Please Suggest me :

Our Director/Manager Stay at Local Hotel for 2 days and taken Snacks,Dinner etc and taken a bill in self name....

what entry we have to pass in our books ...

Dear Sirs,
This is regarding a sector specific SEZ wherein the registered company is both the Developer and the Unit. There are no other units within the SEZ.

The questions are:
A) Is the company required to maintain separate books for the Developer and the Unit,
B) What are the reporting requirements for the Unit & Developer and
C) Whether the Unit & Developer each require a separate Trial Balance.

Thanking you,

Best regards,

Pramod
e-mail: pk_rath@rediffmail.com

Under which head

Unpaid Exp like Telephone Exp, Electricity Exp, Legal Fees, Prof Fees, Transportation Ex p etc. should be classified in revised schedule VI.

Whether it is classified under 'Trade Payable as Creditors for Expense' or under 'Other CUrrent Liabilities'

How to treat credit card receipt and payment entry in tally 9 erp

under which accounts head we have to pass the entry

and how to pass these entry

regards,

Kiran

dear experts,
our transporter had short supplied of goods to our consignee around rs.35000/-. & we have already paid the freight amount(last f.y 2011-12) to our transporter now, the same amount is recoverable from the transporter for short supplied of goods.
now what entry should be passed in this f.y(2012-13),
shall we go with the transporter debit & credit the freight outwards a/c,
if anything else , pls suggest
thanks in advance
Nitin

there is one purchase of feb 2012 month , but by mistake we did not entered in our books. sales return has been alreedy submitted of fourth quarter(excluding above bill), can i entered such purchase now in the month of may 2012

Dear Experts,

We have encountered problem in payment of PF arrears online, the scenario is
1. Emp. joined on 23rd April and has not been Hired in the system(SAP.
2. The hiring has been done in May'12 and processed along with arrears, the PF ded.has been done accordingly.
The problem here is while remitting PF online there is no option for arrear payment
Request you to suggest on How to remit the arrears PF payment online?
Regards,

VSKumar

we have made sale of a machine in INR, but receipt is in foreign currency EURO. So, whether Forex would be affected? If yes, at what rate Forex Gain / Loss should be recorded?

XYZ CO had paid MAT in the previous year.. the company forget to record the mat credit entiltlement in the previous year.

The MAT Laibility arrise in the previous say 1 lacs out of whih company paid as advance tax 0.5 lacs and balance 0.5 lacs by way of self assessment tax

In the previous the company tax liablity as per Income tax law is zero

So my question can company record the MAT CREDIT entitlement in the current year of Rs 1 lacs by passing of Journal entries

MAT credit A/c Dr 1.00 lacs
TO Advance Tax 0.5lacs
To Self Ass.Tax 0.5lacs

is the above entries passesed is correct or there are any other way to record???
pl reply....

How is discount rate determined by the company? Do they take RBI specified borrowing rate or the bank's rate where they transact.