what is the difference between a business activity statement and an instalment activity statement?
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Related to the BAS is the Instalment Activity Statement (IAS), which is used by taxpayers who are not registered for the GST, but have other tax obligations. ... An IAS is also used by entities that prepare a quarterly BAS but are required to remit their PAYG withholding tax on a monthly basis.
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An invoice documents a specific sale transaction where goods or services were provided to the buyer, while a statement itemizes all invoices that have not yet been paid by the buyer. ...
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What is the difference between method activity and event activity in WorkFlow ? A method activity is one that performs an action, such as creating or updating a task. An event activity is one that runs in response to an action occurring.
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Incorporated businesses usually carry the designation Inc., Corp., or Ltd., all of which indicate that the business is a separate entity from its owners and that the owners' liability is limited. There are actually no distinctions between them, Ms.
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A Custom Workflow Activity Plugin is very similar to a Plugin exempt that it is executed from within a CRM Workflow, Whereas Plugins Are executed on Events that Occur on the Entity, So workflow Activities give you more control when the plugin will be executed as well as allowing you to configure some logic through the ...
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The biggest difference is is that the workflow acts as an automated to-do list, capable of sending out documents and emails, or reminding you to do so. Whereas the lifecycle displays what has already occurred.
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The main difference between the two documents is the duration. Purchase orders represent single business transactions. Contracts are used for long term arrangements between the buyer and seller. Contracts may also allow for renewal options.
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Activity-based costing identifies all of the specific overhead operations related to the manufacture of each product. A fundamental difference between traditional costing and ABC costing is that ABC methods expand the number of indirect cost pools that can be allocated to specific products. ...
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The biggest difference, however, is that each serves a different purpose. Whereas articles of organization are used to establish an LLC, articles of incorporation are used to create a corporation. ... Also, articles of organization require just one registered agent, whereas articles of incorporation require three.
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The key difference between a purchase order and an invoice is that a purchase order is sent from a purchaser to a vendor to place an order while an invoice is sent from a vendor to a purchaser to request payment for an order.
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The Statement of Cash Flows describes the cash inflows and outflows for the firm based upon three categories of activities. Operating Activities: Generally include transactions in the “normal” operations of the firm.
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There is two major classification of business activities, i.e. industry and commerce. The industry is all about the production of goods, whereas commerce focuses on their distribution of goods and services. Industry implies all the activities that are concerned with the conversion of raw materials into finished goods.
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The mission is the core of the business, but it is about the internal perception of the brand. A mission statement shapes a company's culture and it is often used in hiring materials as well as the about page of a website. A positioning statement is about the external perception of the brand.
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Difference Between a Sales Invoice and an Official Receipt. Every business entity is mandated by the Bureau of Internal Revenue (BIR) to issue an official receipt and/or sales invoice for every sale of goods, properties or services. The invoice and/or receipt serves as supporting document.
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This overview of income and expenses from the daily operation of the business is commonly referred to as realized income or traditional income. A statement of comprehensive income, on the other hand, provides more details about the company's financial situation than what is found on a basic income statement.
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A Mission Statement defines the company's business, its objectives and its approach to reach those objectives. A Vision Statement describes the desired future position of the company. Elements of Mission and Vision Statements are often combined to provide a statement of the company's purposes, goals and values.
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Business vs. ... Academic writing is formal, using the third person, while business writing is less formal and can use any point of view. Academic writing focuses on facts, while business writing gives opinions. Long sentences are alright in academic writing, but are cumbersome in business writing.