online khata

  Most people, whether a small business owner or a homemaker, maintain a diary khata . As an individual or as a businessman, everyone lends or borrows money. Most of them maintain their daily transactions manually. They either enter the details of money going in or out on diaries or registers. A safe and easy-to-maintain khata book diary would be so helpful. You do not have to remember the transactions or look for registers when you want to check how much amount is pending with whom What is the Udhaar Khata app? It is a mobile app that can either be installed on your smartphone or laptop. It is a digital way to manage your diary khata online. A system that will help you keep track of all of your money transactions. A digital khata that helps you store information about your withdrawals and deposits in one place. Who can use the Udhaar Khata app? When you lend money in your business, you make a manual entry in your khata book udhar . Any business whether big or small has these tran

  A simple ledger is a record of every single transaction a business makes. Each ledger has accounts and entries that represent these transactions. There are two sections in a simple ledger - a debit side and a credit side. For each transaction, you enter a debit and a credit entry in the ledger. In the end, the balance on both sides should be the same. When I was a kid learning accounts in school my teacher taught us three golden rules for the credit debit entry book. Debit what comes in and credit what goes out. The one who is receiving the money is debited in the credit debit entry book . The one who is giving money is credited.  The expenses or losses are shown as a debit entry and incomes or gains are shown as a credit entry. Difference between credit and debit entries The debit and credit entries are made in the 3 main accounts in any business. Personal - Drawing money for research or paying the staff. The expenses that you incur while running your business. Real - Your assets

  The traditionally known Khata book is a tracker of all the financial transactions for a business. Especially in the case of MSMEs in India, the micro and small business owners like your local grocery vendor or any small shopkeeper, maintain a sale khata and an udhar khata . These small shopkeepers or your local Kirana store owners maintain these financial transactions manually. Khata Book app is a new way of maintaining a khata book through a mobile app. The online khata book helps the local small and medium  Kirana store owners to manage their sale khata and udhar khata digitally, helping them track the money. The old-school khata book diary is now maintained as a digital ledger.  Apart from being able to store their information online, there are other benefits that the app offers. Here are a few: Benefits of Digital Khata Access anywhere and anytime - The digital khata can be accessed anywhere and anytime using the khata book app using a mobile or laptop. No fear of losing

  Running a business involves a lot of financial transactions. A lot of merchants rely on the traditional khata book diary system to maintain their financial transactions. For example, they use khata book udhar to record money lent to others. However, a lot of people are now moving to digital khata. The reason is the growing spread of internet usage and financial awareness. Digital khata means all your accounting transactions move from paper to a digital platform. The biggest difference between a khata book diary and a digital khata is the safety of physical documents. One may lose the document or the document may get damaged. But in a digital khata, your documents are safe. The backup for your records is also maintained on cloud storage. Also, one can access the accounts from anywhere using phone apps or laptops. Rather than maintaining books for various transactions, digital khata is simple and easy to maintain. Digital khata offers setting reminders and getting timely notific