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Month: August 2021

An Introduction to Job Order Costing System | How it works?

Did you know? Accounting was first used in Mesopotamian civilization thousands of years back and this is the farthest humans have been able to trace. However, the introduction of the double-entry bookkeeping system a wholly new concept in accounting was later put forward by Luca Pacioli in 1494 who is said to be the father […]
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what is a business management software

What is a Business Management Software Program?

Businesses have a lot of work to process and their departments too accommodate several employees who work tirelessly to fulfill the aims and objectives of their organizations. In earlier days, work was mostly manual, and the simplest tasks such as recording data had to take a lot of time and effort. But, as the world […]
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human resource and payroll planning

Human Resources and Payroll Planning | A Definitive Guide for 2021

An Introduction to Human Resource & Payroll Planning Having recognized the true significance of Human resources, the era of industrialization came with tremendous changes to workplaces. Ever since then, Human Resource has emerged as a separate department in organizations with due consideration for factors such as employee engagement, appraisals, recruitment, payroll, training, etc. While training […]
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inventory management system

What is an Inventory Management System?

Inventory management as it goes is a complicated process that undergoes in product-oriented organizations, especially FMCG businesses and retail stores. Besides, Inventory Management is a complete process that begins with procuring the raw materials products to warehousing of these items, finally, this process concludes when the products either reach the customers or the retailers. But […]
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