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Understanding Bill Discounting: A Conversational Guide to Accounting and Risks
access_time 2024-06-21T08:55:02.073Z face CA N Raja
Understanding Bill Discounting: A Conversational Guide to Accounting and Risks Vinu: Manu, this bill discounting sounds interesting, but the accounting side confuses me. Can you explain it with rupees? Manu: Sure, Vinu. Imagine our company has a ₹10,000 bill of exchange due in 60 days from a client....
How Vendor Financing Empowers Indian SMEs: A Detailed Discussion
access_time 2024-06-20T15:20:38.144Z face CA N Raja
How Vendor Financing Empowers Indian SMEs: A Detailed Discussion Vinu: Hey Manu, I was reading about different financial services and came across something called Vendor Financing. Can you explain what it is? Manu: Sure, Vinu! Vendor Financing is a financial arrangement where a bank provides financi...
Understanding LC Bill Discounting
access_time 2024-06-20T10:50:27.896Z face CA N Raja
Understanding LC Bill Discounting: A Guide for Exporters Vinu: Hey Manu, I've been hearing a lot about LC bill discounting lately. Can you explain what it is? Manu: Sure, Vinu. LC bill discounting is a financial service that allows exporters to receive immediate cash by selling their export bills to...
Mastering Financial Tracking in Interior Design
access_time 2024-06-13T09:55:38.695Z face CA N Raja
Mastering Financial Tracking in Interior Design: Understanding the Percentage of Completion Method Vinu: Hey Manu, I'm working on a big interior design project and trying to figure out how to account for it financially. I heard about this percentage of completion method, but I'm not sure how it appl...
Leveraging GST Data
access_time 2024-06-13T09:33:30.247Z face CA N Raja
Leveraging GST Data: How Banks Evaluate Borrowers for Business Loans Vinu: Hey Manu, I've been hearing a lot about how banks are using GST data to evaluate borrowers for business loans. Can you explain how that works? Manu: Sure, Vinu. GST data provides a detailed and reliable financial snapshot of ...
