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Finance & Accounting

What is Record to Report (R2R) Process?

R2R

How familiar are you with Record to Report (R2R))? It's’ a financing and Accounting (F&A) management process that involves collecting/processing/deli...

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Finance & Accounting Financial Reporting

6 Best Practices for Record-to-Report Process

Process

The Finance and Accounting (F&A) process include various components. One of the most important ones is Record to Report (R2R) forms. This provides crit...

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Micro Finance Company

Lending Process by Microfinance Company

Microfinance

Microfinance institutions are the oldest financial institutions in the world but as per the time they are adopting the changes and have started adopting va...

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AYUSH Manufacturing License FSSAI Registration

Is FSSAI Registration Required for Herbal Products?...

FSSAI license for herbal products

To manufacture the Ayurvedic/Herbal products in India, we need a license from AYUSH and not from FSSAI. AYUSH is an abbreviation for Ayurveda, Yoga, Unani,...

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Finance & Accounting

What is Order to Cash Cycle?

OTC

Order to Cash (OTC/O2C) is a set of various business processes used for receiving/processing client sales orders for products/services. It also includes th...

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Nidhi Company

Is Director Salary Allowed in Nidhi Company?

Director Salary

Section 406 of the Companies Act 2013 deals with the Act in relation to an application to Nidhi. Nidhi means a company which has been incorporated into an...

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NBFC

Procedure Required for Getting Registration as NBFC-IDF...

NBFC-IDF

NBFC-IDF: Infrastructure sector plays an important role in the growth of Indian economy therefore in recent years investment in infrastructure sector has m...

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Finance & Accounting

Best Practices for Accounts Receivable Management

customers

Accounts Receivable (AR) is the money that customers owe to another party in exchange or products/services that were delivered but haven’t been paid for...

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