Dear memebers i have one query regarding as-11
SUPPOSE A COMPANY HAVING EEFC ACCOUNT...
IT HAVE ENTERED INTO A TRANSACTION WITH FOREIGN COMPANY AND THERE IS LIABILITY OF 100$ AT RATE OF 1$=RS.45 ON DATE 09/02/2010..
ON THE SAME DAY IT HAS CLEARED THE DEBT ON THE SAME DAY..THEN AT WHAT RATE the transaction is to be identified..is there any effect for eefc account

Dear Sir,

I am working in as an accounts executive in a software company. Actually I need to know that how We make a projected P/L as well Balance Sheet. Kindly give me some guideline regarding financial so that I may do the same. I will be grateful to you.

Thanks & Regards,
Raghav Jha

Point No 1:Can we lock past tally entries say 01.04.2009 to 31.01.2010?

What I mean these 10 months accounting should not get modified in any case?

Like back dated entries can't be modified.

Please help.

Point No:2 Tally help menu is not appearing in Tally gold multiuser

If a company is involved in designing work then computers become the asset on which the designing is done. So should it be shown under computer A/c or it should be shown as Plant & Machinery ?

Further the design software used is more expensive than the computer itself. So how do we account for the same? Do we treat it as part of computer or do we show it as software only?

Further the software has a subscription period of 1 year after which it may have to be subscribed again. How to account for the same?

how to analised operating,investing and financing activities after making cash flow statement.

dear sir i want to know about deffered revenue expenditure, and treatment thereof.

Dear Sir
How Can I get best marks in Accounts & Costing ?
i have given my two attempt already and could not manage to pass one of the group.
next attempt is May.2010? i m totally out my way.plz suggest me.

In case of purchase of any plant & machinery and as per terms & conditions, vendor is to provide us technical know-how to operate the plant like training to staff/workers for operating the plant etc.

Can u tell me the treatment of Payment of Know How fee as per:

(a) Indian Accounting Standards
(b) IFRS
(c) Income Tax Act

Like: Capitalization / Account for as Intangible Assets/Write off in particular period of time.

Regards

Sir,
What is difference between Fund,Reserve,Provision?
please give examples
thanking you

Sir,
we have sold goods and raised invoice
and later we have received a bill from the debtor insted of cheque.it is presented into bank.
how to account for the VAT.
i.e on full amount of bill or after deducting bank charges.
please give me the accounting entry
thanking you