What comes to your mind when someone say the word “accounting”? Sales, purchases, and bank entries? You’re partially right. Because accounting is not limited to just that, and it is complete only when all the accounts are finalized. But this simple understanding is what creates a huge gap in businesses not following compliance. And when a group of chartered accountants realized that the fundamentals of commerce taught in their high school, “accounting,” are the root cause of 90% of businesses not following compliance properly, they wanted to take things into their own hands and fill this gap. This is what led to the initiation of Hisab Kitab, a Flexi accounting solution that solves the shortcomings of the traditional accounting system.
