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Corporate Accounting: Meaning, Importance & Explanation

Razorpay

Corporate accounting is a special kind of accounting meant for businesses to record and monitor money movement. It deals with analyzing, classifying, collecting, and presenting a company’s financial data. What is Corporate Accounting? Let’s take a deeper look into the importance of corporate accounting.

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What are Corporate Accounts? Meaning, Benefits & Types

Razorpay

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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Cost Accounting: Meaning, Types & Examples

Razorpay

What is Cost Accounting Cost accounting is a form of managerial accounting that analyses how much money is being used in production. The objective of cost accounting is to provide management with information that can be used for decision-making, cost control, and performance evaluation.

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How to add beneficiary without any cooling off period?

Razorpay

With a RazorpayX Business Banking+ Account, you can add beneficiaries and make payouts with no cooling period. Get Your Own Business Banking+ Account! A beneficiary is a person or organization that benefits from a will , trust , retirement plan , insurance policy , ann uity , financial transaction or another arrangement.

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Unlocking 100% UPI Dominance: Rupeezy’s Journey with Razorpay UPI Stack

Razorpay

Offering a broad range of services, from mutual funds to intra-day trading and derivatives, Rupeezy needed a payment partner who could handle the complexities of financial transactions. SEBI requires every transaction initiated by a customer must be made from their registered bank account.

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Statement of Cash Flow

Wall Street Mojo

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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What is the Difference Between Invoice and Bill?

Razorpay

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.