Tax planning and managerial decisions in income tax

Tax planning and managerial decisions in income tax play a crucial role in optimizing a company’s financial position and ensuring compliance with tax laws. By making informed decisions, businesses can minimize their tax liability while maximizing after-tax profits. Here are key considerations for tax planning and managerial decisions in income tax: Entity Structure: The choice… Continue reading Tax planning and managerial decisions in income tax

Strategic implementation and control

Strategic implementation and control are essential phases of the strategic management process, which involves the formulation, execution, and monitoring of an organization’s strategies. These phases ensure that the strategies developed by the organization are effectively put into action and that progress is tracked to achieve the desired objectives. Here’s an explanation of strategic implementation and… Continue reading Strategic implementation and control

Shareholder value and wealth creation

Shareholder value and wealth creation are fundamental concepts in corporate finance and investment. They revolve around the idea of increasing the value of a company and, in turn, generating wealth for its shareholders. Here’s an explanation of these concepts: Shareholder Value: Shareholder value, also known as shareholder wealth or shareholder value maximization, is the primary… Continue reading Shareholder value and wealth creation

Standard reports in NetSuite related to the Order to Cash Process

Within the NetSuite platform, users are granted access to a diverse range of standard reports tailored to the Order to Cash Process. These reports empower users to closely monitor and analyze crucial aspects of their sales operations, including order processing, invoicing, payment receipts, and customer accounts. By leveraging these standard reports, businesses can enhance their… Continue reading Standard reports in NetSuite related to the Order to Cash Process

Basic NetSuite Configurations Template

Before initiating the NetSuite implementation process for a client, the initial step involves performing basic configurations of the NetSuite. To commence this process, we require the client to complete a template with the necessary information. Once we have received them, we can proceed to set up the basic configurations for their NetSuite account. An example… Continue reading Basic NetSuite Configurations Template

Standard reports in the area of Purchasing and Accounts Payable

In NetSuite, users have access to a comprehensive set of standard reports specifically designed for Purchasing and Accounts Payable functions. These reports provide valuable insights into procurement processes, vendor transactions, and accounts payable activities, helping users track expenses, analyze vendor performance, and make informed financial decisions. The availability of these standard reports enhances transparency and… Continue reading Standard reports in the area of Purchasing and Accounts Payable

Business Requirement Document (East Electronics)

REQUIREMENT DOCUMENT FOR MynTahl Corporation DBA East Electronics    The document provides an overview of the successful implementation of subsidiary in NetSuite for MynTahl Corporation DBA East Electronics.  Additionally, it details the involvement and responsibilities of Jobin and Jismi IT Services LLP, who serve as official implementation partners for Oracle NetSuite.  Submitted To   MynTahl Corporation… Continue reading Business Requirement Document (East Electronics)

OKRs-objectives and key results

OKRs-objectives and key results is a goal-setting technique. OKRs are typically written with an Objective at the top and 3-5 supporting Key Results below it. They can also be written as a statement: I will (Objective) as measured by (Key Results). Objectives should be: Actionable Time-bound Ambitious Use OKRs when… You want to set more… Continue reading OKRs-objectives and key results

Prerequisite document – Hailstone

CRM Requirements  This document covers summary of Prerequisites that is required from Hailstone team in relation with the CRM requirements put forth by Hailstone Innovations Pvt. Ltd.  Queries based on the Sales Flow  In the lead creation stage, could you kindly verify whether the leads are assigned to the sales representative after they are MQL… Continue reading Prerequisite document – Hailstone