Basics 4 min read
The Global and Indian Fintech Industry is in The Midst of a Boom Right Now
NASSCOM estimates that the market is expected to double from its current size of $1.2 billion to $2.4 billion by…
THE ARCHIVES
Author: Boomi Nathan.
J. BoomiNathan is a writer at SenseCentral who specializes in making tech easy to understand. He covers mobile apps, software, troubleshooting, and step-by-step tutorials designed for real people—not just experts. His articles blend clear explanations with practical tips so readers can solve problems faster and make smarter digital choices. He enjoys breaking down complicated tools into simple, usable steps.
Basics 5 min read
Outsource Everything but Accounting, Quality Control and Sales
It’s no secret that most startups are undercapitalized. They need every penny just to stay in business long enough to…
Basics 4 min read
3 Major Benefits of Updated Bookkeeping and Accounting Records
1. Strategically ladder-up your revenue As a freelance writer for my primary income, one of my biggest goals is finding the…
Basics 7 min read
30 Basic Accounting Terms, Acronyms and Abbreviations Students Should Know
1. Accounts receivable (AR) Accounts receivable (AR) definition: The amount of money owed by customers or clients to a business after…
Basics 5 min read
Small Business Accounting and Bookkeeping Basics You Can’t Ignore
Bookkeeping is the primary task in every business organization, regardless of their size. Many small business entrepreneurs forget that the…
Basics 5 min read
What Options Do You Have for Accounting Services?
Okay, so you’re sold on the importance of accounting. Hooray! Next up, as a business owner you should be aware…
Basics 4 min read
Basic Accounting for Small Business
Accounting can be a daunting subject for a business owner, and if I’m being honest, more than a little boring.…
Basics 7 min read
Financial Accounting | Basic Concepts and Principles
Definition and introduction Profit, it has been said often, is the sole objective of business. Therefore, for those running a…
Basics 4 min read
Understanding Debits and Credits
As a small business owner, you may be struggling with the concept of what is debit (DR) and credit (CR).…
Basics 14 min read
10 Accounting Basics You Need to Know to Run a Successful E-commerce Business
1. Get yourself accounting software Don’t try to piece it all together using excel or a calculator. Do yourself a…
Basics 3 min read
Revenue Recognition Principle
So when do you recognize revenue in your reports, statements and forecasts? Let’s start with defining the revenue recognition principle,…
Basics 2 min read
Basic Accounting Data Collection And Recording Terms
Account: This is where you keep a detailed record of each asset, liability, revenue, or expense. An account will show the…