i have client, who remits sum to their parties abroad.

the invoice inr value and whatever payment tht has been made differs to rate difference on 2 different dates.

in this case, what shud i do. shud i book the extra payment under other ledger (foreign exchng diff)

or shud i book it as entire purchase and dont get into bifurcation?? pls advice.

i m confused

Dear Experts I am maintaining accounts in Tally 9 software & I entered all transactions for the month but it is showing difference in opening balances at Profit & loss a/c site in Balance sheet.please tell me how I can remove this.means how can solve this problem.sir one of my friend was telling me that I should make entries for both side then it will tally but I didn't understand means what kind of entries I should pass.please given me example.

I HAVE A BANK A/C HAVING AUTO SWEEP FACILITY .

TELL ME HOW TO PASS ENTRIES FOR INTEREST, RVERSE SWEEP AND CLOSURE PROCEEDS IN TALLY.

THANK YOU

I want to know what is the accounting treatment for unreconcillied vouchers in bank accounts in the next F.Y also wants to know on which balance will take for bank accounts next F.y

Dear Experts I am maintaining accounts in Tally 9 software & I entered all transactions for the month but it is showing difference in opening balances at Profit & loss a/c site in Balance sheet.please tell me how I can remove this.

While making export of goods..
there is a difference in USD rate at the time of billing and at the time of realisaiton.

Pl. advise how to make entry and adjust the difference...

Also comment on how to make entry in tally

Dear Sir/Mam,


Kindly inform me about the journal entry of the following :-

Q. Once A Businessman was going with his hors-cart to bring some goods for his day-to-day transaction of his business. In the way, the Horse died, so he decided to sell his cart & finally sold it for Rs. 5000/-


(Original cost price of Horse is Rs. 8000/- & of Cart is Rs. 7000/-)

Kindly give the journal entry.

Thanking you,

please tell me.....is there any difference between revenue EXPENSE and revenue EXPENDITURE...also
since both fixed assets and expenditure give long term benefits then whats the difference??
are capital expenditure done only to aquire assets??
and do all expense/ expenditure done to aquire assets are capital expenditure..please reply...totaly confused

Please suggest what treatement should be taken when there is huge balance lying in unpaid salary & wages incluing bouns etc. since 2001-2002 to 2010-2011

is there it is required to pay said amt in any Govt. Cont. if yes please also mention time period also

Pls tell me what r the entries for machinery sale? I have not maintain provision for dep a/c.
Origianl Cost 1589563
Loss on sale 505298
Received from party 200000
Balance amout 884265 CA showed in Schedule D in Adjustment for sale column.
I don't understand where to adjust