Exploring Different Types of Bill Discounting Vinu: Hey Manu, I’ve heard about bill discounting as a way to manage cash flow, but I’m not sure about the different types. Can you explain the types of bill discounting to me? Manu: Sure, Vinu! Bill discounting is a financial arrangement where a busines...
Understanding Bill Discounting: A Conversational Guide to Accounting and Risks Vinu: Manu, this bill discounting sounds interesting, but the accounting side confuses me. Can you explain it with rupees? Manu: Sure, Vinu. Imagine our company has a ₹10,000 bill of exchange due in 60 days from a client....
Mastering Financial Tracking in Interior Design: Understanding the Percentage of Completion Method Vinu: Hey Manu, I'm working on a big interior design project and trying to figure out how to account for it financially. I heard about this percentage of completion method, but I'm not sure how it appl...
Exploring Hypothecation A Conversational Journey Introduction: Welcome to our conversation on hypothecation! Join Manu, the knowledgeable expert, and Vinu, the curious professional, as we dive into the intricacies of this financial concept. Hypothecation, using assets as collateral for loans, has be...
Demystifying Ind AS: A Must-Know for Bankers A Conversational Journey with Manu & Vinu Introduction: In today's fast-paced financial landscape, it's crucial for bankers to grasp the essence of accounting standards. One such framework, the Indian Accounting Standards (Ind AS), has been making waves. ...