Accounting Basics

Accounting Software Helps Tracking Finances For Small Businesses

The field of accounting has evolved in the last two decades. It has moved from manual record keeping activity to an era of online accounting software for small businesses. These systems improve your efficiency by allowing you remote access to business data for making data-driven decisions.   Foreign transactions simplified: Are you dealing with foreign […]

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Cloud-Based Accounting Software Reduces IT Costs

Following are the ways in which cloud-based accounting software(hisaab.pk) can help keep your IT costs down. Low Initial Investment: Building on-site systems require a significant budget, whereas with cloud-based accounting software (accounting solution), users access their tools from the web(internet connection is required) , so there are no programs to install on local computers and […]

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Options Available For Bookkeeping

Generally, small business owners aren’t aware of the variety of options available to them when it comes to book-keeping and accounting. Here is a list of bookkeeping options: 1) Do It Yourself! DIY (Do It Yourself!) is done out of necessity. Although we’re not bookkeepers, we need an approach based on the understanding of basic […]

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Budget 2018 Pakistan

BUDGET AT A GLANCE INCOME TAX 1. Reduced tax rates for individuals (salaried and non-salaried) 2. Corporate tax rate to be cut by 1% per annum to 25% in next five years 3. Tax on issuance of bonus shares to be removed 4. Non-filers cannot purchase property of over4 million 5. Increase in withholding tax […]

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Best Accounting Software For Book-Keeping

What Is Book-Keeping? It refers to the process of organizing and storing the financial and accounting records of an organization including ledgers, journals, financial statements and so on. Why Is Book-Keeping Important? Book-Keeping is considered to be very important in running a business properly. Many businesses, which otherwise could have been successful, faced failure due […]

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Accounting Software Support Video Channel

Hisaab.pk launches support video portal for its users to get quick access and help for the day to day operations within the accounting software, this is a helpful utility for the users to get 24/7 access to the useful video content. This Youtube video channel will further extends the usability of the support knowledge base […]

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Disadvantages of Tally Accounting Software

Softwares provide us the easiest way to perform work related tasks in an easy way. Earlier, the businesses have to spend different time consuming resources to manage the accounts but now accounting softwares made the job easier to keep large amount of accounts data. Tally accounting software is beneficial for the professional accountants but it […]

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Useful Accounting and Taxation Links

FBR Pakistan’s Active Tax Payer’s (ATL) List https://e.fbr.gov.pk/ATLSearchUtility.aspx FBR’s  portal for e-filing https://e.fbr.gov.pk/AuthLogin.aspx Federal Board of Revenue  Official website  (FBR) http://fbr.gov.pk/ Government of Pakistan GoP http://www.pakistan.gov.pk/ Large Taxpayer Unit (LTU), Karachi City http://ltukarachi.gov.pk/ Large Taxpayer Unit (LTU), Lahore City http://ltulahore.gov.pk/ Regional Tax Office (RTO), Karachi http://www.rtokarachi.gov.pk/ Online English Dictionary http://dictionary.reference.com/ Online NTN Verification Portal http://regsys.fbr.gov.pk/Registration/onlinesearchTaxpayer.aspx […]

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