An Accurate Accounting Software for your Business | ONPASSIVE

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Key Features of O-Counting

O-Counting gives you that unparalleled ease and efficiency that you deserve with all your accounting needs. Spanning from inventory management, recording receivables, payables, monitoring expenses and so much more, O-Ccounting redefines every accounting aspect for you.


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Here are some of the most-requested sources for information.

The debit abbreviation is “dr” and credit abbreviation is “cr”.

There are two types of transactions in accounting – Revenue and Capital.

It is a statement that states all the liabilities and assets of the company at a certain point

TDS stands for Tax Deduction at Source. It is introduced to collect Tax from the company from where the employee income is generated.

GST stands for Goods and Service Tax. It is an indirect tax other than the income tax. It charges on the value of the service or product sold to a customer. The customer/clients pay the GST, and the seller deposits the GST with the government. Some countries have sales, service tax which works more or less the same as GST.

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