Insights & guides
Insights, tutorials, and product updates from SWIL — covering business management, GST compliance, retail, pharmacy, and ERP best practices.
Compliance
Manual product entry into the inventory is the traditional method of data entry. Thus, it is still prevalent in the retail/wholesale market, and businesses often use it in their business. There can be many reasons for this- like- Businesses are comfortable with the manual entry of products. They th…
SWIL Team
1 min read
Pharmacy
What does every customer want from a shopkeeper??? Definitely he/she wants good and quick service, fast delivery, smooth billing, and good behavior of shop staff. But one more thing every customer is looking while purchasing items is Discounts. In reality, offering discounts on purchases is a quick…
SWIL Team
1 min read
Compliance
The HSN code means "Harmonic System of Nomenclature". This system has been introduced for the systematic classification of goods worldwide with logical understanding. Transactions of products and goods have been taking place across the country and the world. Thus, there are many differences such as…
SWIL Team
1 min read
Pharmacy
In the retail pharmacy business, it is must to have sufficient amount of stocks. Because it determines how well your pharmacy software maintains stocks and gives you accurate information about stock usage. This is a process that ensures that you have a long list of customers that rely on you and de…
SWIL Team
1 min read
Pharmacy
Medication is an essential building block of a health system. Without having medical knowledge or a system, no pharmacist can serve a patient on time with the right medication. Article Content- Let's understand it with scenario SwilERP: Solution to Handle Generic Drug Inventory Wrapping Up Let's un…
SWIL Team
1 min read
Compliance
The full form of SAC Code is Services Accounting Code. SAC code in GST is a classification system that was developed by the Service Tax Department in India. It was developed for the classification of services. The GST Council had adopted the SAC code system to levy GST in India. In this article, we…
SWIL Team
1 min read
Accounting
Central banks are important players in the banking system and play an important role in the economy. They are responsible for maintaining a stable financial system and providing emergency assistance to banks when needed. In addition, central banks can provide monetary policy support to the economy …
SWIL Team
1 min read
Accounting
Bank of Baroda Net Banking Bank of Baroda Corporate Net Banking is a new banking service that offers companies a more efficient and convenient way of doing business. With Corporate Net Banking, companies can easily access their account balances and transactions with other banks, without having to g…
SWIL Team
1 min read
Compliance
With Union Bank of India's net banking, customers may conduct most of their financial transactions online. It eliminates the need for an actual bank visit. The services include account opening, internet money transfers, and other programs. Among other things, you may start investing in SIPs, pay va…
SWIL Team
1 min read
Accounting
An Indian public sector bank with its main office in New Delhi, Punjab National Bank, offers various online and zonal banking services. You can easily and quickly shop online with the PNB Net Banking service, book tickets, and send payments to the TNEB. People prefer to pay while out and about in t…
SWIL Team
1 min read
Compliance
Introduction Transporting goods can be challenging as they can be lost due to theft or spills. Documents such as packing slips help you track and verify a particular shipment’s contents. Challan for delivery is a useful tool for safe transportation of goods. It helps you track and confirm delivery …
SWIL Team
1 min read
GST & Taxation
Introduction The Goods and Services Tax (GST) aims to reduce the number of indirect taxes and unify the Indian market. Regardless of the tax system, registration is recognized as a taxpayer. It is the most important requirement for ensuring tax compliance in the economy. GST registration of an enti…
SWIL Team
1 min read
Compliance
Introduction Invoicing software is a software tool that automatically generates invoices for the services and products offered. This tool creates a list of services and products at the corresponding cost and sends them as an invoice to the customer. These invoices are typically created using person…
SWIL Team
1 min read
Pharmacy
Technology has steadily taken over every conceivable industry, from government institutions to corporate offices and science laboratories. This means huge improvements in performance, as it was unfeasible only a few years ago. Digitalization is the best example of how classical businesses and scien…
SWIL Team
1 min read
Accounting
Do you bank with Indian Overseas Bank? If so, you're in for a treat! The bank's mobile app offers many features and services that will improve your banking experience. You can use IOB Net Banking to conduct most financial transactions, keep up with the digitalization trend, and more. This blog post…
SWIL Team
1 min read
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