{"id":10814,"date":"2023-04-24T10:01:12","date_gmt":"2023-04-24T04:31:12","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=10814"},"modified":"2025-03-04T19:28:10","modified_gmt":"2025-03-04T13:58:10","slug":"financial-accounting","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/","title":{"rendered":"Financial Accounting: Meaning, Working &#038; Principles"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d9ccdd841c9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d9ccdd841c9\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#What_is_Financial_Accounting\" >What is Financial Accounting\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#_How_Financial_Accounting_Works\" >\u00a0How Financial Accounting Works\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#Balance_Sheet\" >Balance Sheet<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#Cash_Flow_Statement\" >Cash Flow Statement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#Principles_of_Financial_Accounting\" >Principles of Financial Accounting\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#Double_Entry_Principle\" >Double Entry Principle\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#Accrual_or_Cash_Principle\" >Accrual or Cash Principle<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#Matching_Principle\" >Matching Principle\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#Benefits_of_Financial_Accounting\" >Benefits of Financial Accounting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#FAQs\" >FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#What_is_financial_accounting\" >What is financial accounting?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#Who_needs_financial_accounting\" >Who needs financial accounting?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#What_are_the_three_main_financial_statements\" >What are the three main financial statements?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-accounting\/#What_is_the_accrual_principle_of_financial_accounting\" >What is the accrual principle of financial accounting?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Financial_Accounting\"><\/span><b>What is Financial Accounting\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Financial Accounting is the process of preparing a business\u2019s financial statements \u2013 a comprehensive record of all the business\u2019s transactions over a period of time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These statements give insight into the financial performance of a business and help business owners and stakeholders identify pain points and work toward improvement.\u00a0<\/span><\/p>\n<p>Financial statements include the income statement, balance sheet, cash flow statement and more. Financial accounting is used by companies, governments and NGOs &#8211; any organization that requires money to run operations will need a financial accounting structure in place to analyze the flow of money in and out.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"_How_Financial_Accounting_Works\"><\/span><b>\u00a0How Financial Accounting Works\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The process of financial accounting begins with recording every single financial transaction made by the company. These transactions are recorded in the form of journal entries. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">These entries are then posted to the appropriate accounts in the general ledger, which is a record of all the financial transactions of the organization. From the ledger, it is then transferred to the main three financial statements which are analyzed by financial accountants and other stakeholders:<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Income Statement<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Income Statement is also called the Profit and Loss Statement, or Statement of Operations. It lists each and every income and expense of the business. This gives deep insight into how much money is being earned and spent from every single transaction the business engages in.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This statement gives insight into the incomes and expenditures of the business. This financial statement will, in the end, give a net profit or net loss. <\/span><span style=\"font-weight: 400;\">This net profit or loss is generated by deducting total expenses from the total income of the business.\u00a0<\/span><\/p>\n<p><b>Read more: <\/b><a href=\"https:\/\/razorpay.com\/blog\/business-banking\/income-statement\/\"><b>Income Statement Explained<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The net profit\/loss is determined by:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Revenue <\/span><span style=\"font-weight: 400;\">+ Other income<\/span><\/p>\n<p><b>= Total Revenue<\/b><\/p>\n<p><b> <\/b><span style=\"font-weight: 400;\">\u2013 Cost of Goods Sold (COGS) <\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 Selling, General &amp; Administrative Expenses<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 Depreciation &amp; Amortization<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 Interest &amp; Taxes<\/span><\/p>\n<p><b>= Profit\/Loss<\/b><\/p>\n<p><span style=\"font-weight: 400;\">For a lossmaking business, the profit and loss account is the most important of all statements, since it gives important insight into how the business can improve its operations and reduce expenses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, the owner of a Bakery wants to know why her business made a loss this quarter \u2013 to do this, she takes a look at her business\u2019s Income Statement and realizes that her cost of production is too high (COGS).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means that even though the bakery brought in good revenue in the quarter, the cost of making the bread and cookies that the Bakery sold was too high. This could include the electricity bill, the cost of raw materials like flour and sugar, the cost of labor, and others.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By cutting down on these costs \u2013 maybe by switching to the most cost-efficient ovens, or cheaper alternatives for flour, the Bakery will be a profit-making business once again!\u00a0<\/span><b><\/b><\/p>\n<ul>\n<li aria-level=\"1\">\n<h2><span class=\"ez-toc-section\" id=\"Balance_Sheet\"><\/span><b>Balance Sheet<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Balance Sheet shows the business\u2019s financial position, in terms of how many assets and <a href=\"https:\/\/razorpay.com\/learn\/what-is-liability-in-accounting\/\">liabilities<\/a> it holds.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Assets include any property that is owned by the business and adds value \u2013 these could be the building that the business operates in, the machines that help the business, or even trademarks and patents that the business owns.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Liabilities indicate the responsibility of the business to pay back a debt to third-party creditors. These could be loans, accounts payable, and more.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Balance Sheet also shows the Owner\u2019s Equity in the business &#8211; the amount of money invested into the business as a capital contribution. Depending on the kind of business (sole proprietorship, partnership, registered company) the Owner\u2019s Equity is different.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Balance Sheet, as the name suggests, will balance at the end. The formula used is:\u00a0<\/span><\/p>\n<p style=\"text-align: center;\"><b>Assets = Liabilities + Equity\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The logic behind this formula is the \u201cdouble entry principle\u201d. This principle is the foundation of modern financial accounting.\u00a0<\/span><\/p>\n<p><b>Read more: <\/b><a href=\"https:\/\/razorpay.com\/blog\/business-banking\/double-entry-system\/\"><b>Double Entry System of Accounting<\/b><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><b><\/b><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cash_Flow_Statement\"><\/span><b>Cash Flow Statement<\/b><b><\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The cash flow statement shows the cash position of the business at the end of the financial period. By deducting expenses and adding income from the opening cash balance, we can see how much cash the business is left with at the end of the reporting period.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is an important metric because it tells us the cash burn of the business, and shows pain points that can be improved.\u00a0<\/span><\/p>\n<p><b>Read more: <\/b><a href=\"https:\/\/razorpay.com\/blog\/business-banking\/cash-flow-statement\/\"><b>Cash Flow Statement<\/b><\/a><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/?r=blog_cta_business_banking_financial_accounting&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Explore RazorpayX<\/a><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Principles_of_Financial_Accounting\"><\/span><b>Principles of Financial Accounting\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Modern financial accounting follows certain principles. It is important to know these concepts to better understand <\/span><i><span style=\"font-weight: 400;\">why <\/span><\/i><span style=\"font-weight: 400;\">financial statements are structured and prepared the way that they are.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Double_Entry_Principle\"><\/span><span style=\"font-weight: 400;\">Double Entry Principle\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This principle says that there are two sides to every transaction and that both sides must be recorded in the financial statements of the business.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, the purchase of flour has two aspects: deduction of cash, and the addition of flour.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Making sure that both sides are recorded ensures mathematical accuracy.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Accrual_or_Cash_Principle\"><\/span><span style=\"font-weight: 400;\">Accrual or Cash Principle<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This principle states that even if actual cash is not exchanged, the transaction must be recorded. For example, lets say Razor Bakery purchases flour from its supplier on credit, with the promise to pay for the flour at the end of the month.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even though the flour has not yet been paid for, the transaction will be recorded and included as a part of the financial statements.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once the actual cash payment is made, another entry will be made.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The alternative to this method is called the \u201ccash method\u201d, where transactions are only recorded when cash is exchanged.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The cash method is used by smaller businesses since their financial statements are not as widely analyzed or read as bigger companies.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Matching_Principle\"><\/span><span style=\"font-weight: 400;\">Matching Principle\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This principle states that revenues and expenses should be recorded in the same accounting period in which they were earned or made.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if Razor Bakery earned Rs 5000 from one day of sales in November of 2022, that revenue should be included in the fourth quarter of 2022 financial statements, and not in the first quarter of 2023 or any other period.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Basically, this principle ensures that the revenue and cost of generating that revenue match.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Benefits_of_Financial_Accounting\"><\/span><b>Benefits of Financial Accounting<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Financial Accounting is the single most important indicator of a business\u2019s health. This is important to all stakeholders of the business:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business founders<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investors<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Auditors<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Regulatory Agencies<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Suppliers<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Banks<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Customers<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">All these stakeholders look to a business\u2019s financial accounts to determine if the business is doing well or not.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Only public companies are required to disclose their financial statements to the public, but even for private companies, maintaining a good track record of profit is very important.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At RazorpayX, we understand the importance of financial management and offer a wide range of financial solutions to help businesses streamline their financial operations.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Easy credit: Guaranteed collateral free Credit Cards<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Powerful automation: Taxes, Vendor Payments, Payroll and more.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Smart Dashboard: Manage inflows and outflows seamlessly<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Forex Services and more<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Integrated access: Access via desktop, mobile or your smartwatch.<\/span><\/li>\n<\/ul>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/?r=blog_cta_business_banking_financial_accounting&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Explore RazorpayX<\/a><\/div>\n<div><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div><div id=\"rank-math-rich-snippet-wrapper\"><div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-1\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_is_financial_accounting\"><\/span>What is financial accounting?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Financial Accounting is the process of preparing a business\u2019s financial statements \u2013 a comprehensive record of all the business\u2019s transactions over a period of time. These statements give insight into the health of a business and help business owners and stakeholders identity pain points and work towards improvement. <\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-2\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Who_needs_financial_accounting\"><\/span>Who needs financial accounting?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Financial Accounting is the single most important indicator of a business\u2019s health. This is important to all stakeholders of the business:<\/p>\n<p>Business founders<br \/>\nInvestors<br \/>\nAuditors<br \/>\nRegulatory Agencies<br \/>\nSuppliers<br \/>\nBanks<br \/>\nCustomers<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-3\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_are_the_three_main_financial_statements\"><\/span>What are the three main financial statements?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The income statement, balance sheet and cash flow statement are the three main financial statements. Each one provides insight into a different dimension of financial health for a business. <\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-4\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_is_the_accrual_principle_of_financial_accounting\"><\/span>What is the accrual principle of financial accounting?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>This principle states that even if actual cash is not exchanged, the transaction must be recorded. For example, lets say Razor Bakery purchases flour from its supplier on credit, with the promise to pay for the flour at the end of the month. Even though the flour has not yet been paid for, the transaction will be recorded and included as a part of the financial statements. <\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Financial Accounting\u00a0 Financial Accounting is the process of preparing a business\u2019s financial statements \u2013 a comprehensive record of all the business\u2019s transactions over a period of time.\u00a0 These statements give insight into the financial performance of a business and help business owners and stakeholders identify pain points and work toward improvement.\u00a0 Financial statements<\/p>\n","protected":false},"author":106,"featured_media":10883,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[27],"tags":[367,404],"class_list":{"0":"post-10814","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-banking","8":"tag-accounting-for-founders","9":"tag-financial-accounting"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/10814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=10814"}],"version-history":[{"count":1,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/10814\/revisions"}],"predecessor-version":[{"id":21136,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/10814\/revisions\/21136"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/10883"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=10814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=10814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=10814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}