Practical compliance guides

Accounting and Bookkeeping · 9 min read

How to Clean Up Years of Backlog Accounting Records

Working backwards from bank statements to a reconciled trial balance. The rule, the threshold and what it means in practice. Browse the glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

What Is Catch-Up Bookkeeping and When Do You Need It?

Rebuilding unrecorded months into clean books without disturbing this year. The rule, the threshold and what it means in practice. Explained by a CA.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Common Reconciliation Errors and How to Fix Them

The differences that recur every month, and the fix that ends them. The rule, the threshold and what it means in practice. Written by qualified CAs.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Internal Audit vs Statutory Audit: What's the Difference?

One is required by law, the other is commissioned to test your controls. The rule, the threshold and what it means in practice. Written for preparers.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Balance Sheet Reconciliation: A Month-End Checklist

Every control account agreed to a supporting schedule before sign-off. The rule, the threshold and what it means in practice. Before your next close.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

What Is Account Reconciliation? Types and Process Explained

Bank, vendor, customer, inter-company and stock, and the order to do them in. Set out with the working, not just the rule. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

A Collections Strategy: How to Chase Overdue Invoices Politely

An escalation ladder that recovers cash without losing the customer. The rule, the threshold and what it means in practice. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 11 min read

The 5 C's of Credit and Receivables Management

Character, capacity, capital, collateral, conditions - applied to a credit call. Set out with the working, not just the rule. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

DSO (Days Sales Outstanding): How to Calculate and Reduce It

Calculating DSO properly, and the levers that genuinely move it. The rule, the threshold and what it means in practice. From our accounting glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

The AR Ageing Report: How to Read and Act on It

Reading an ageing bucket, and the cutoff at which debt turns doubtful. The rule, the threshold and what it means in practice. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

What Is Accounts Receivable? The Order-to-Cash Cycle Explained

Order to cash end to end, and where collections actually break down. The rule, the threshold and what it means in practice. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

Section 43B(h): Paying MSME Vendors Within 45 Days

Tracking the 45-day clock inside the payment run, not at year end. The rule, the threshold and what it means in practice. Updated for Indian rules.

CACA Puja Pradhan · Jul 20