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A termination letter is an official letter or a notice given by an employer, mentioning the date on which an employee’s or employees’ contract of employment will reach the terminus. There are no particular requirements for a company to give its employee the termination letter before the employee is fired…

A payroll is a list of company’s employees, and the salaries and wages they are to be paid. But this term is usually refers the aggregate sum of money that a company pays to its employees, Payroll also includes withheld taxes and bonuses. From accountant’s point of view, payroll is…

Outsourcing is a word very common in the business world and is known by various business personnel and executives owing to its priority. Every individual whether working in public or private company is familiar with that term. Outsourcing is generally means to “contract out” while concept becomes from American glossary,…

Statement of account is a periodic report usually issued by seller, company or business to its customers at the end of month or after specific period of time. It shows summary of all transactions and sales made via customer account during the mentioned time period. Purpose of this statement is…

A budget is necessary tool to learn where you are spending at present, decide how much you can save from your money income, and decide where you would like to invest your money. Whether you manage your finances at work or at home, having a pre-planned budget is a fundamental…

Packing slip is a shipping slip or a document that contains goods when they are shipped or delivered. In most of the cases, this slip is placed inside the box, pocket or other container that is used for the delivery of goods. Packing slip is also known as shipping list…

Download free NOC template from the end of this page. NOC (no objection certificate) is an official document which consistently issued by any institute, private agencies, organization or court to make sure that there is no any disapproval or doubt of completion of a project, constitutional proceeding and anything like…

As we all know that receipt is a document issued by someone when something of value has been received by other party regarding a particular transaction, a school fee receipt is usually generated by school management after receiving school fee from student or parents. It is a very important commercial…