Recording of the financial data of a business in an orderly manner which will help for future reference is termed as bookkeeping. Many businesses prefer outsourcing their bookkeeping to professionals rather than doing it on their own. Types…

What is bookkeeping? Bookkeeping requires a lot of accuracies. It is the process of keeping a record of the day-to-day financial transactions of your business. Bookkeeping ensures that the financial transactions of your business are easy to comprehend…

Joint Venture Agreement  Let us understand the meaning of a joint venture agreement. A joint venture agreement is an agreement between two companies to develop a new entity through which both parties will attain mutual benefits. Such benefits…

Details that need to be included on a Master Service Agreement To obtain a well-drafted master service agreement, there are a few details that need to be mentioned in the agreement. Here is a list of the details…

Details that need to be included in a vendor agreement A well-drafted vendor agreement can minimise the misunderstandings which may occur between the vendor and the contractor. Here are a few details that need to be mentioned in…

This blog talks about a few details that need to be mentioned in a consultancy agreement. Here is the list of the details. Term The starting and commencing of the agreement should be mentioned. Situations under which the…

A vendor agreement is an agreement that is made between the vendor and the contractor. This agreement gives an insight to the task details that need to be performed by the contractor. This agreement also includes the time,…

A service level agreement or an SLA is an agreement that is made between the service provider and the client. This agreement defines the level of service that is expected by the client by the service provider. SLAs…

A master service agreement is an agreement that is made between two parties outlining the roles and responsibilities of both the parties. It is a contract that defines the current and prospective services. Both the parties agree on…