Finance is a term for matters regarding the management, creation, and study of money and investments. Specifically, it deals with the questions of how an individual, company or government acquires money – called capital in the context of a business
3 mn read An owner may withdraw money from his/her business for personal needs; this is referred to as an owner’s draw. A record should be maintained when the business owner withdraws money from their company’s assets for personal purposes. If the money withdrawn is not properly recorded, it can create confusion in the company’s accounts. To keep […]
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3 mn read An Advance Pricing Agreement (APA) is a bilateral agreement between a taxpayer and the tax authorities that outlines the method for determining the arm’s length price of a particular transaction or set of transactions between related parties. The purpose of an APA is to provide certainty and reduce the risk of transfer pricing disputes between […]
2 mn read A subset of denied party screening, OFAC screening stands for The Office of Foreign Assets Control screening, applies on entities that engage in transactions using US Dollars anywhere inside or outside the country. OFAC compliance also recognizes sanctions and embargoes on countries or political jurisdictions. Therefore, OFAC screening is pivotal to compliance needs for a […]
3 mn read NFTs have gained popularity in recent years due to their ability to provide ownership and authenticity for digital assets. They have been used to sell digital art, music, and collectibles, as well as to authenticate and track the ownership of physical items, such as luxury goods and sports memorabilia. What is NFT? An NFT, or […]
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5 mn read Bookkeeping is a crucial part of every business, and real estate is no exception. Although financial data might not be your thing, it is necessary to stay on top of your finances and make sure all your transactions are documented accurately. Bookkeeping is a significant part of any business and an important one at that. […]
3 mn read Transfer Pricing was introduced in India in 2001 and since then it has gone through numerous changes in respect to amendments for the purpose of strengthening the rule. Transfer Pricing is a policy framework which helps the government to enforce tax laws effectively and efficiently. This topic has been debated for many years, with amendments […]
3 mn read Salesforce Sales Cloud is a software-as-a-service (SaaS) customer relationship management (CRM) platform for sales and marketing professionals. The platform provides users with tools to automate and manage their sales processes, from prospecting and lead management to quotes and orders. In this guide, we will give you an overview of the features of Salesforce Sales Cloud […]
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2 mn read A forex card provides a safer and convenient option than carrying liquid cash when you are visiting another country. It carries multiple currencies and is accepted anywhere you go. It is like your credit card in which you loan multiple foreign currencies at a fixed forex money exchange rate, and it can be used to […]
2 mn read When it comes to safety from ballistic projections, there are many modern ways through which a person can protect themself from ballistic projectiles. And among these ways, using ballistic plates for personal safety is one of the best ways to protect themselves from ballistic projectiles. So what are these ballistic plates? And are they better […]
2 mn read The electrical Discharge Machining also known as EDM is an electrical device or a machining technique which is utilized for the processing of metals that are hard to work with. It is mostly used with hard metals which are not processed using traditional techniques and methods. EDM, however it is limited to metals that can be electrically […]
