Author: CA Jiby Joseph

An escrow is a financial management where a third party maintains and controls the transfer of the funds needed by two parties involved in a transaction. It helps make transactions safer by holding the payment in a stable escrow account...

The benefits of accounting for business are numerous and effective. Accounting is considered the very lifeblood of a business, and its importance is known to every businessman. With an increase in business opportunities, there has also been an increase in...

The importance of bookkeeping is known to every company. It is the backbone of every financial data, and if this process is not performed correctly, the company may face huge problems in the future. Proper bookkeeping will allow the management...

Keeping a record of all the transactions of the business is very important for the management. For this, many businesses also take the assistance of a professional bookkeeper. A professional bookkeeper will keep all the records of the transaction of...