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Generally Billing software allows you to track the products, services and to keep accounting figures precise. Operations like Generate Bill, share invoices, receive payments are mandatory for any Billing Software. You will need additional billing functionality depending on the products you sell, your pricing models and customer preferences.

Since billing software requirements vary depending on your Business size as well as your industry verticals, we have provided a comprehensive guide to help you choose the billing software solution that will keep your business growth and performance.

Verticals that require Billing Software,

Retail Business verticals like Supermarket, Grocery shops, Restaurants, apparels, Pharmacies, Healthcare centers, Hospitals, stationary shops, Mobile store, electrical and electronics center & more.

Application features like Accounting and finance, Coupons, discounts, Barcode generation, Flexible payment options, promotions Management, Inventory Management, user management, Multiple store management, Multiple currency, TAX calculations In-Built GST functionality, Integrations and customized Report Management are the other important features you need to look at when it comes to expanding your business to the next level. So that it will be flexible to upgrade your Billing application.

Key feature that boost you sales,

Billing applications come with on-premise and cloud versions; based on your business demands you need to choose which versions are suitable. In a simpler way to understand the difference between on premise vs. cloud is that, the databases are created and data are stored in local systems is known as on On-Premise setup. Whereas on cloud the application database setups and data processing are done through cloud infrastructure.

POS Terminals setups are mostly preferable for retail Billing, Touch interface is more flexible to operate quickly at end user level but POS terminals will be little expensive. Desktop versions setups can also be used for alternatives.

Fast Billing - The application should support seamless billing operation, which boosts business.

Quick Add Products - Creating the products is an important process; Billing applications should be capable of efficient product adding at any instant.

Customized Bill Format- Based on customer needs, the Bill format to be designed, It is flexible to have In-Built multiple Bill formats to be generated while printing Bill and Invoice.

Sales Tracking - Day wise sales tracking, product wise tracking , category wise tracing will be useful for business Analytics to analyse the trend of the market and to adopt it or to create Business plans accordingly.

User Friendly Interface - The operator should perform hassle free billing operations, the User Interface and Functionality accessibility should be in such a way that without any assistance, the end user - operator should perform seamless operations.

Data Security - Security & Integrity is more important in any application, the application data should not be exploited. The application with End to end security or encryption security is most preferable.

Assistance - Most important factor of any application would be application support, It is required and Mandatory that Billing solution should provide assistance at any cases.

It is important to use application software for every business and the other important one is choosing the right application for your business demands.

What is a website & what are its types?

A website is a collection of web pages and related content that is identified by a common domain name and published on web server. A website is of two different types, Static Website & Dynamic Website. Based on user needs and business demands you can go with a static or dynamic website.

About Static Website:

Generally a static website is made up of HTML , CSS and JavaScript codes. HTML is a code used to create pages and make them functional, which is designed to be displayed in a web browser. The code used to make them visually appealing is known as CSS, a simple mechanism of adding styles like font, color, spacing to the web document. Whereas JS (javascript) makes HTMl pages more dynamic and interactive.

Combinations of these pre-built codes are deployed on the server under a particular domain. Users can request respective URLs to call the website from a browser; based on the request the static website is loaded.

Pros:

• Fast loading time and display webpage quickly
• More secure and less vulnerable.
• Setups are simple and easy to handle.
• Hosting and maintenance costs are moderate.
• Static websites are easy to develop as they contain few pages, mostly preferable for small business.

Cons:

• If any changes need to be made, require developer’s assistance.
• Less engaging than interactive sites, hence they require frequent updates.
• Time consuming if any changes to update on each page.

About Dynamic Website:

The websites which contain multiple web pages that are generated at the real time based on the user interaction with the system. These pages contain web scripting codes like PHP, JSP, ASP, Node and others. Dynamic websites are done with the combination of Client Side and the server side Scripting.

Client-Side scripting, involves code that is executed by the end user from the web browser, using scripting language like JS. This scripting is responsible for rendering changes to the webpage based on end user interaction.

Server-Side Scripting, the code that is executed by the server before sending to the end user’s browser. Based on these actions like login operation, payment gateway interaction, orders are placed, form submission and more. Dynamic pages on the other hand access information from the database. The websites that access information from the database are known as database driven websites.

These pages are designed with the webpage responsiveness, so that the end user can view on multiple modes of the system like mobile, Tab, desktop in different resolution modes. Personalised contents, social media integrations, dynamic visuals and animation can be interactively done at Dynamic websites.

Pros:

• Great Interactive with the user’s.
• Easy to manage using Content Management System
• Updating our business needs can be made easy and user friendly.

Cons:

• Less secure and more vulnerable.
• More complex to setup and deploy based on functionality.
• Maintenance is expensive
• Load time is slower.
  

Conclusion:

Static Websites as well as Dynamic websites have unique features; these websites are mostly used for business oriented purposes. Users can choose any type based on what their business Demands. For small businesses it is recommended to go with Static website to display their products or service to generate leads. For Online Business like e-commerce, sales and services kind of Business demands and prefers dynamic websites it is highly recommended.

Helsinki IST 2006| I take a few steps back in time.  

This year's (2006) edition of the most important European event in the field of Information Society Technologies coincides with the launch of the EU's Seventh Framework Programme for Research and Development.

IST 2006 included a high-level conference, an exhibition of cutting-edge research results from across Europe, and a program of networking sessions and workshops, with the exhibition and networking programs defined by participants.

The Conference Programme opened with the first day devoted to high-level policy discussions on what governments and public policy can do to help ICT contribute to an innovative Europe, with Days Two and Three being devoted to the Seventh Framework Programme and other topics surrounding European research and innovation.

About 200 years ago, when industry was revolutionized and new inventions and developments were made, it brought a drastic change in the economic and political world. People who owned the industries or who were wealthy started to become wealthier day by day whereas the workers and poor started getting poorer day by day. That was the time, when a new concept, Socialism was emerged and as the name itself suggests, it aimed at achieving equality for all of the society. This concept advocated the distribution of means of production among everyone and talked about an egalitarian society.

Definition- Socialism may be considered as a political philosophy which says that all people in a society share equal status and they shall be given equitable ownership of the means of production in the state. It is an ideology preferring shared ownership of resources over individual ownership and it believes in the collective development of society.

Types of Socialism- Socialism has been given dozens of names over the past few years, however only few of them remain to be remarkable-

• Utopian Socialism- This was the kind of Socialism that was presented before any other type of Socialism in front of the world. This type is based on a presumption that if the wealthiest agree to renounce their wealth to distribute among the poor, world will achieve the best version of Socialism. However, this is not practically possible to achieve, therefore it is coined as Utopian Socialism.
• Democratic Socialism- Democratic Socialism believes that the socialism must be achieved democratically. In simple words, it states that the means of production and economical resources should be managed by the government elected by people.
• Market socialism- This socialism advocates that the means of production must be managed by market forces instead of the government and their allocation must be done among the market itself.
• Revolutionary socialism- It says that Socialism can only be achieved after revolution. This socialism refuses to believe that equality can be achieved peacefully.
• Green Socialism- This kind of Socialism strives to protect green resources and advocates preservation of natural resources.

Advantages of Socialism- Socialism tends to benefit society in a very vast perspective. Major advantages are listed below-

1. A Society Free of Exploitation- When we talk about Socialism, we talk about distribution of resources among the society. The system of Socialism ensures that no one in the society is exploited and everyone gets a chance to speak in the economical matters. Everyone who has the portion of resources, benefits from it, therefore it helps in creating a welfare society.
2. Economic Growth- Socialism helps in rapid economic growth and economic stability in the country. The concept is to give collective growth to everyone in the society so that no one remains untouched of the wealth. Socialists divide the resources among everyone; it helps to bring stability in the economy.
3. Trustworthy- This kind of economical and political system is trustworthy because everyone participates in the decision making and it has a transparency. People tend to believe that they are getting equal say in the matters of importance and they feel motivated.

Disadvantages of Socialism- Every coin has two sides; similarly, Socialism also has some advantages with some disadvantages.

1. No Economic Freedom- The idea of Socialism depends upon a cooperative pooling of resources by many people. Now, the fact remains that people in a society feel competitiveness in respect to others; therefore, sometimes it is different for those people to show cooperativeness.
2. Lack of Recognition- When a society achieves something collectively, the credit goes to everyone collectively. The people, who contribute more than others are not given their due amount of recognition which somehow demotivates those people.
3. Lack of Authenticity- Socialism, as told before, distributes the resources among everyone. But sometimes, there are people who have negative intentions or there are people who are not so authentic in their functions, it strives lack of authenticity.

Socialism in India

In India, after Independence the makers of the constitution choose a socialist society model over the capitalist society model. Because India had recently gained independence from the capitalist colonialism. Also, India was extremely poverty ridden. Thus, for the welfare of the masses, the socialism was chosen.

The Constitution of India included the Directive Principles of State Policy to show the direction in which to governments to come had to work. It pointed towards the welfare socialism.

However, due to license raj and depleting forex reserves, the policy of socialism could not survive for long. And in 1991, the policy of Liberalisation Globalisation and Privatisation was adopted.

Since then, Indian government has adopted a mix of socialism and capitalism. For example, there are government hospitals but there are private hospitals as well. Both work in tandem.

Conclusion

Socialism came in response to the bad repercussions of the capitalism. However, in modern times, it is seen that countries that adopted socialism faced stagnation in economy some years later. Thus, there is no single remedy for the complex nature of the society. Instead, the governments should make use of every possible theory for the welfare of the masses, especially the poorest of poor.

For more details about subjects for competitive exams click here:

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About IBPS RRB Exam

The IBPS conducts Common Recruitment Process (CRP for RRBs - VIII) for eligible candidates, who aspires to join any of the Regional Rural Banks listed at (A) as Group “A”- Officers (Scale-I, II & III) and Group “B”- Office Assistant (Multipurpose). The posts covered under IBPS RRB Exam are given below:

• Officer Scale – I
• Banking Officer Scale – II
• Agriculture Officer (Grade - II)
• Law Officer (Grade - II)
• Chartered Accountant (Grade - II)
• Officer (Grade - III)
• IT Officer (Grade - II)

The exam of IBPS RRB is conducted every year to recruit candidates for various posts in Regional Rural Banks spread across the country.

Eligibility for IBPS RRB exam

A candidate must be either:

• A Citizen of India or
• A subject of Nepal or
• A subject of Bhutan or
• A Tibetan Refugee who came over to India before 1^st January 1962 with the intention of permanently settling in India or
• A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India,

Provided that a candidate belonging to categories 2, 3, 4 and 5 shall be a person n whose favour a certificate of eligibility has been issued by the Government of India.

IBPS RRB Exam Pattern

Under IBPS RRB Exam, for the posts of Officers Scale-I and Office Assistant (Multi-purpose) the Online Examination is held in two phases:

• Preliminary Examination
• Main Examination
• Interview (Only for Officers Scale-I)

For the post of Scale II (Generalist and Specialists) and Scale III,

• Single Online Examination
• Common Interview

The scheme of IBPS PO exam is: Preliminary Examination and Main Examination

Important things to Remember

• Candidates can opt either 4a or 4b.
• There is penalty of one fourth of marks assigned to that question for every wrong answer marked.
• The score obtained by candidates will be normalized.
• For the post of Office Assistant (Multipurpose) marks obtained in the Main Examination will be considered for the final merit listing.
• For the post of Officers Scale-I marks obtained in the Main Examination will be considered for Interview & final merit listing.
• Total marks for Interview: 100
• The relative weightage (ratio) of Online Examination and Interview will be 80:20 respectively for the Officers cadre.

Syllabus for the IBPS RRB Exam

Quantitative Aptitude for IBPS RRB Exam

• Simplification
• Average
• Ratio and Percentage
• Mixture & Alligation
• Profit & Loss
• Simple and Compound Interest
• Partnership
• Mensuration
• Geometry
• Number System
• Quadratic Equations
• Permutation & Combination
• Probability

General Awareness for IBPS RRB Exam

• Current Events
• Indian Economy
• Banking Awareness
• Financial Awareness
• RBI
• Books & Authors
• Sports
• Agriculture
• History of Banking
• Awards and Honours
• Indian History
• Indian Culture
• Indian Geography

Reasoning Aptitude for IBPS RRB Exam

• Verbal and Non- Verbal Reasoning
• Syllogism
• Seating Arrangement
• Directions
• Ordering and Ranking
• Data Sufficiency
• Blood Relations

Computer Aptitude for IBPS RRB Exam

• Internet
• Memory
• Keyboard Shortcuts
• Computer Abbreviation
• Microsoft Office
• Computer Hardware
• Operating System
• Computer Terminologies

English Language for IBPS RRB Exam

• Reading Comprehension
• Vocabulary
• Verbal Awareness
• Cloze test
• Error Correction

Hindi Language for IBPS RRB Exam

• Grammar
• Spelling Checks
• Fill in the Blanks
• Reading Comprehension

Remember that you would clear a government exam only when you know everything related to its syllabus pattern and requirements and no coaching institute can help you in that. You don’t need to join a coaching institute for the preparation, but you must definitely take a test series or mock series so that you are in charge of your preparation. And you will be able to know that whether you need to improve in any subject or are you going well. There are many free online learning sites that provide good quality questions to solve.

Connect with Unoreads which is one of the top destinations for Online Learning Platforms where we envision empowering young and inquisitive minds to choose the right path for them by learning from our experience created and conducted by the experts of the industry.