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General Accounting

Home » Archive by Category "General Accounting"
13 Jun
General Accounting

Bank Guarantee Vs Letter of Credit – Examples and Differences

  • June 13, 2023
  • By author-avatar admin
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Letters of credit and (LCs) and bank guarantees, both these financial instruments offer guarantees in trade transactions. This makes it...

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13 Jun
General Accounting

Foreign Exchange Management Act (FEMA) – Regulations, Guidelines & More

  • June 13, 2023
  • By author-avatar admin
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1. What is FEMA ACT? The full form of FEMA stands for ‘ Foreign Exchange Management Act ’, an official body that consolidates and amen...

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13 Jun
General Accounting

How To Apply For PAN Card For Your Business

  • June 13, 2023
  • By author-avatar admin
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What is a Permanent Account Number Permanent Account Number, or PAN, is a 10-digit alpha-numeric unique identifier issued by the Incom...

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13 Jun
General Accounting

How to Open a Current Account?

  • June 13, 2023
  • By author-avatar admin
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What is a Current Account? When setting up any new business, a bank account will be required to handle the flow of money and funds. Un...

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13 Jun
General Accounting

Interest Equalisation Scheme | Everything Indian Exporters should know

  • June 13, 2023
  • By author-avatar admin
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What is Interest Equalisation Scheme? The Interest Equalisation Scheme (IES) was implemented on 1st April 2015 to provide pre and post...

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13 Jun
General Accounting

Marine Insurance | Meaning, Types, Benefits & Coverage

  • June 13, 2023
  • By author-avatar admin
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What is Marine Insurance? Marine insurance refers to a contract of indemnity. It is an assurance that the goods dispatched from the co...

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13 Jun
General Accounting

The Complete Guide to Export Bill (Invoice) Discounting

  • June 13, 2023
  • By author-avatar admin
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Like any other bills of exchange, export agreements usually begin formally when the supplier or seller issues an Export Bill or an Expo...

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13 Jun
General Accounting

The Complete Guide to Export Bill (Invoice) Discounting

  • June 13, 2023
  • By author-avatar admin
  • 0 comments
Like any other bills of exchange, export agreements usually begin formally when the supplier or seller issues an Export Bill or an Expo...

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13 Jun
General Accounting

Export Payment Terms – CAD, DP, DA, LC, OA & Advance Payments Test

  • June 13, 2023
  • By author-avatar admin
  • 0 comments
What are Export Payment terms? Export Payment Terms are a crucial part of International Trade, based on which exporters and importers ...

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13 Jun
General Accounting

Overdraft Facility – Meaning, Features & How to Apply Overdraft Facility

  • June 13, 2023
  • By author-avatar admin
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Many businesses find themselves in a fix when they need to make urgent transactions to their client but are short of funds. Sometimes t...

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