What is the difference between Open Charges and Bank Wise Open Charges?
Open Charges / Borrowings: Open charges or borrowings is the list of open charges are the list of individual open charges or the borrowing that the company has taken from the respective financial institution or charge holder.
- Bank Wise Open Charges: Bank wise open charges are the sum of open charges or borrowing by the bank or financial institution.
If there are 3 open charges that a company has with the same bank, under open charges you will see 3 individual entries whereas under the bank wise open charges 1 entry and the total of charge amounts of individual charges will be summed up and mentioned against that respective bank.
Please refer to the following example for clear understanding. Hope it's clear now, please feel free to connect with me for any clarification in this regard. Thank you.
Ref Products: InstaBasic, InsaSummary, InstaDetailed, InstaCombo, BRisk
How to update company Open charges/ Borrowings?
To update company Open charges/ Borrowings, Follow the below steps. Visit www.InstaFinancials.com Type company name Select relevant company name from the list shown below On Ninth heading company Open charges/ Borrowings, click on update option ...
Difference between a Postpaid User and a Prepaid User
A postpaid user is the one that makes the payment after availing the services i.e. a user who makes the payment at the month end after the orders are delivered. By default all new users are configured as Prepaid Users. InstaFinancials offers Postpaid ...
How to download InstaSummary
InstaSummary Includes summary of financials, additional information on directors, charges, rating, employment trend and much more. For downloading InstaSummary follow the below steps. Visit www.InstaFinancials.com Click on Sign In Enter Email and ...
Products and Services
Products With our commitment for “Innovation in Application of Financial Data”, we offer solutions that address the key decision needs of various profiles and functions from different industries. Our offerings are packaged and priced to suite to ...
How to get basic details of Companies?
You can view basic company master information, directors information, charges summary and potentially related parties information for any Private or Public Limited company registered in India. Our website, can present information of over 16 Lakh ...