Ready-made software, also called commercial software, ranges from Microsoft Office suit to large enterprise applications that perform such tasks as accounting, manufacturing and selling company's products and services..

A point of sale (POS) is a place where a customer executes the payment for goods or services and where sales taxes may become payable. A POS transaction may occur in person or online, with receipts generated either in print or electronically. Cloud-based POS systems are becoming increasingly popular among merchants.

From January 2022, the GST rates on clothes overall was going to be fixed at 12% irrespective of value. It means that the GST rates on clothes of any value whether below Rs. 1,000 or above Rs. 1,000 is 12%, compared to the earlier GST of 5% on garments priced up to.

With TallyPrime, you can record invoices, quotations, orders, accept payments and receive bills in foreign currency. The gains or losses in forex due to currency rate fluctuations are auto-calculated and can be adjusted easily..

Readymade software can be purchased and deployed quickly, allowing businesses to start using it right away. This is also one of the biggest advantages of choosing readymade software. As this provides all industry specific features in quick time.

Unlike custom software, which is designed to meet the specific needs of a particular company or user, off-the-shelf software solutions are ready-made and can be used by anyone who buys them.

The first software that should be installed on a computer after hardware installation is the operating system. The operating system manages the computer's hardware and provides the necessary services and functions for other software to run.

Custom Accounting Software Overview Custom accounting software is a solution that provides unique functionality tailored to each company's specific needs across general ledger, payables and receivables management, asset and inventory accounting, financial data reconciliation, payroll and tax management, and financial reporting.

The full form of POS is "point of sale." It refers to the location where a transaction takes place, usually at the check-out counter in a retail store, but can also refer to online transactions and other types of business transactions.

Readymade app solution is an off-the-shelf application that helps businesses launch their online platform(web and mobile app) effortlessly. So, it's not like custom development which requires building an app from scratch.