Sun Acquisitions

FEBRUARY 23, 2024

Financial transactions, whether buying a business , selling a property, or investing in a venture, can be complex and riddled with potential pitfalls. In these intricate financial landscapes, professional guidance becomes invaluable. Valuation: Accountants help sellers determine the fair market value of their assets.

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Broker Accountant Negotiation Financial Transaction 59

Razorpay

MARCH 27, 2024

What is a Checking Account? A checking account is a type of bank account that allows you to deposit and withdraw money, write checks or use a debit card to make purchases or pay bills. Generally, account holders use these accounts on a short-term basis for paying daily expenses like food bills.

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Accountant IT Financial Institution Bank 52

Razorpay

MARCH 18, 2024

What is Corporate Account? A corporate account is a bank account one can open in the name of a business. It is used to facilitate transactions, receive income, and store funds. Every small business that is required to pay tax should have a corporate bank account for business banking and its numerous benefits.

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Accountant Corporation Bank Banking 52

Razorpay

MAY 6, 2024

Payment processing is the backbone of financial transactions in today’s digital world. From credit card payments to digital wallets, comprehending the intricacies of payment processing is vital in safeguarding financial interests and facilitating the smooth flow of commerce. Popular examples include Paytm and Google Pay.

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Peak Frameworks

MAY 23, 2023

Bookkeepers are the backbone of an organization's financial health, diligently tracking every financial transaction to ensure accuracy and transparency. They play a pivotal role in not just recording but also making sense of the company's financial data. Recording financial transactions.

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Financial Transaction Accountant Business Financial Statement 52

OfficeHours

JUNE 12, 2023

Through a private equity internship, you will be exposed to high-stakes, complex financial transactions and gain valuable experience in investment analysis, deal structuring, and portfolio management. This includes questions related to LBO modeling, multiples valuation, and basic accounting / financial statement analysis.

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Private Equity Equities Investment Valuation 147

Razorpay

SEPTEMBER 22, 2023

The Unified Payments Interface (UPI) is a game-changer technology for digital payments, allowing users to make instant payments, check account balances, and manage multiple bank accounts in a single app. Users are required to enter their unique Mobile Personal Identification Number (MPIN) to validate the transaction.

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IT Accountant Bank Banking 98

Wall Street Mojo

JANUARY 17, 2024

Statement of Cash Flows Definition A Statement of Cash Flow is an accounting document that tracks the incoming and outgoing cash and cash equivalents from a business. It helps identify the availability of liquid funds with the organization in a particular accounting period.

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Accountant Finance Finance Profitability 98

Razorpay

OCTOBER 27, 2023

Payment security refers to the processes and practices used to safeguard financial transactions, funds and personal information of clients from threats like online and offline payment fraud, unauthorized access, and data breaches. Razorpay encrypts all information you share using checkout via TLS.

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Wall Street Mojo

JANUARY 15, 2024

The Audit Evidence is the information that the company’s auditor collects from the company. read more , and other requirements to express his opinion on the objective and unbiased view of the company’s financial statements during the period under consideration. What is Audit Evidence?

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Financial Statement Financial Modeling Financial Models Accountant 52

Razorpay

MARCH 28, 2025

Scammers manipulate invoices to trick companies into making payments to fraudulent accounts. These scams can lead to financial losses, disrupt operations, and damage relationships with vendors. Understanding how invoice fraud works and implementing preventive measures is crucial for safeguarding your business against financial fraud.

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Accountant Business Banking Bank 40

Razorpay

FEBRUARY 13, 2024

Whether you’re interested in understanding payout processing or seeking insights into the differences between IMPS and UPI, our blog will provide you with the information you need for informed digital payment choices. IMPS known for its speed and simplicity, facilitates seamless money transfers between bank accounts.

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Funds Accountant Bank Banking 52

Razorpay

MAY 27, 2024

It is a centralized system that allows customers or businesses to carry out transactions from any branch rather than only from the branch where the account was opened. With a robust CBS, banks can manage various account activities like deposits or withdrawals, loans, payments, information like account balance and more.

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Razorpay

NOVEMBER 30, 2023

Besides, electronic payment systems have revolutionized the way we handle our finances, making transactions quicker, more efficient, and accessible to anyone with a bank account. NEFT is typically used for smaller transactions, while RTGS is reserved for larger, time-sensitive transfers.

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Electronics IT Accountant Banking 52

Razorpay

DECEMBER 20, 2023

Debit Card Payments Debit cards allow you to make transactions by deducting funds from your bank account. Limited funds: You can only spend what’s in your bank account. Record-keeping: Transactions are recorded, aiding in budgeting. No fees: No transaction or interest charges.

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Accountant Business Banking Bank 52

Razorpay

SEPTEMBER 22, 2024

The finance team then records this in accounts payable and pays the vendor. STEP 2: Manual data entry Information is manually entered into the accounting system. These invoices include details like Due date Total amount Product codes Quantities Contact information for both parties.

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Accountant Management Electronics Business 52

Peak Frameworks

SEPTEMBER 12, 2023

A classic case of both accounting fraud and corporate malfeasance, it led to the bankruptcy of the Enron Corporation and the dissolution of Arthur Andersen, one of the five largest audit and accounting partnerships in the world. Think of a finance manager redirecting company funds to their personal account.

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Accountant Finance Finance Investors 52

Razorpay

DECEMBER 5, 2023

This feature allows businesses to see all their transactions and settlement data on the Razorpay dashboard. It acts as a single source of truth for all financial transactions across payment gateways, providing complete visibility and speeding up decision-making. All our problems were seamlessly managed in Optimizer.

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Business Accountant Finance Finance 52

Razorpay

OCTOBER 8, 2024

Invoice management is a critical accounting function that involves receiving, processing, and tracking vendor invoices. It serves as a link between a company’s purchasing activities and its financial records, helping it maintain accurate accounting ledgers and timely payments to suppliers. What is Invoice Management?

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Razorpay

APRIL 10, 2024

For instance, if a transaction’s nature doesn’t match its assigned purpose code, it can lead to inaccurate reports submitted to regulators. Financial Errors Misusing purpose codes in financial transactions can cause accounting, billing, or reporting mistakes. Review the information and click Confirm.

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S&P Accountant Capital Trading 52

Razorpay

DECEMBER 20, 2023

Payment reconciliation is an accounting process that serves as the bridge between a company’s internal financial records and its bank statements. This reconciliation is essential because it validates account balances and ensures that the company’s financial records accurately reflect its financial transactions.

IT 52

IT Business Financial Transaction Accountant 52

Razorpay

NOVEMBER 19, 2024

NACH mandate cancellation is an important process that every account holder should understand. The system serves multiple purposes payments of subsidies, pensions, salaries, dividends, and regular consumer transactions such as bills, EMIs, and loan payments. The mandate is a formal authorisation given to banks and institutions.

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Accountant Bank Banking Electronics 40

Razorpay

SEPTEMBER 17, 2023

It is a platform that connects your bank account to the platform where you need to transfer money. A payment gateway authorises you to conduct an online transaction through different payment modes like net banking, credit card, debit card, UPI, or the many online wallets that are available these days. What is a Payment Gateway?

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Bank Banking Financial Institution Accountant 52

Razorpay

OCTOBER 3, 2024

This includes initiating and processing payments, fraud detection, compliance, handling disputes, resolving issues, managing international transactions, reconciliation, and accounting. It involves integrating various elements to ensure efficient and secure financial transactions. Preventing fraudulent transactions.

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Banking Bank Business Accountant 52

Sun Acquisitions

FEBRUARY 20, 2024

However, like any financial transaction, it comes with its own set of risks and complexities. Buyers must conduct thorough due diligence to mitigate these risks and make informed decisions. Examine Tax Returns: Review several years of tax returns to verify the accuracy of financial information provided by the seller.

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Finance Finance Financial Statement Business 52

Razorpay

OCTOBER 10, 2024

A credit note is a document issued by a seller to a buyer to notify them of a credit applied to their account, often due to returns, overcharges, or discounts. 3) Next Steps for Both Buyer and Seller Seller: They update their accounting records to reflect a decrease in accounts receivable by ₹5,000. What Is a Credit Note?

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IT Accountant Management Business 40

Razorpay

AUGUST 6, 2024

Knowing the difference between an invoice and a bill helps business owners and financial professionals streamline their accounting processes and avoid confusion. Maintaining Records Invoices provide a detailed account of sales transactions, helping you track your income and manage financial records accurately.

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Accountant Utilities Business Sale 40

Razorpay

NOVEMBER 5, 2023

You must be familiar with the term ‘IFSC Code’ if you have transferred funds to another bank account. IFSC helps uniquely identify the bank and the branch where the beneficiary account is located. It ensures that the funds are transferred to the correct bank account and avoids any errors or delays in the process.

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Electronics Bank Banking Accountant 52

MergersCorp M&A International

JANUARY 16, 2024

When it comes to mergers and acquisitions (M&A), meticulous corporate administration can make all the difference in ensuring the success and smooth execution of these complex financial transactions.

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Corporation Mergers and Acquisitions M&A Mergers 52

Peak Frameworks

MAY 2, 2024

The Essential Role of Bank Tellers Bank tellers are the face of the banking industry, directly interacting with customers to facilitate a wide range of financial transactions. From processing deposits and withdrawals to resolving customer inquiries, tellers play a pivotal role in ensuring a seamless banking experience.

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Bank Banking Finance Finance 52

Razorpay

OCTOBER 31, 2023

Export vs Import Payments Export payments are the financial transactions that occur when a country or entity sells goods, services, or assets to foreign customers or buyers. Import payments refer to the financial transactions that occur when a country or entity purchases goods, services, or assets from foreign sources.

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Banking Bank Financial Institution Business 59

Razorpay

AUGUST 11, 2024

When a transaction is initiated, the network verifies the details. It facilitates the transfer of funds from one account to another, often in real time or within a few business days. When a user initiates a payment, the P2P network processes the transaction to debit the sender’s account and credit the recipient’s.

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IT Funds Bank Banking 40

Razorpay

JULY 27, 2023

Investment banking is a branch of banking that organizes and enables large, complex financial transactions for businesses, like mergers, IPOs or underwriting. ABC conducts intensive research and study into the market and informs Meena that the value of her business is Rs 2 per share. What is Investment Banking?

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Investment Banking Bank Banking Investment 52

Razorpay

OCTOBER 6, 2024

When dealing with financial transactions, especially in business, it’s essential to understand the distinction between various types of invoices. It is a formal payment request and includes the seller’s and buyer’s information, goods or services description, quantity, unit price, tax rate, and the total amount due.

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Sale Business Accountant IT 40

IBG

FEBRUARY 6, 2024

An informed seller understands, and can be prepared for, the likelihood that the net value of their business at sale will be impacted by normal costs of a transaction and a wide variety of contractual adjustments. In a business sale, forewarned is forearmed. Potential value adjustments can start with the buyer’s letter of intent (LOI).

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M&A Leadership Council

JULY 22, 2023

accounting, payroll, specific applications, infrastructure, etc.) Performance Criteria This is a critical area that impacts the operational performance of the buyer and informs the penalty / liability for non-performance on part of the seller. Financial transactions, employee data, etc.).

Management 52

Management M&A Business Accountant 52

M&A Leadership Council

AUGUST 3, 2023

accounting, payroll, specific applications, infrastructure, etc.) Performance Criteria This is a critical area that impacts the operational performance of the buyer and informs the penalty / liability for non-performance on part of the seller. Financial transactions, employee data, etc.).

Management 52

Management M&A Business Accountant 52