Business accounting can cause headaches for a variety of reasons but, if done right, issuing credits to your customers does not have to be one of the causes. Credit memos are a simple way of adjusting ...

A new facility in Invoice Management System (IMS) has been introduced on GST portal wherein taxpayers are allowed to keep ...

If goods are exchanged, the Requester creates and submits a new requisition for the replacement goods. The original invoice for the returned goods and any invoices for replacement goods must be paid ...

If you need to adjust the credit balance in a customer's account, you have to use a different process depending on whether you're increasing or decreasing the credit balance. If you're decreasing the ...