What is a Quick Ratio?
Quick Ratio - Cash powers business activities and a shortage of it will drive a business bankrupt. Cash is used to cover urgent expenses like salary and pensions, supplier invoices,…
Continue Reading What is a Quick Ratio?
What is the Current Ratio?
The Current Ratio is also known as the Working capital ratio, is used by business to calculate their potential to pay off their short term liabilities (within 1 year) using…
Continue Reading What is the Current Ratio?
Types of Ratio Analysis
Ratio analysis is the method of evaluating financial ratios which are required to reflect a firm's current financial output utilizing a few different forms of ratios like liquidity, profitability, activity,…
Continue Reading Types of Ratio Analysis
What is the Profitability Ratio?
Profitability ratios are a group of financial metrics which are applied to determine a company's potential to produce profits over time in relation to its revenue, operating costs, balance sheet…
Continue Reading What is the Profitability Ratio?
What is GSTR 4 – Due date, Penalties and how to file it?
GSTR 4 is a form that approved taxpayers who have signed up for the composition scheme must submit a return once every three months. They are also called composition vendors.…
Continue Reading What is GSTR 4 – Due date, Penalties and how to file it?
What is GSTR 7 – Who should file it, Due date and how to file it?
The GSTR 7 is a paper or declaration submitted by individuals who subtract tax from payments made to suppliers for inward supplies received. This return would include the specifics of…
Continue Reading What is GSTR 7 – Who should file it, Due date and how to file it?
What Is GSTR 10 – Eligibility, Due date and how to file it?
The GSTR 10 is a document or statement which a GST registered individual must file if they want to terminate their GST registration or close their company, be it willingly…
Continue Reading What Is GSTR 10 – Eligibility, Due date and how to file it?
What is GSTR 2?
GSTR-2 is a purchase return that must be submitted by all GST licenced individuals. In the GSTR 2, taxpayers must insert information about their inward supplies. The GSTR-2 is a…
Continue Reading What is GSTR 2?