Category: Book Keeping


As per Schedule III of Companies Act 2013, trade payables described as: A payable shall be classified as a “Trade Payable” if it is in respect of the amount due on account of goods purchased or services received in the Read more…


Letter of Credit: Letter of Credit is a credit letter from bank assuring of a buyer payment to a seller. Buyer payment to a seller will be clear on time in specified currency with specified amount subject to fulfill defined Read more…

“It is better to live in your own destiny imperfectly than to live an imitation of somebody else’s life with perfection”

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