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What is the importance of accounting?

It is important to keep your financial records updated to ensure smooth functioning of your business.

Helps in evaluating the performance of the business

The financial records give a clear picture of operations as well as the financial position of small business or corporation. It helps in better understanding the financial status of your business. Accounting not only helps you maintain a track of your expenses, gross margin and income but also helps in allocating the budget properly by comparing the previous data.

Ensures statutory compliances

Proper accounting will help maintain statutory compliances when it comes to your business. Liabilities such as GST, income tax, pension funds and others will be properly addressed.

Non-maintenance of books and accounts is an offence punishable by law. If a company fails to abide by the statutory compliances, the company will be liable to a huge penalty.

Creating a proper budget and future projections

A businesses financial record plays a crucial role when it comes to budgeting and futuristic projections. Previous financial data is used to provide the base of business trends. With proper financial records, it is possible to make business decisions concerning budgetary and the onset of future projects.

Filing financial statements

Accounting Services plays a critical role while filing financial statements with the Registrar of companies. Financial statements are required for stock exchange and also for direct and indirect tax filing purposes.

Financial statements build trust in a company. A company’s financial statements act as a base for investors to decide on whether to invest their hard-earned money in the company.

The balance sheet of a company can have a huge impact on the company. The value of assets varies from the time they were purchased. A certain number of revenue earned will be stated by the company. But how much of that amount is actual cash and how much of it amount receivable should be accurately stated.

Conclusion

Proper accounting outsourcing services will help you deal better with financial issues. Accounting requires accuracy and good quality work. When you decide on outsourcing your accounting services, you’ll find more time to work on the growth opportunities of your business.

At Aavana, we have a team of dedicated professionals who will work with your business’s accounting needs. You can count on us to render quality services that will best suit your needs. We also do online accounting services.

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Medicine, Pharmaceutics and Dosage Forms

What is a medicine or drug?

A medicine is a chemical substance which can be defined as an agent intended for use in:

Diagnosis – Identification of the nature of illness or disease in man or animal,
Mitigation – Action of reduction of the severity of disease in man or animal,
Treatment – Manner in which we use the drug or treatment for treating any disease in man or animal,
Cure – Provided relief from a disease in man or animal, or
Prevention – Protects a man or animal from a disease.

What is pharmaceutics?

The science of dosage form design is called pharmaceutics. It is the discipline of pharmacy that directly deals with the process of turning new chemical entities or old dosage forms into a medication that can be safely and effectively used by patients.

The field of Pharmaceutics specifically deals with formulation development, packaging, stability & marketing of the new dosage form. In the development process of a new dosage form, pharmaceutics gives special attention on issues such as how many drugs to be used in creating the new dosage form, the quantities of drug to be used and how much drug will be effective for treating the disease.

Developing a new drug or a new dosage form from an old drug form are also examples of New Chemical Entities. Such New Chemical Entities can be newly synthesized or obtained naturally. Examples of dosage forms include tablets, capsules, powder, granules, pills, syrups etc.

Dosage Forms

Dosage forms are the means by which a drug molecule or an API (Active Pharmaceutical Ingredients) is delivered to the site of action within the body to produce optimum desired effects and minimum adverse effect.

For example, almost everybody knows about a Paracetamol tablet which is commonly used to treat headaches and fever. In a Paracetamol tablet, Paracetamol is the API or the Active Pharmaceutical Ingredient and tablet is the dosage form. To have the right effect and provide the precise pharmacological action, the API which is Paracetamol has to reach the site of action, which is the brain, and then have the exact pharmacological action, and treat the headache. Without a dosage form such as tablet, this whole process would have faced several barriers and its impact on the site of action would have suffered as a result.

What is Dosage form made from?

Dosage form is made from API and Excipients. While APIs (Active Pharmaceutical Ingredient) show the pharmacological action, excipients help in increasing the bulk of the API and provides stability to the API so that the API can cross the barriers and reach the site of action.

All APIs have a pharmacological action which needs to be identified. Depending on the disease the dose of API varies, however the API in itself is not sufficient to reach the site of action and requires additional excipients to create a practical dosage form.

Please note that excipients do not increase or decrease the therapeutic action of any active ingredient. It is interesting to note here that excipients are generally inert in nature and don’t have any pharmacological action.

Examples of excipients include binding agents, sweetening agents, flavoring agents or preserving agents. Acfording to the dosage form the exceipients are selected and converted into a dosage form.

Why are dosage forms required?

Dosage forms are primarily required for 3 main purposes:

Providing a safe and convenient delivery of accurate dosage. For example, tablets, capsules or syrups.
Concealing the bitter taste or odor of the API. For example, Coated tablets or flavored syrups.
Protection of drug substances from atmospheric oxygen or moisture. For example, coated tablets or sealed ampoules.
Ram-Eesh Institute is the best Pharmacy college in Greater Noida, Delhi NCR and Uttar Pradesh.

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Loan Company

Personal Loan is an unsecured mortgage for non-public use which doesn’t require any safety or collateral and may be availed for any cause, be it a marriage expenditure, a holiday or purchasing purchaser durables. A non-public loan is very reachable & caters to all your wishes. The amount of mortgage can be ranged from Rs. 50,000 – Rs. 30 lakh & the tenure for repaying the loan varies from 1 to 5 years.

Advantages of private loan

A loan with out protection : A Personal Loan isn’t a secured loan (bank doesn’t ask for any security or collateral) as towards a secured loan in which one is required to pledge a residence or different protection to acquire a mortgage.
Easy documentation : A Personal mortgage can be accessed with minimal paperwork or documentation & doesn’t take tons time you acquire as towards a secured loan.

No specification approximately the cease use of the loan quantity : You aren’t required to reveal the stop use of the money borrowed. Banks are concerned about the fact that whether or not the borrower is capable of pay lower back the mortgage with interest earlier than the due date or not and they affirm this by using checking the earnings, employment or business & other elements of the borrower.

Huge mortgage quantity : Non-public loan is a method to fulfil a larger mortgage requirement. You can take a Best loan starting from Rs. 50,000 to Rs. 30 lakh. Indexia Finance non-public loan.

Foundation to evaluate Indexia Finance personal mortgage
Compare interest prices : Personal Loan can be in comparison more often than not on the basis of interest prices which range across banks. Relying in your profile that’s in addition linked on your career, earnings/earnings, credit score history and many others. Avail best online Personal Loan with low interest rate. The private loan interest charge tiers from 11. 99% to 25%, you need to go for that mortgage which is imparting you on the minimal price.

Different fees : You ought to additionally test on the other charges like processing price, prepayment penalties and documentation rate due to the fact they boom the overall loan fee and vary broadly throughout banks.

Assessment of numerous loan gives : You have to first calculate the whole loan value across banks which constitutes the rate of interest & banks different prices. Examine gives keeping the tenure of the loan regular & compare the price of interest, EMI & other expenses.Indexia Finance provides online loan with monthly payment and the best loan service Provider in India & US. If anyone search for a Loan near me then apply for instant & small online Personal Loan with Indexia Finance as an easy online Personal Loan with low interest and easy instalment option. This system will help you get the nice loan deal.

EMIs : EMI is the month-to-month equated instalment which constitutes the predominant quantity and the interest at the most important equally divided throughout each month in the mortgage tenure. Use our EMI calculator to evaluate EMIs throughout banks.

Tenure : Tenure is the timeframe for the non-public loan bills to be paid lower back to the financial institution; it tiers from 1 year to 5 years. When you have a longer tenure you will emerge as paying extra interest & can have lower EMI, however shorter loan tenure will convey better EMIs & the interest amount is less. You need to examine the loan offers by way of keeping the tenure steady.

Eligibility take a look at : Earlier than taking a Personal Loan you have to realise the eligibility criteria supplied through numerous banks on the premise of which they offer loans and additionally compare personal mortgage banks. Checking the eligibility parameters will help you find the satisfactory loan deal. Check out your eligibility by means of various banks.

Turnaround time : It turns into one of the maximum important elements in assessment of your mortgage application whilst you are in a dire want of cash. Turnaround time is the time which banks soak up processing your loan application. You have to take a look at this parameter which varies from financial institution to financial institution.

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