d
So basically, it's a Cash and Accrual Concept. Let me summarise this, both are methods to record accounts and transactions ( you can choose either). Cash Concept- when you record transaction entries based on when the actual cash is spent or received no matter the financial period. Accrual Concept- when you record any transaction based on when it is earned or spent, no matter whether it's actually received or spent (maybe it is an outstanding transaction).
Adjuva Legalย โขย 2m
Profit vs. Cash Flow ๐ธ: The Silent Startup Killer! ๐ Heads up, founders! You can be 'profitable' on paper but still go bankrupt. Why? Profit: Revenue - Expenses (often accrual-based). Cash Flow: Actual cash IN โก๏ธ - Actual cash OUT โฌ ๏ธ. Problem:
See MoreJack of all trades, ...ย โขย 3d
Day 2/60 Spent hours researching NFT integration & hardware APIs that won't matter for weeks. But stumbled upon Solana's sealed/unsealed concept - struck multiple wild ideas Interested to discuss anyone? #BuildInPublic #FocusMatters #Solana #Web3
See MoreHey I am on Medialย โขย 10m
Concept validation needed ? India is full of black money and many people has lot's of Courrupted black money but most of them are try to making it white but the main problem is that government agencies are tracking them easily and now it's really h
See MoreAspiring entrepreneu...ย โขย 10m
The idea is to create a trust-based escrow service for first-time (or can be used when the transaction amount is hight such as in real state transactions) between buyers and sellers, addressing the issue of trust where neither party knows the other w
See More100x target through ...ย โขย 1y
In the era of DigitalIndia, it's surprising when transaction details are not readily available. What's happening here? Even if a wrong transaction or fraud occurs, what can cybercell really do? They will eventually extract the details. Therefore, one
See MoreHey I am on Medialย โขย 1y
OPPORTUNITY inshorts news reader app worked well as concept when it started, the concept still remains desirable. But they have killed their own product with constant advertisement and influencer based content. Greed has found its founders. It is a
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