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B2B Cross-Border Payments: The Complete 2025 Guide for Indian Businesses

Razorpay

Key Aspects of B2B Cross-Border Payments: 2025 Snapshot B2B cross-border payments are financial transactions between businesses located in different countries. Navigating Inherent Complexity Compared to domestic payments, cross-border transactions involve significant complexities.

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Corporate Accounting: Meaning, Importance & Explanation

Razorpay

Knowing how corporate accounting works and its role in facilitating the growth of a business is important because it plays a fundamental role in the smooth functioning of business financials. Corporate accounting refers to the process of recording a company’s financial transactions. What is Corporate Accounting?

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Single Entry System of Accounting

Razorpay

Accounting is the process of recording all financial transactions of a business over its lifetime. So you will record the sale of 4 Loaves in your books. Deep dive into Single Entry Bookkeeping In single entry bookkeeping, you keep a cash book to log income and expenses. There are two major kinds of accounting.

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Unified Payments Interface (UPI): Meaning and How it Works?

Razorpay

The Unified Payments Interface (UPI) is a game-changer technology for digital payments, allowing users to make instant payments, check account balances, and manage multiple bank accounts in a single app. Users can also transfer money by selecting receiver’s contact from their phone book or entering the receiver’s contact number.

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Double Entry System of Accounting – Meaning & Benefits

Razorpay

The double-entry system is a method of bookkeeping that records financial transactions in two accounts. Simply put, the double entry system means that every financial transaction is recorded in at least two different accounts: one account is debited (money going out) and another account is credited (money coming in).

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Reconciliation Statement

Wall Street Mojo

A reconciliation statement refers to the banking summary prepared by the banks to list down the bank’s account balances and compare the same with their internal records. read more to have parity in the books of accounts of both legal entities. What Is Reconciliation Statement?

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What is Accounting?

Razorpay

Accounting is the process of recording a business’s financial transactions. The objective of accounting is to prepare financial statements like the Balance Sheet, Cash Flow Statement and Income Statement which give detailed insights into the financial performance of a business. What is Accounting? Join RazorpayX.