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Yash Dave (Querist)
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22 October 2012 some time i get confused or do not understand how to do accounting entry then i have to ask my senior about how to the entry for a specifc accounting entry problem specially at audit time and it is time consuming is there any solutuon for it please explian

Amol S Joglekar

Amol S Joglekar (Expert)
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22 October 2012 Nothing wrong in asking a SENIOR at the time of confusion. The same entry should not be asked time and again... say next year audit. There are many entries in foreign exchange fluctuations, deferred tax... which are really time consuming and even to be asked again and again..... even after a service of say 10 years or so.

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