Best accounting software keeps your financial data organized and provides more accurate information anytime when you need it. In India we have many accounting software for business use. For small business, it’s not required to have a complex ERP package. The thing that is required to know is how your money has been spent and how much revenue you have generated for a … [Read more...] about 5 best accounting software for small businesses in India
Finance
8 things one should understand before applying for a home loan
Most of the home loan applicants come to know about the requirements and terms after applying for it. Let us look at some of the most important terms that the applicant should know before applying for a home loan. In this article we have tried to clear some of your doubts on various terms that are used in home loan. Principal Amount It’s the home loan amount which bank … [Read more...] about 8 things one should understand before applying for a home loan
Partnership firm or private limited company – which one is better to start with
If you have more than two persons to start an organization then you can select either of the two form of business i.e. partnership firm or private limited company. If you are alone and do not have any one to join in then go for sole proprietorship business which does not require any registration to start. With more than one person, you can go for either of the two. To get … [Read more...] about Partnership firm or private limited company – which one is better to start with
What is the difference between a debit card and credit card
Many questions are asked on debit and credit cards like, when should i use it, what is the difference between a debit and credit card. All these questions will be answered when we know the real difference between a debit and credit card. Both offer more than a way to access cash or money without having to carry around cash. These cards carry either the symbol of VISA or … [Read more...] about What is the difference between a debit card and credit card
Fixed or Floating interest rate – Which one to select for your home loan
Interest rate is the most critical part of your home loan as it determines the cost of borrowing. While taking home loan, you may required to decide between fixed and floating interest rate that your bank offer. You need to do proper homework before rushing into bank for a home loan. Choosing the best option out of these two is always a complex matter. Let us discuss both … [Read more...] about Fixed or Floating interest rate – Which one to select for your home loan
Types of ATM frauds and a checklist for your security
After the brutal attack on a woman bank official at an unguarded ATM machine in Bangalore, it’s time for us to think about ATM frauds and know how to overcome such type of incidents in future. ATM machines are provided to help customers in withdrawing cash, checking account balance and to manage different transactions instead of visiting the branch. However, some peoples are … [Read more...] about Types of ATM frauds and a checklist for your security
What is add-on credit card – how to manage it
As the term "add-on" suggests, its issued as a supplementary card to the dependents of original card holder which includes parents, spouse or children. Being a husband you can ask your bank to issue an add-on credit card to your wife for your groceries and other expenses. It comes with a very basic fee, which varies between Rs 150 to Rs 1000. Some banks are also offering it … [Read more...] about What is add-on credit card – how to manage it
How to change the default font on MS Word 2010
Fonts are used in word to display contents of your documents. In order to change MS word’s default font to your preference, you have to set that settings in place and then select the option to make it as default. After setting the font style as a default one, it will be applicable to every new document that is opened up in your system. You will not be required to change the … [Read more...] about How to change the default font on MS Word 2010
What is Cheque Truncation System – CTS cheque
Cheques are still the prominent mode of payment in India even after introduction of RTGS and NEFT form of making payments. To improve efficiency of Cheque clearing process, RBI has issued CTS as an alternative to the old process of clearing cheques in physical form. Under CTS, Cheques can be cleared electronically. Cheque truncation is a process used in CTS, in which an … [Read more...] about What is Cheque Truncation System – CTS cheque
Prepayment of your home loan – To prepay or not to prepay
In India, home loan is usually the biggest debt that a common man takes on during his/her lifetime. When you pay off your home loan either entirely or in part before the defined due date, it will be called as prepayment. By choosing the option of periodic prepayment you can reduce your principal amount by which your interest amount on home loan will also reduces resulting … [Read more...] about Prepayment of your home loan – To prepay or not to prepay