what is Roles of Accountant in Manufacturing company

Can a company treat sales in its books although he has not raised any invoice yet to the customer but the goods has been delivered and advance payment is recd.

In other way goods delivered but not invoiced can be treated as sales ?

Please support your answer with relevant sections

pl. let me know if Recruitment agency provided service on 15th jan 2012 & his fees is due only after 3 month ie.15th April 2012.

Then entry should be passed in March 2012 of it can be taken on 1 st april 2012

company some export business and customer did not pay the total due money. so in how many years we can write off that loss in p&l a/c. how many years are allowed to write off that loss?

Respected Experts,
Can anyone provide me the format of BRS if we take Bank staement (Dr.Balance) as the base.

very urgent sir, hope there are many experts who can answer this.

If anyone can give me the format as available in the Padhuka's publication will be fine for me.
Thanks & Regards,
Rajesh.

Dear Experts

We are a software development company. I want to know what is the accounting treatment for expenses relating to software development.We are developing the software now and it will take sometime for the software to come to market. As the financial year is closing i have to classify the expenses in the financial statements. After the software is developed we will be selling licenses to various customers and customise it according to the requirements of the clients.

Respected Members

The Company was incorporated on july 2010 on the basis of 100% FDI. The FDI was received on august 2011. Now kindly advice how the Balance Sheet for the financial year ending 31st March 2011 will be prepared as the capital was not received at that time and there was only 12000Rs Expenditure incurred in it.

Hi,

Please help me out to know that is it mandatory a Fixed Assets Register for any hotel & hospitality sector. If, yes than give me references of the same Act.

Regards,

Premanshu Dwivedi

‘XYZ’ Ltd. has a revenue of Rs 6,00,000 and it has to provide for depreciation @
10% on straight line basis. It has cash expenses of Rs 1, 20,000. The taxes are @
50% . Show the net earnings on accounting approach basis and cash flow basis.
any body can solved it?????????????????????

X ltd (in INDIA) places an CIF (cost insurance freight) order to import from Y Ltd (In DUBAI) on jan 1 2012.

y Ltd ships the goods and the said container reaches INDIA on 17 jan 2012.

Bill of Entry is prepared by CBEC as on 17 jan 2012.

BUT THE GOODS ARE TAKEN BY X LTD ON 15 FEB 2012.

Query is : When should X ltd book the Purchase...?