Tally, as an organisation, has gone through a roller coaster ride- right from being a start-up to a market leader, to seeing a meltdown in product pricing. It has several future goals and the main one is to become a 5,000 crore company in the near future. Bharat Goenka, the […]
Accounting
The Central Theme of Rich Dad Poor Dad by Robert Kiyosaki – Look For Assets Not Liabilities
Rich Dad Poor Dad has been reviewed by many writers. The book, written in 1997 by Robert Kiyosaki, immediately became a success. The concepts expressed therein are the foundation of Robert Kiyosaki’s Rich Dad book series. Rich Dad Poor Dad expresses a number of concepts that seem contrary to the […]
Creating a Chart of Accounts for a Small Restaurant
Independent restaurant owners often do their own bookkeeping. Even if they hire a professional accountant at year’s end, they may save considerable money by handling the weekly tasks themselves. Setting up a chart of accounts to fit the restaurant needs generally requires customizing the default choices of any accounting program. […]
Review of Robert Kiyosaki’s Book Unfair Advantage
As a member of Rich Dad World, I downloaded the online version of this book for a limited time offer only. This book offers many important financial lessons that will make you realize the importance of being in the B and I quadrants, which I like to summarise below. The […]
Role of MIS in Business Management
Despite the vast improvements in information technology, computers (on which modern IT is based) cannot as yet take over business management. However, business information systems have transformed the effectiveness, power and efficiency of management. In an earlier article on business management software, we looked at surface aspects of how modern […]
6 Financial Rules of Thumb
I wonder how many of you are big-time readers. You know the kind, the ones who can read a book a week or sift through endless reams of data and advice to help them develop a financial plan that will lead them down the path to prosperity. However, if you’re […]
Bespoke Coach House Buildings And Contents Insurance Is Still So Difficult To Find!
If you own a coach house you will need a policy that will insure the whole property including all the garages, your own garage (freehold) and those on Leasehold to neighbours. These are usually on lease on a 999 year Peppercorn Leasehold. You must include the Legal Liability cover you […]
How to File a Correction for Income Tax Return or File Revised Return
Taxpayers must file their tax return with care to avoid any error while filing income tax returns. However, sometimes in haste, they end up making mistakes like unclaimed deductions, income reported incorrectly or any incorrect contact details or the bank account is given for the refund of taxes. However, if […]