Different Types of Accounting Services

Accounting services in India are critical in handling financial records, GST compliance, taxation, payroll, and business reporting for enterprises such as consulting firms, IT companies, freelancers...

What is Section 194M?

Section 194M was introduced for situations where an individual or Hindu Undivided Family (HUF) makes a large payment to a resident contractor, professional, commission agent or broker but is not...

What are Limitations of Profit Earnings Ratio?

The Profit Earnings Ratio, commonly known as the Price to Earnings (P/E) Ratio, is one of the most widely used financial valuation tools in stock market analysis. It calculates the link between a...

What is Inventory Turnover Ratio?

A business may report good sales and profit but still face cash-flow problems if too much money is blocked in unsold stock. This is where the Inventory Turnover Ratio becomes useful. It tells a...

What is the Operating Profit Ratio?

The Operating Profit Ratio is a financial profitability ratio that indicates the link between a company’s operating profit and net sales. It assesses how effectively a company generates profit...

Significance of Gross Profit Ratio

In today’s competitive financial market, every business owner, startup creator, and investor must understand the importance of the Gross Profit Ratio. Sharda Associates provides skilled...

How to calculate the Quick ratio

Sharda Associates offers experienced financial consulting services throughout India, including accounting support, project reports, GST registration, income tax filing, loan paperwork, and corporate...

Significance of the current ratio

After three years of increasing sales, a shop owner in Bhopal once questioned why his loan was delayed. His income has nothing to do with the solution. His balance sheet had a current ratio of 0.85 in...

How to calculate the current ratio?

The current ratio compares what a business owns short-term against what it owes short-term. The formula itself takes five seconds to write down. Getting the right numbers into it — pulled correctly...