INVENTORY

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Empanelment for preparation of manual on financial management of AIIMS


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Posting of spares inventory which is showed as consumed but subsequently refurbished and put to use


Are there any specific guidelines to post spares inventory which is consumed as it aids in production process but subsequently physically the spares is intact and can be put to use after refurbishment even if the useful life of said spares material is over

Inventory valuation in case of branch transfers


A Ltd is into wholesale business It has branches in Bangalore and Mumbai Majority of its sales are in Mumbai It imports goods in Mumbai rate of Rs 500 each It sells the same in Bangalore The cost of transport from Mumbai to Bangalore is Rs 2 per article The net realisable value is Rs 520 per article

Inventory ageing


we doing audit of garments company please provide what is the procedure for inventory ageing in tally and how to find out non movable items and give me what are the points to be considered in inventory ageing

How to maintain branch inventory in ho books of accounts


Dear Sir Am working in a garments industry we have own outlets as well as we have consignment agents and franchisee too now am maintaining books of account in tally ERP and our accounting entries with inventory for consignment stock transfers My senior asking me to show stock lying inventory at agen

Suggestions req. for good inventory management software


Hello Frnds 1 of my client requires inventory Management Software Suggest me which is the best software for Inventory Management for trading concern

Discussion

Inventory accounting

If at at the time of physical verification any difference is found in inventory what entries do we pass to correct the same

Inventory valuation in case of branch transfers

A Ltd is into wholesale business It has branches in Bangalore and Mumbai It imports goods in Mumbai rate of Rs 500 each It sells the same in Bangalore The cost of transport from Mumbai to Bangalore is Rs 2 per article The net realisable value is Rs 520 per article Should the inventory be valued at R

Tax effect on transfer of inventory to sec 8 company

Is there any tax benefit on transfer of inventory being land of a real estate company to sec 8 company Rea

How to add ids stock quantity and value in the books of tally under accounting and inventory

How Can I show the IDS stock quantity and value is books of tally erp if we maintained the accounting with inventory How to pass stock journal entries or respective entries Please clarify my Query

Classification of inventory

Hi As on end of the Fianancial year a property developer has completed inventories of residential units which it expects to sell in 3 years Historically similar residential units have been sold in 3 years Please help me in this regard about how itneeds to be classified in the books i e Either Non cu

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Analysis on inventory turnover ratio & holding level


adsbygoogle window adsbygoogle push MANU CONVERSATION BETWEEN MANU AND VINU ABOUT INVENTORY TURNOVER RATIO HOLDING LEVEL VINU Manu Hi Vinu Vinu Manu I am desperately waiting for you Manu Why Whats the matter Vinu My Boss and his brother started business at same time Manu Yes I Know Vinu They are in


Material Procurement - Inventory levels & EOQ


Material Procurement Inventory Levels EOQ An important function of Stores is to requisition materials for replenishment The following tools help Stores to maintain required inventory and to guide on reorder quantity Let us discuss each of the above in detail Maximum Level a It is the upper limit bey


Provision for Inventory


Write down and do not write off Inventory Review of the Rule 3 5B of Cenvat Credit Rules 2004 Change of models customer requirements change of processes poor inventory management can increase a businesss obsolete inventory levels In such cases the best accounting practices suggest writing off provis


Inventory Valuations and Board of Director's Responsibility


INVENTORY VALUATIONS AND BOARD OF DIRECTORS RESPONSIBILITY 2011 12 ONWARD UNDER NEW COST ACCOUNTING RECORD RULES 2011 Inventory valuation is one of the most important task in the accounts finalization process The difference in inventory valuation methods may sometimes lead to the distortions in the


Inventory write downs vis-a-vis Rule 3 (5b) of CCR


Inventories are measured at the lower of cost or net realizable value NRV If the NRV falls below the recognized costs pf an inventory item the respective inventory items must be measured Inventory write downs should reflect the estimated loss in value NRV values are not constant and may change The m


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Updated on : 3/20/2017 7:37:08 PM


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