An external audit is an objective examination by an auditor to examine the company’s books of accounts. Let’s check what is external audit & its advantages.
Who is supposed to pay tax in Kenya? Based on the tax obligation, taxpayers such as residents, non-resident, company or firms need to pay taxes as applicable to them. Read more on TallyPrime Kenya What is TallyPrime,TallyPrime’s ‘Go To’ Feature,TallyPrime’s Simplified Security and Us...
Keep in mind:“DTI ratio” often refers specifically to the back-end ratio. Although both ratios play a part in mortgage approval, for conventional loans, lenders typically focus on the overall tally of your debts vis-à-vis your income. ...
6. Support for Budgeting and Planning:It is important to set financial goals using the collected data. Businesses can use the data to create accurate budgets and make proper decisions about income and expenditure with a detailed cash tally report. This improves financial planning and helps in crea...
What is quantitative data? What's the difference between that and qualitative data? How is quantitative data analyzed? Find all the answers here.
To calculate cash flow from investing activities, simply tally the gains and losses from your business investments. This includes cash spent on or received from the purchase and sale of long-term assets like property, vehicles, securities, and equipment. ...
For example, analytics can tally metrics across your supply chain, highlighting areas where shipping problems, inventory loss, or unnecessarily higher prices are common. With this data in mind, supply chain management teams could theoretically adjust their approach to vendors, quality control, or ...
Tally Solutions|Updated on: November 13, 2024 What is an electronic tax invoice? What is the new Tax Invoice Management System? What is the due date for implementing e-invoicing in Kenya? Business to whom electronic tax invoice will be applicable?
000 car, and a $65,000 IRA, the tally of their property comes to $172,000. But if that same individual is saddled with a $20,000 student loan and a $3,000 credit card bill, the total liabilities add up to $23,000. Thus, the total net worth would be $149,000 ($172,000 - ...
The alternative to claiming the standard deduction is to tally up every itemized, tax-deductible expense you paid during the tax year and enter them all on Schedule A of your tax return. You can then claim the total of these deductions instead. But this is only advantageous if the total am...