What is an ERP System ? What is an ERP System is one of the general question asking in the business world. ERP means “Enterprise Resource Planning”. It is a type of software used by an organization for managing and planning daily activities. These activities include stock Movement, production, Financial Activities, their services and […]
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Which is the Best ERP System ? Which is the Best ERP System is the question asking by most of the entrepreneurs without taking into consideration of their industry, working atmosphere, business requirements. They will also not consider even their budget of payment of an ERP System. Definitely, Best ERP systems for your Business
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Importance of Inco-terms in Dubai Importance of Inco-terms in Dubai, UAE is high, becuase UAE is treated as one of business hug in the world. Incoterms® explains a set of eleven of the most commonly used three letter trade terms, monitoring business practice in contracts for the sale and purchase of goods and mainly
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CASH FLOW STATEMENT Cash Flow Statement in Business, is a financial statement that explains the volume of cash or cash equivalents coming and going from a company. Same as Income Statement, Cash Flow Statement also measures the performance of a company during a period of time. It determines how a company manages its cash position, ie.,
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LETTER OF CREDIT A letter of credit (LC), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter/suppler of goods. In the recent period LCs are also used in National/Local trading also. It is also known as a documentary credit or bankers commercial credit, or
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