plz suggest best way to learn IFRS

whether any coaching will help?

I want to know the entries in Tally. How to create the Ledger in Tally.

When we give advance, payment for salary. How to create in Tally and posting of a Journal.

And How to pass for every person. If we go to ledger, I will enter the person name only.
Salary, advance, travel advance, travel expense, travel reimbursement,PF, ESIC, PT, TDS everything has to come in the ledger. when we enter a person name.
Could you plz give me a answer.

We have purchased a capital goods from USA.
for i.e
Advance Made as on 1st December 2010
Receipt of Goods on port 20th February 2011
Clearance of Goods fro port 25th February 2011.
Invoice Date 1st January 2011
Invoice accounted on 31st March 2011.

Query :-
Which rate of exchange should i consider for capitalization of assets.
i.e. as on 1st December 2010 or 20th February 2011 or 25th February 2011 or 1st January 2011 or 31st March 2011.

How to give the accounting treatment of whole transaction??

Can anyone clarify the following inter company transaction:

Suppose if I want to allocate salary & other cost between 2 companies, which account should i debit/Credit with regard to expenditure part.

If I debit/Credit salary account, then PF ,ESI Contribition does not match in the P & L account. Same is the case with TDS related accounts. I would have paid TDS from one company and later on when I allocate and transfer the expenses to other company then the TDS on Gross amount in P & L does not match.

OR, is there any other head under which such inter company expenses can be absorbed.

Hi,
In a Superannuation Trust, where every month contribution is made which directly is deposited in Bank

What will be the entry if contribution for the month of March 2009 has came in Bank in April 2009 and also the cheque was isuued on a date in April.

Can an entry be passed showing provoision for month of March on Accrual Basis or not?

Pls answer

ANY ONE CAN EXPLAIN ABOUT THE GOODS TRANSPORT AGENCY

what is the difference between capital fund and General Fund ?

while doing tally,it is seen that the figure of drawings is being carried forward in the next accounting yr. what closing entries should i pass in order to close the drawings account in the same yr. plz help!!!!!!!

help me to solve the given problem
Service Means providing Yoga treatment
Q. B Ltd take over the chain or Network business of A which is a trust are managed by the directors of B Ltd . Terms are ,
B Ltd agreed to take over the entire network of the business that has been made by the trust , by providing the service to the members of that chain or give a right to convert the benefit into contribution towards share capital of a tune of 50% of the amount paid by them. how it will be accounted according to GAAps and ACS ?

Dear Experts,
Our firm executes works contracts of various government organizations. Now my doubt is can we show the Receipts from them as Mobilization advances granted before actual commencement of work if it so what is the treatment for that.
Thanks in advance