Mayank's latest activity

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    Mayank replied to the thread What is prepayment?.
    Prepayment refers to paying a debt or expense before its due date. It can include loan installments, rent, or insurance premiums paid in...
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    Mayank replied to the thread What is financial aid?.
    Financial aid is monetary support provided to students to help cover education costs, including tuition, books, and living expenses. It...
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    Mayank replied to the thread How to become a financial advisor?.
    To become a financial advisor, earn a relevant degree, gain experience in finance or accounting, obtain certifications like CFP, develop...
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    Mayank replied to the thread 5 essential reasons why your bussines need insurance?.
    Risk Protection: Safeguards against unexpected losses like fire, theft, or natural disasters. Liability Coverage: Protects from legal...
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    Mayank replied to the thread Is AI replacing accountants?.
    AI is transforming accounting by automating repetitive tasks like data entry, reconciliations, and reporting. However, it cannot replace...
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    Mayank replied to the thread What is semi monthly payroll?.
    A semi-monthly payroll means employees are paid twice a month, typically on fixed dates like the 15th and last day. This results in 24...
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    Mayank replied to the thread What is Accounts Payable?.
    Accounts Payable refers to the money a company owes to its suppliers or vendors for goods and services purchased on credit. It’s...
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    Mayank replied to the thread What is single touch payroll?.
    Single Touch Payroll (STP) is an Australian reporting system where employers electronically send employees’ salary, tax, and...
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    Mayank replied to the thread what is audit report?.
    An audit report is a formal document prepared by an auditor after examining a company's financial statements. It provides an independent...
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    Mayank replied to the thread What is single touch payroll?.
    Single Touch Payroll (STP) is an Australian reporting system where employers send employees’ tax, superannuation, and payroll...
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    Mayank replied to the thread What software do accountants use?.
    Accountants use software like QuickBooks, Xero, Sage, FreshBooks, and Zoho Books for bookkeeping and accounting. They also use Excel for...
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    Mayank replied to the thread What is the best ai accounting software.
    Top AI accounting software in 2025 includes: Truewind: Combines AI automation with outsourced bookkeeping, ideal for startups and SMBs...
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    Mayank replied to the thread Who reports to the CFO?.
    The CFO (Chief Financial Officer) oversees the finance function, so typically the finance director, accounting manager, controller...
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    Mayank replied to the thread What is qualification in business?.
    Qualification in business refers to the skills, education, experience, and credentials that enable a person or organization to perform...
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    Mayank replied to the thread How do i complete a self assessment tax return?.
    To complete a Self Assessment tax return, register with HMRC, gather income and expense records, fill out the online or paper form...
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