Bank C.C.Account Interest
This query is : Resolved
13 May 2011
Dear All Experts
please give me valuable solution.
My boss want by me the calculation of Cash Credit Bank A/c Interest Calculation Day to Day how much he paid to Bank.In bank statement its show at the end of month,but my boss want day to day detail of interest,any solution in excel and tally format.
Warm Regards
Arshad
please give me valuable solution.
My boss want by me the calculation of Cash Credit Bank A/c Interest Calculation Day to Day how much he paid to Bank.In bank statement its show at the end of month,but my boss want day to day detail of interest,any solution in excel and tally format.
Warm Regards
Arshad
RAHUL SARIA (CA, CS)
(Expert)
14 May 2011
Interest on CC account are charged on daily closing balance by the banks. So u just need to apply the ROI applicable on the closing balance. Make a report in Excel and at the end of the day. just put the closing balance in the sheet from your online banking statement.
Message likes :
1 times
17 May 2011
Daily closing balance x rate of interest / 36500
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- TDS Return Statement Status
- Capital gain on commercial property and investment in residential property
- RCM and same line
- Appointment of Auditor By Form ADT-1
- Rent agreement of House of deceased person
- Closer of business and itc of capital goods
- Import of Capital Machine
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
