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QuickBooks – used by over 200,000 accounting professionals worldwide,
is a simple online software to organize your clients’ business finances in
one place and fulfill their accounting requirements.

Intuit QuickBooks for Chartered Accountants

Intuit QuickBooks

I always get question from my CA friends who wish to open an KPO and want to learn more about this business. I always suggested that freshers who have experience with international accounting software such as QuickBooks, Sage or MYOB simply because all overseas clients are using these accounting software.

QuickBooks, used by over 200,000 accounting professionals worldwide, is a simple online software for chartered accountants to organize clients’ business finances in one place and fulfill their accounting requirements. I came to know about Intuit QuickBooks and feel this software can be a good choice and may benefit our members.

Intuit QuickBooks lets you access your clients’ accounts from any connected device be it a desktop, laptop, tablet or smartphone. You no longer need to be in office to work together with the team and with clients.

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Job Openings For Chartered Accountants – Manager Finance At Chennai

job-opening

Indium Software has been a leading Software Testing/QA services company focusing on Independent, objective and highly specialized in Software Testing in various domains. They are in look out for Manager – Finance HR generalist to work from Chennai office.

About this opportunity:

Company                      – Indium Software (India) Limited. Expected CTC              – 10 Lakhs p.a Reporting to                 – CFO Location                       – Chennai

Job Specification: Should understand the local language (more…)

Concessional loans to tribals: SBI and NSTFDC took major steps to provide concessional loans to tribals

concessional loans to tribals by SBI

Aiming to enhance career opportunities for tribals, the National Scheduled Tribes Finance and Development Corporation (NSTFDC) today joined hands with State Bank of India to provide them concessional loans with flexible repayment options.

Besides providing individual financial assistance, the NSTFDC will also allocate funds for income generating activities by several Self Help Group (SHGs).

“Most of the tribals are deprived of even basic education. They are geographically isolated (more…)

Finance Minister says, I-T department, biggest litigant in Govt.

Calling it the biggest litigant in the entire Government, Finance Minister Pranab Mukherjee today asked the Income Tax Department to reexamine the way it handles tax disputes.

Speaking at the 150th anniversary of the Income Tax in India, the Finance Minister also exuded confidence that direct tax collections, hit by the global financial crisis in the last two fiscals, will regain its pre-cisis collection with the economy poised to grow by 8.5 per cent this fiscal, nine per cent the following year and double digits thereafter.

“One area of concern is litigation with taxpayers. The Department is filing appeals in a routine manner without careful thought and examination leading to the Department earning the dubious distinction of being the biggest litigant in the Government of India,” Mukherjee said.

ArcelorMittal pays Rs 600 crore to Karnatka Govt

Bellary is on fast track, coming up one of the largest steel plant in Karnatka by the world’s largest steel maker ArcelorMittal.

NRI billionaire L N Mittal-led ArcelorMittal has paid Rs 600 crore to the Karnataka government for land in Bellary, state Chief Minister B S Yeddyurappa said here today.

“ArcelorMittal’s plant is to come up in Bellary. It has given us Rs 600 crore for land,” Yeddyurappa told reporters here after the meeting of the National Development Council, the highest policy making body comprising Chief Ministers and the Planning Commission.

The world’s largest steel maker had last month entered into a pact with the Karnataka government to set up a Rs 30,000-crore plant and expressed hope that the progress on the project would be faster than that at its plants in Jharkhand and Orissa.КартиниИдея за подаръкПравославни иконииконописikoniбългарски икониподаръци

US coming out of recession faster, stronger: Geithner

The US, which witnessed one of the worst economic crisis in recent times, is coming out of recession faster and stronger than many countries of the world, a top Obama Administration official has said.

“The economy is definitely getting stronger. We’re coming out of this stronger and more quickly than many people expected, and stronger and faster than many countries around the world,” US Treasury Secretary Timothy Geithner told reporters yesterday.

Noting that the US is in a much stronger position today than it was earlier, Geithner said this has been because US President Barack Obama acted forcefully initially, doing things that were politically difficult, but he acted with overwhelming force to put out the financial fire.

“We’ve been growing now for three quarters,” he said. At the same time he said there is still a long way to go.

Infosys hired 9,313 employees in Q4

IT major Infosys Technologies today said it hired 9,313 employees in the fourth quarter while the net addition after taking attrition into account was 3,914.

“During the quarter, Infosys and its subsidiaries added 9,313 employees (gross). The net addition during the quarter was 3,914,” the company said in its financial statement.

As on March 31, 2010, Infosys and its subsidiaries have a total of 1,13,796 employees.

At the end of December 2009, the employee strength of the IT bellwether was 1,09,882.

“This has been a seminal year for Infosys,” T V Mohandas Pai, Infosys Board Member and Head -? HRD and Education & Research, said, adding “we closed the year making 19,000 offers on campuses for fiscal 2011.”

Infosys Tech’s subsidiaries include–Infosys BPO, Infosys Technologies (Australia) Pty Ltd, Infosys Consulting, Inc and Infosys Technologies (Sweden) AB, among others.

Infosys’ cash pile at Rs 15,857 cr on March-end

Software outsourcing major Infosys Technologies cash and cash equivalents stood at Rs 15,857 crore at the end of fourth quarter, up 44.24 per cent over the corresponding period a year-ago.

At the end of March 31, 2010, cash and cash equivalents, including investments in available-for-sale financial assets and certificates of deposits was Rs 15,857 crore compared to Rs 10,993 crore as on March 31, 2009, the IT bellwether said in a statement.

Commenting on the liquidity and capital expenditure plans of the company, Infosys Chief Financial Officer V Balakrishnan said: “The currency volatility continues to be a concern for the industry. We, however, have an active hedging program to minimize its impact on our margins.”

Current assets are used to fund day-to-day operations and pay ongoing expenses.

Indian named CEO of Mastercard

An Indian, Ajay Banga was today named as the Chief Executive Officer of Mastercard.

The credit card company named Banga to succeed the current CEO Robert W Selander, who will stay on as Executive Vice Chairman and Board Member until he retires on July 31, the company said.

Banga joined Mastercard Inc. in 2009 and before that was an executive with Citigroup for 13 years. He served Citigroup in various locations, including the US, Europe, the Middle East and Africa.