How to make any party sales reco or purchase reco.please reply.

I have started a proprietorship business and am paying an individual for freelance services on an hourly basis.

My concern is:

Should I issue her an Bill with my business logo and address, including my proprietor details, but mark it as "Bill Received From - [Her Name]" instead of "Bill To"? Is this valid?

Alternatively, how should I manage the documents for her payments?

Should I provide her with a payslip? If yes, how can I include hourly details in the payslip since she works on an hourly basis?
Please advise on the proper documentation process in this scenario.

company balance sheet shows surplus ( negative balance) on the asset side of the balance sheet. How it should be treated while preparing liquidator's statement?

Dear All
Is it possible to capitalize an advance (Incl GST) amount with out RA bill in case of construction contract ?

What is bank Gurantee and how to make its journal entry.

what will be the adjustment of Custom Duty Paid against import of fixed Assets or Recenue nature expenses.

Can NRI be the second account holder of a joint resident savings account where the primary account holder is a resident? If so, are there any limits on the number of such accounts?

Dear friends,

We are a domestic Pvt Ltd company engaged in Manufacturing. We already have a (wholly owned subsidiary) domestic Pvt Ltd company. We are going to set up a new (wholly owned subsidiary) company in Dubai for manufacturing similar product, as produced in India. During next year the same will be operational.

I seek your valuable opinions on preparation of FS for FY 25-26 / applicability of Ind AS. Whether: -
1. Ind AS will be applicable.
2. It will be applicable on single or Group companies.
3. Do we have to prepare 2 sets of FS (one as per AS & other as per Ind AS)?

Thanks in advance.

We paid a party Rs 2,80,000
How to Write Off in Tally? What will be the Impact of Income Tax?

Bank Account Dr.1,09,094
To Accrued interest 8642
To Interest Income 452
To FDR 1,00,000
Here what is meaning of Accrued interest