BharatPe has launched India’s first UPI Bahi Khata for merchants, which allows merchants to record their cash/ credit (udhar) sales customer wise, request accounts receivable from customers via SMS payment links, and keep track of accounts payable to suppliers, among other services. It also serves as a networking platform for merchants to connect and collaborate ..
Accounts receivable: GK, Current Affairs, Questions, Trivia and News
The Garden Reach Shipbuilders and Engineers Ltd (GRSE) has become the first defence Public Sector Units (PSU) to be activated on the TReDS (Trade Receivable Discounting System) platform. The platform enables discounting of invoices of MSME sellers against large buyers through an auction mechanism, helping prompt realisation of trade receivables at competitive market rates and ..