Month: June 2021 (Page 1 of 2)

What Is E- Invoicing? 

An electronic invoice or e-invoice is a digital document exchanged by a buyer and a supplier and authenticated by the government’s portal. GST e-invoicing software was primarily built for invoice preparation of business to business (B2B networks.  The invoice is prepared in a format indicated by the GSTN. The seller of a product now generates an invoice and reports to the e-waybill and GST portal. 

Why Do We Need A Standard E-invoicing System?

Worldwide tax administration departments want to make the GST software a success because of the following reasons.

• If the pre-decided format is followed for the invoice generation means it is more accessible for all parties to read, share and understand the document
• The invoices thus prepared can be checked by the central system
• Under GST software, specific fields are already prepared when a seller is filing returns to avoid any disparity during data reconciliation

How to Generate An E-invoice Under Goods and Service Tax?

The GST e-invoicing software’s flow is classified into two parts

• First is the interaction between the IRP (Invoice registration portal) and the business
• Secondly is the communication between the e-waybill systems/GST, buyer, and IRP

Under the GST e-invoicing software, the taxpayers will have to generate an e-invoice in the way they have been doing, with the only exception being that the invoice will be electronic.  They must fill in specific mandatory details like

• Details of transaction like the type of suppliers they are, the tax scheme they are under
• The document details like date, number, type
• The suppliers’ details like name, address, pin code, state code, GSTN address
• The buyer details like name, address, pin code, state code, GSTN address
• The address from which the goods are dispatched (it is mandatory if it is not similar with the details of the supplier)
• The shipping address (required if it is not similar with the buyers’ address)
• Details about the item like what goods, GST rate, the total amount, assessable value, number of items, HSN code. If the goods are being sent in batches, then the batch number should also be mentioned
• Invoice details like the total value of the invoice and the assessable value

These details are mandatory, but optional parameters introduced by the Council which may be filled if the business requires. After the e-invoice in the GST software has been finalized, the taxpayer needs to plan if the billing or the accounting software will create a JSON depending upon the IRP.

Create an Invoice Reference Number (IRN)

Based on the details provided by the seller, such as the document type, document number, fiscal year, and GSTIN, the invoice registration portal (IRP) will develop a hash factor. The IRP will decide whether similar invoices can be found in the Central Registry. If no similar invoices are found, the IRP will include a QR code and signature in the JSON data of the invoice. The previously stated hash will be the (invoice reference number) e-invoice number.

Generation of a GST e-invoice is primarily the responsibility of the taxpayer reporting the IRP in GST.

If you want to know the benefits you will get by using an e-invoicing software, here are some,

Benefits of Using the E-Invoicing System

• When prepared by the supplier, e-invoicing software allows for real-time tracking of invoices. This expedites the availability of input tax credit
• E-invoicing in GST also simplifies generating e waybills by pre-filling all details from the GST portal except the vehicle details, which the taxpayer must fill out
• The buyer can then compare the invoice to his purchase order and accept or reject it in real-time
• In Electronic invoicing (E-invoicing), data can be accessed in real-time, thanks to the software. As a result, the possibility of manipulating invoices is significantly reduced because invoices will be generated before carrying out a specific transaction. This reduces the production of bogus GST invoices, and only the real input tax credit can be claimed. Because input tax credit and output tax credit will be available in real-time, tax officials will easily detect a forged input credit

The use of electronic invoices is growing by the day, and software and standards are constantly being improved to assist users in resolving issues. To avoid falling behind in time, businesses must adapt to such technological advancements at the earliest.

Did you know that fun quizzes for fun are a great way to make your personal assessment easier? These questions will help you determine your strengths, weaknesses and areas of interest. You can even use fun quizzes to do some extra research if you find the time to devote to them. Whether you just want to relax, unwind or get ready for a big event, taking a fun quiz will help you reach your goals with ease.

The beauty of taking quizzes for fun is that they allow you to control the difficulty level. You don’t have to worry if you are answering difficult questions or not answering at all. Sometimes it is better to just skip right to the easier ones. As long as you are getting an accurate assessment, nothing should be stopping you from setting your personal quiz apart from the rest.

Fun quizzes for fun really are a fun way to assess yourself. If you are unsure about yourself, answering a difficult quiz can sometimes bring out your greatest fears or the worst possible flaws. By answering fun quizzes for fun, you are letting the world know how you really feel about yourself. If you are a strong person with no flaws, then you probably wouldn’t be afraid answering general knowledge quizzes about almost anything. If you are completely honest and love yourself for who you are, then you might not answer funny questions about your weight or height.

General knowledge quizzes include things like how many kids you have, how old you are and what is your address. These types of quizzes for fun are great because they require broad information and are generally easy to answer. You will learn about your average weight and height as well as about where you work and where you live. Most people answer these types of quizzes without giving it much thought and often it is forgotten that the purpose of the quiz is to learn about you.

Some more fun quizzes for fun involve things like crossword puzzles. These types of quizzes are fun because you are developing an interest in the subject matter and you are also testing your skills with every correct answer. These types of quizzes for fun are great for developing your memory as well. In many cases, the best type of general knowledge quizzes for fun are those that encourage you to utilize your memory. For example, if you are required to answer sixty multiple-choice questions, you will be working on increasing your ability to remember the information. There are many fun memory quizzes online that you can take to help develop your memory.

Finally, the final category of quizzes for fun are those that just have a certain relevance to you. Some examples of these types of quizzes for fun tests regarding what is the smallest city in Texas and what color is the most popular among baby boomers. All in all, if you are having trouble learning something and you think it might be a good idea to take a quiz, try one of the fun quizzes for fun. You never know, you may discover you have been learning all along that there actually is more to know than you thought. No matter what the purpose of your quizzes for fun, make sure you take them seriously and you will do well in college.

The professional landscape has been historically unequal in terms of the professional opportunities and progress of women in comparison to their male colleagues. Over the years, what we have seen is that across the varying industries that span the globe today, there have been countless instances where male counterparts were offered opportunities or compensation packets that were not given to the female colleagues, regardless of if they out-performed their female counterparts. It has been a concerning and ongoing trend that four years has been discussed and highly picked apart. However, it is only in recent years that we have finally begun to see a shift in the way that this gender gap has been approached and understood from all angles. From the offering of business loans for women to the introduction of more support systems for promising female professionals in their fields to be able to build themselves up, we have seen a significant shift in recent years.

Beginning to close the age-old gap

There is of course quite a lot to be said about the fact that the gender gap in the professional landscape that spans the globe has been ongoing for decades now. Additionally, the shift towards closing the gap and figuring out a more equal way to move forward so that individuals of all genders and identifications are able to have access to equal opportunity and compensation. The only thing that should set apart individuals to be paid more than others and given more opportunities is their talent. It is encouraging and exciting to see that we are beginning to see a professional landscape it recognises that the gender gap in how men and women are treated in professional workplaces has been unfair and needs to be corrected.

The emergence of more female leadership in business

Finally, we are seeing more female leadership in businesses of all natures, shapes, and sizes. The emergence of more female leadership and business is something that has gone hand in hand with the heightened awareness and understanding that the recognition and appreciation of the efforts of women’s skills and talents in setfields has been significantly under-represented and underappreciated for far too long. Today, the surging rise of female leadership across the varying industries across the board and around the globe is being met with more interest and investment than ever before. and more exciting again is the understanding that this is very much expected to be just the start with the best still to come.

Why this is just the tip of the iceberg

Of course, we have seen significant strides in the right direction in this way. However, there is still room for improvement. The reality is that there is still so much opportunity left to discover and explore female leaders in business. The shifts that we have seen in recent years have been encouraging and exciting, however they are also just a taste of what is still yet to come. In the coming years and beyond, the shift towards more female leadership in varying industries is going to continue to come bolder and smarter all the time. 

The digital era has effectively and successfully come into full fruition around us in recent years. We have seen an incredible amount of attention to detail and overall and pieces that are focused wholeheartedly on allowing modern marvels of digital and technological intention to revolutionise the world as we know it and just about every possible way. As a result, the modern world is entirely different to the one of years past and it is very much expected that this is just to be the tip of the iceberg.

Each and every industry that functions and thrives today has been and continues to be impacted and its own way by modernisation and technological impact. For some industries, this inclination has been a natural next step while for others it has been more about adjustment and realignment than anything else. and now, we are beginning to see technologies that have been introduced relatively recently become bolder and smarter than they have ever been before, effectively and successfully introducing the best era of the respective industry yet.

The automotive industry embraces blockchain

In the automotive industry, for instance, the introduction of blockchain has had – and continues to have – an incredible impact on the automotive industry. There has been a fantastic level of enthusiasm and investment in not only allowing blockchain to function and thrive in automotives, but also allowing it to effectively and successfully go from strength to strength, in turn creating an even better approach towards the automotive industry for years to come. Blockchain as well and truly here to say and not just the automotive industry but the entire world. This is just the start.

Blockchain tech enables a more transparent car selling process

In automotives specifically, blockchain is having revolutionary impact in all the right ways. In fact, blockchain technology is today enabling a more transparent car selling process. One of the biggest issues in the automotive industry over the years has been that the illegitimate selling of either entire vehicle or car parts has resulted in buyers being ripped off in thinking that they have paid for a specific brand and model only to be met with a knockoff. The introduction of blockchain essentially provides a more secure way for that process to be handled so that the information from one end to the other is unable to be modified and ideally brings about the long needed halt of illegitimate car selling and car parts selling processes.

What can be expected from here on out

There is, of course, still so much left to be discovered and explored in this discipline. From the simple transition of the process of cash for vehicles to online sales, to the complete Technological overhaul onto a blockchain based framework, the reality is that the car selling process in the digital era and beyond is only going to get better as time goes on. Thanks largely to the introduction and ongoing advancement and enhancement of blockchain, the best is still yet to come.

While the widespread video of George Floyd’s murder ignited a movement and aided in the conviction of Derek Chauvin, it changed the life of the young lady who recorded it forever. Darnella Frazier was just 17-years-old when a trip to a corner store with her younger cousin turned into witnessing an arrest that turned deadly. In her testimony during the murder trial of Chauvin, she described what she saw.

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“I heard George Floyd saying I can’t breathe please. Get off of me. I can’t breathe. He cried for his mom. He was in pain. It seemed like he knew. It seemed like he knew it was over for him. He was terrified,” said Frazier.

Exactly one year ago, a video showing Floyd’s death left the world in shock. The footage recorded May 25, 2020, showed the 46-year-old Black man, pleading for his life as former Minneapolis police officer Derek Chauvin kneeled on his neck for exactly 9 minutes 29 seconds, leading to his death. For many, this video showed the dangerous reality of racism and police brutality, later sparking global outrage and ongoing protests

Like many people who saw the video, Darnella was deeply affected. The difference is she saw it firsthand. According to the teenager, the tragedy took a toll on her mental health. “Behind this smile, behind these awards, behind the publicity, I’m a girl trying to heal from something I am reminded of every day. Everyone talks about the girl who recorded George Floyd’s death, but to actually be her is a different story. Not only did this affect me, my family too. We all experienced change. My mom the most.” said Frazier.

Though the young woman rarely speaks publicly about that day, she described how the past year has been for her and her family in a public Facebook post.

“I am 18 now and I still hold the weight and trauma of what I witnessed a year ago. It’s a little easier now, but I’m not who I used to be. A part of my childhood was taken from me. My 9-year-old cousin who witnessed the same thing I did got a part of her childhood taken from her.” wrote Frazier on the anniversary of Floyd’s death.

According to Darnella, they were forced to leave their home, due to safety concerns. She also had to deal with constantly being asked by reporters to relive that day and the constant image of seeing Floyd’s lifeless body in her head.

“I couldn’t sleep properly for weeks. I used to shake so bad at night my mom had to rock me to sleep. Hopping from hotel to hotel because we didn’t have a home and looking over our back every day in the process. Having panic and anxiety attacks every time I seen a police car, not knowing who to trust because a lot of people are evil with bad intentions. I hold that weight.” wrote Darnella Frazier.

Although she still carries the weight of witnessing Floyd’s last moments, Frazier said she understands that what she did was powerful.

“Even though this was a traumatic life-changing experience for me, I’m proud of myself. If it weren’t for my video, the world wouldn’t have known the truth. I own that.” wrote the 18-year-old.

The bravery and mental toll filming this devastating moment took on Frazier’s doesn’t go unnoticed by the community. Most recently the teen was awarded a Pulitzer Prize for her bravery. In addition to this, ESPN+ & The Undefeated are presenting a 30-minute show dedicated to honoring and highlighting the courageous teenager’s story. According to the sports media company, viewers will get a look through the eyes of Darnella’s community and people around the country, including the sports world impacted by her video. The themes of Bearing Witness: A Portrait of Darnella Frazier will include the everyday acts of bravery that have always been the engine of Black progress, the unsung role of Black women in the struggle for full equality, and the trauma that results from witnessing acts of police violence.

This tribute was created by The Undefeated, ESPN’s content initiative exploring the intersections of sports, race, and culture. According to the Editor-in-Chief of The Undefeated, Raina Kelley, they are committed to supporting the Black sports community in all aspects.  “This initiative will highlight moments and stories on and off the field that empower and inspire; moments of athletic heroism and moral heroism; moments that signify change and progress, and moments that show us how much work is still to be done. We want to show Black fans that we are always there for them, we represent and reflect them, and we celebrate and appreciate them,” said Kelley.

According to the Washington Post, “athletes in nearly every sport — and at every level — have used their platforms to protest police violence since Floyd’s murder. And in doing so, they have pushed their respective leagues and franchises to join their efforts for social justice — something that has not traditionally happened.” In every corner of sports, athletes have long been some of the most vocal and expressive leaders at the forefront of society’s change.

For more stories around mental health in sports, visit the Black History Always collection on The U on ESPN+ 

Creatine simply shifts water inside the muscle cells. The result of this is increased muscle size, strength and body weight. Although this is temporary water retention, the benefits listed can help a weight lifter overcome plateaus, ensuring progression with each workout. 

The idea is that when you consume creatine you will experience bigger lifts which can contribute to muscle mass gained, thus when you cycle off creatine you will have more muscle and strength than prior to supplementation. When you first start taking creatine, some users report a gain of as much as 0.5″ to each arm. This shows how significant the water retention is inside the muscle cell.

Adenosine triphosphate

Creatine also increases ATP (Adenosine triphosphate) levels in your muscles. ATP is an energy molecule that proves effective during anaerobic exercise such as weight lifting. This can typically result in more reps completed during sets, or simply being able to lift a heavier weight than usual. This isn’t just convenient for people pumping iron, but also for those who train for endurance. Shorter running times and faster recovery (post exercise) are both advantages to long-distance athletes.

Although creatine is used worldwide by many top athletes, including the great footballer Zinedine Zidane. it isn’t 100% perfect and comes with some less than desired effects:

. Boating (usually goes away after first few days)

. Dry mouth

. Headaches

These 3 mild side effects may become apparent in sensitive individuals. To reduce these simply increase your water consumption. It is important that when cycling creatine you drink more water than usual. This is because creatine can dehydrate your body as it’s function is to shift all water to your muscles – something the body isn’t used to.

Is Creatine Natural?

Creatine is 100% natural. It is naturally found in foods such as steak. In powder form you just get a larger concentration compared to creatine in food. Steroids, for example, are unnatural as you are letting the male hormone testosterone enter the body. This is completely unnatural and your body will begin to show this when your natural testosterone levels temporarily shut down after use.

Creatine Monohydrate 

The monohydrate form of creatine is the most researched and tested creatine of them all. A loading dose of 20 grams is needed for the first 5 days, then a maintenance dose should be continued (5-10g) up until 30 days, when supplementation should then come to a halt.

A break in creatine supplementation is essential in helping your body regulate your natural creatine levels. And by not consuming creatine continuously, your body won’t become 100% accustomed to the supplement, making sure gains continue with each new cycle.

Creatine Side Effects

In terms of safety, creatine is deemed okay. It has been approved by the FDA and millions of people worldwide cycle the natural supplement frequently. However, although it is natural and safe, in rare cases some users report some side effects. Read below for a list of possible creatine side effects you may experience whilst cycling creatine.

Dehydration

As water in the body is pulled into the muscles, this can cause overall dehydration. To help keep hydrated whilst on creatine, be sure to drink more water than usual. A minimum of 2 liters of water should be drunk throughout the day, but more is recommended whilst cycling the supplement.

Shortness of breath

Some users have reported shortness of breath in the latter stages of a creatine cycle. Although this is a fairly rare side effect of creatine, it is important to monitor this. Inside Bodybuilding has reported of some users experiencing notably elevated levels of blood pressure after taking creatine, which also drops back to normal levels once cycling off. 

Asthma

Studies have shown that creatine in mice can cause asthma. I have asthma myself and didn’t experience any problems in this area. However, those that have bad asthma should monitor this for any change, should they supplement with creatine.

Conclusion

In conclusion, creatine is used by millions worldwide, including top level athletes, thus it is certainly safe to use and cycle. However, some mild side effects can occur (as mentioned) in sensitive individuals, although these incidences are somewhat rare.

Recruitment officers hold a key position in any organization solely because of the value of their work. These officers are responsible for bringing in the top talents and talented individuals who can actively participate in the company’s growth. However, sometimes due to recklessness and age-old hiring methods, hiring officers to land their organization with bad employees proves to be expensive in the longer run. The training costs and the bonuses prove to be empty expenditures. 

Hence, it is the recruitment officer’s duty to ensure that only good and compatible employees join the workforce, so the culture and environment aren’t disturbed. The onus is on the hiring officers to find out the best candidates who can bring value and innovation to the organization and prove profitable in the long run. For this reason, some minor tweaks must be made in the hiring techniques to improve efficiency. Read this article to find out ways to improve your hiring methods and recruit top talents.

Write an accurate job description 

Job description is the central part of your advertisement, and you must compose it diligently. Mention the roles and responsibilities that will come with the open position and the required skills for that. Write the description in an articulated manner using bulleted or numbered lists. Also, do not make any promises that you cannot fulfill and are not authorized to make by your organization. Stick to the point and highlight relevant keywords to attract only skilled and eligible individuals. Avoid any over-the-top embezzlements and keep your description free from click baits. 

The job title is a must

Write a proper job title that lays down the primary details about the open position. Do not use phrases like “Great opportunity” or “Senior position” because such phrases instill indecisiveness and confusion in the applicant’s minds, and the serious candidates opt-out. You must be short and crisp with the title and mention the post for which the hiring is open. 

Make a hiring team

If you are going into the annual recruitment drive, make the team and give first-hand training to the appointees. You can pick out some of your promising employees who are adept at the company’s work culture and team performances. Tell your teammates about the recruitment strategies and invite opinions and suggestions. 

If there is a chance of mass recruitment, divide the process into multi-layered interviews. Ask your teammates to conduct the entry-level interviews and check the credentials and appoint company executives and other senior members to take the final rounds. 

Never go in without a plan

Once you compose a hiring team, sit with them and discuss the company’s short-term goals and objectives. Ask the team members to conduct a survey with various teams to understand their needs and requirements. Lastly, ask your senior employees and key executives regarding their expectations and whether they want any skill-based changes in the recruits. Accordingly, make a hiring strategy and stick to it to avoid confusion and derailment.

Keep a checklist

While making a hiring strategy, draft a checklist of objective qualities that you wish to see in the prospective candidates. A checklist will remind you of crucial junctures and ensure that you don’t miss any point during interviews and the overall hiring process. For some mechanical decision-making, you may also mark each category and accordingly grade every candidate. Once the interviews are concluded, you can use this checklist to prepare an extensive rank list, which will help you prioritize the candidates.

Focus on “must-haves”

“Must-haves” refer to an employee’s primary skills. When giving out the job advertisement, ensure to mention only the primary skill requirement. Usually, when companies list too many expectations from an applicant, they refrain from applying, thinking they are not suitable for the job. 

If you set the bar too high in the preliminary rounds themselves, you will be left with a handful of candidates who will only match 70% of the criteria. Additionally, women do not apply to such jobs where they think they are underqualified. This can affect your inclusiveness and hurt your organization’s image.

Look within

If the open role in your organization is for some senior position, open up the applications for your employees first. This will incentivize the work culture and encourage them to work harder. Additionally, it will give the impression that the company believes in its people and wants to give them the first shot as a privilege. 

Most importantly, your employees are well-versed with the working conditions and the immediate needs and requirements. Internal hirings will save interview and screening costs. Also, existing employees won’t need any extra training, which will save further costs. 

However, you can invest in the skill-building of such employees to prepare them for more leadership roles and upcoming company projects. Lastly, internal hirings will promote a healthy work culture, and a new senior appointee is very less likely to get hostile treatment. Also, you won’t have to worry about reference checks because all your employees have already been through extensive background and Australian federal police check.

Nobody wakes up in the morning and says, “Today would be a great day to do some continuing education!” However, when it comes to maturing as a professional in your chosen career field, CE could be one of the most important things you do each year.

The Skinny on Continuing Education

Continuing education is just a concise way of saying “ongoing education that’s needed in order to help you remain current and knowledgeable in your field of expertise.” And while it looks different in nearly every industry and career path, continuing education almost always produces a significant ROI for those who take it seriously.

While not all professions require continuing education, many of the top ones do. For example, you’ll find continuing education requirements for:

• Lawyers. To actively practice law and serve clients, you must meet the American Bar Association’s requirements for continuing education. A failure to do so could lead to your license being revoked and having to pay a reinstatement fee after catching up.
• Accountants. Accountants have very rigorous continuing education requirements. To remain in good standing with the National Association of State Boards of Accountancy, you must take 120 hours of continuing education every three years.
• Healthcare. Within almost every healthcare specialty, there are continuing education requirements. For example, respiratory therapists must take at least 30 hours of general credits every five years from an accredited respiratory CEU program.
• Pilots. To hold your pilot’s license, the FAA requires pilots to fly at least once every 24 months. They must also take semi-regular continuing professional development courses to improve their skills and stay current with technology. 

This is just a small sample of careers that require continuing education. You’ll also find requirements for real estate agents, insurance advisors, financial advisors, psychologists, architects, pharmacists, and dozens of other professions. 

The Case for Continuing Education

It doesn’t matter what career you’re in. If you’re serious about giving yourself a chance to be successful, you have to take continuing education seriously. In doing so, you’ll enjoy a long list of direct and indirect benefits. Here are a few of them:

• Advance Your Knowledge

The number one purpose of continuing education is to increase your knowledge about important topics relevant to your career. This is especially important when it comes to technical fields where innovation leads to rapid advancement.

Without formal continuing education, you’d be left to your own devices. By taking these courses, you’re basically getting a curated dose of all the best and most important information downloaded directly into your brain. 

• More Upward Mobility

Employers recognize your commitment to continuing education. They can see if you’re just going through the motions, or if you’re actually acquiring and applying valuable information that makes you a better asset to the company. 

When you give it everything you’ve got, employers see the investment and are more likely to reward you with better job opportunities and promotions in the future. But even if they don’t, your acquisition of the new knowledge makes you an even more valuable professional on the open marketplace. In other words, you can look around for job opportunities and position yourself as a more competent individual.

• New Complementary Skills

In addition to acquiring technical skills that are directly related to your job, continuing education courses often teach you complementary skills that can be applied in other areas of your life.

For example, an accountant might take continuing education about client communication. In this course, he could learn how to be more empathetic. This newly acquired skill of empathy will also translate over into his personal relationships with his spouse and children. 

• Increased Earning Potential

When you add all of the benefits mentioned above together, you ultimately become a more skilled, poised, and competent professional within your space. Naturally, this creates more opportunities and an increased earning potential.

While it’s difficult to put a specific percentage on how much increased earning potential you can expect from continuing education, it will always be a net positive gain. And even if it’s just 10 percent (which is very conservative), that could amount to millions of dollars in additional earning power over your career. 

• Sharpened Mind

There’s something about continuing education that sharpens the mind. It forces you to enter into “student mode,” which requires you to adopt a posture of learning. You can’t simply go through the motions. You have to show up and engage with new content and be willing to embrace challenging subjects or difficult topics that you haven’t encountered before. And it’s through this struggle that growth occurs. 

Adding it All Up

Continuing education is not the be-all and end-all. It is, however, an important ingredient in the master recipe of a successful career. Take it seriously and good things will happen for you as you advance onto bigger and better things.