Febi.aiBlogs
5 Ways to Reduce Your Business Tax Liability Legally
If you're running a small or medium business in India, you already feel the heat. Tight margins, climbing input costs, and an endless trail of compliances - it adds up quickly. But here's something a lot of business owners overlook - tax planning. Most treat it like a...
Bootstrapping vs. Fundraising – Financial Planning Tips
Introduction Starting a business? Yeah, it’s kind of like strapping into a rollercoaster blindfolded. One minute you’re buzzing with fresh ideas, and the very next moment you're staring at your empty wallet wondering how you’ll even cover your bills. It’s messy,...
The Benefits of Integrating an Inventory Management System with Your Accounting Software
Running a business today? It’s like spinning plates - products, payments, vendors, taxes, files, documents - it never ends. If you're still tracking inventory in spreadsheets and managing finances somewhere else entirely, you're burning daylight. Honestly, this kind...
Tax Tips for Freelancers and Independent Contractors in India
If you're freelancing in India, you’ve probably savored the freedom - but when tax season rolls in, you need to know some freelancer tax tips which can help you from hitting a wall. Tax planning for freelancers is not just about ticking boxes. It’s about saving money,...
Why E-Commerce Businesses Really Need Specialized Accounting Solutions
The digital age has flipped traditional commerce on its head. No store? No problem - these days, you can run a thriving online business straight from your couch using an e-commerce accounting software. Getting an ecommerce site live and running is easier than it’s...
Types of Taxes Every Business Owner Should Know in 2025
Taxes - ugh, right? But hear me out. Understanding how taxes work in India isn’t just a box to tick on your compliance checklist. It can seriously shape how your business grows, what decisions you make, and how confidently you face investors or regulators. Still,...
How to Implement ERP: A Step-by-Step Guide for Beginners
If you’re a business owner or manager, you’ve likely heard about ERP systems. But what exactly is ERP, why is it such a game-changer, and how can you implement it successfully? In this detailed beginner’s guide, We’ll walk you through everything you need to know -...
Understanding GST Return Forms in India: GSTR-1, GSTR-3B, GSTR-9, and Beyond
Introduction Running a business in India? Then getting your head around GST return forms isn’t just handy — it’s vital. Filing them properly online feels a bit like cleaning your house before a big festival. It saves you from that stressful last-minute scramble and,...
The Role of Blockchain in Modern Accounting Beyond Cryptocurrency
Blockchain, with its revolutionary advancements in data security, transparency, automation, and auditability has the potential to completely transform accounting procedures. It is changing the accounting landscape across industries, from enabling real-time...
Quantum Computing and Its Future Impact on Financial Modelling
Introduction to Quantum Computing 1. What is Quantum Computing? What if your computer could think in countless directions all at once? That’s the magic of quantum computing! Unlike traditional computers that rely on regular bits (which can only be 0 or 1), quantum...
From Data to Decisions: Leveraging AI Insights in Cloud Accounting for Strategic Growth
In recent years, getting access to a plethora of financial data and documents is not the challenge, but making sense of it and analyzing it is. As businesses can now generate large amounts of data quickly and efficiently, from sales and operational expenses to taxes...
How AI Helps with Accounting Compliances
1. What is Accounting Compliance? Accounting compliance refers to following legal, tax, and financial reporting rules set by authorities. It involves accurate bookkeeping, timely tax filings, and reporting financial activities according to government standards. For...
AI in ESG Reporting — Automating Corporate Responsibility
In today’s world, businesses are expected not just to grow financially, but to show responsibility through their Environmental, Social, and Governance (ESG) reports. This is where AI in ESG reporting steps in. It transforms sustainability reporting from a manual,...
AI & Cloud Accounting: Fighting Fraud and Cybersecurity Risks
In the current, ever-evolving world, we are moving towards a more digitalized future where accessing all our accounts and financial documents is a mere click away. While this brings convenience, flexibility, scalability, and ease of access, it also compromises the...
Top 5 AI Based Accounting Tools
In today’s fast-paced world, managing your books and keeping up with changing regulations can be difficult and stressful, especially for small businesses. Luckily, the sudden rise of AI tools for finance is making it easier than ever to automate boring tasks, stay...