Reconciliation
Market basicsChecking statements against a single list of what you believe you own.
In plain terms
One afternoon a year. It reliably catches Regular-plan folios and untransferred EPF.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
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Revenue bridge
Fundamental analysisAlso called: Growth bridge, Revenue walk
A reconciliation that walks from last year’s revenue to this year’s, attributing each part of the change to volume, price, mix or acquisition.
In plain terms
The pieces have to multiply back to the reported number, which is what stops you telling yourself a story. Half an hour with the volume tables and the business combinations note builds one.
MSME dues
AccountingAmounts payable to suppliers registered as micro or small enterprises, which the MSMED Act, 2006 requires to be paid within the agreed period and in any case within 45 days, and which companies must disclose separately.
In plain terms
An overdue MSME balance is a tax item as well as a working capital one: delayed payment carries statutory interest, and the income tax law defers the deduction to the year of actual payment where the time limit is breached. If it is biting, it shows up by name in the tax reconciliation note.