INVOICE DATE IS 31-03-2011
PURCHASE DATE 02-04-2011
DELIVERY CHALLAN DATE 03-04-2011

THE GOODS WE ARE SELLING IS NOT AVAILABLE IN THE YEAR END AND IT IS ISSUED TO CUSTOMER WHEN IT IS PURCHASED IN THE NEXT YEAR I.E. 02-04-2011, SO THE QUESTION IS IN CASE OF SALES ENTRY IN FOCUS ACCOUNTING PACKAGE SHOULD I CHANGE THE PURCHASE ENTRY DATE ASPER INVOICE BECAUSE IF WE DO NOT CHANGE IT THEN WE CAN NOT MAKE SALE ENTRY OR IS THERE ANY OTHER WAY


WAITING FOR EARLIEST REPLY

1.sell goods @ cost plus 40% total sales were RS 21000 cost price of goods will be?

2.1.why co's create CRR ?

sir,
please tell me if a manufacturing co done job work will it include in its turnover or not. ( part of turnover or not ) explain.

Thanks & Regd

Mukesh

Dear Experts,

My company is a engineering consulting co. and have some hired Engg professioals apart from Engg professional on the company rolls.The distinction is mainly from Income Tax purpose. The hired professonals are paid professional fee which is subjected to 10% TDS. The professional on the rolls of the co. are paid salary and TDS is calculated as per applicable TDS rules relevant to salary.Recently, our company declared Diwali bonus (not part of CTC)and as such the expense is booked under Bonus ex-gratia head so far as the payment to employees were concerned.How, the payment made on account of Diwali Bonus to hired professional should be treated in book of accounts:
a)As Diwali Bonus Exgratia & TDS of 10% to be deducted?
b)As a professional fee and 10% TDS to be deducted?

Hi..

Can anybody guide me to make forecasted cash flow stmt in detail (if possible with notes)to workout business position for survival.

Please revert asap

Thanks,
Prashant

Dear sir,
we are manufacturer & excise register dealer. we made export excise-able goods to foreign. this export is first time for us. should we show export sales in excise return? therefore, how to show in excise return? we are filling monthly ER1 excise return? please advise us above issue? immediately because, we have to file excise return

if the new co(amalgamated co) declares dividend immediately before amalgamation,then is it correct to assume that such dividend would have been paid before the formal proceedings of amalgamation takes place?in case it is true then can i put the deficit cash balance in bank overdraft while calculating intrinsic value?

X ltd has taken a loan from SBI ,its bankers PNB given guarantee to SBI on its behalf . X ltd mortgaged its assets to PNB .x ltd has disclosed this loan in its balance sheet as unsecured loan on the ground that no security has been given to the lender SBI bank. Is the disclosure sufficient??
(FROM ICAI STUDY MATERIAL)

INCASE I AM MANAGING COMPANY ACCOUNTS AND MY COMPANY TAKES A LOAN OF Rs. 500000 AND FROM WHICH WE RECEIVE Rs. 100000 SUBSIDY WHAT SHOULD BE ACCOUNTING ENTRY TELL ME IN DETAIL WITH GROUPING INFORMATION

deposit with RBI ... whr will it appear ??