What is average rate under AS 11? In case of huge fluctuations in exchange rates during a particular month or months can we adopt daily rates for average rate ? Can a company adopt daily rates for non-voluminous transactions and average rate for voluminous transactions during a period where there was huge fluctuation in exchange rates (it was not realised while booking the entry, it was realised while closing the books)?

What is average rate under AS 11? In case of huge fluctuations in exchange rate during a month can we adopt daily rates ?
Whether it is correct to adopt daily rates for transactions which are not voluminous and adopt custom rate to transactions which are voluminous (in case of huge fluctuation during that particular month) as per AS 11 ? If yes how to disclose in notes on accounts?

What Is Provision ?
In Which Condition we Should Create the provision

I am working in Export house. I want to know that if we books export bill in April 2008 and payment received in May 2009 then where the applicable Exchange rate difference in F.Y. 2008-09 or 2009-10.

may i know Why Closing Stock Not shown in Trial Balance? moreover i want to know is any ledger maintenance reqd to ascertain c.s ?

Our Company have three mfg units.Can revaluation of F/A be done in one unit only?If Yes, what should be the accounting treatment when one asset tranferred(revalued) to the another unit.

The co is adopting SLM method.

for example: GB 100000, Accumulated dep 19000 NB 81000
Revalued Rs. 120000 and transferred to another unit

Whais mean by Profit Before Tax(PBT)? How the comapnies are caliculated for paying of tax?

what entry we pass of ESI & Pf

1) Gram Gourav Pratishthan Has a public charitable Trust , last Two finacial years we not received TDs Refund of Rs. 2500 , In current finacial year 2008-2009 TDS refund amount is approximate Rs. 70000.00.
so please tell us TDS refund procedure ( period of Filing & refund )

author : B. NITYA POOJA REDDY

Posted On
08 February 2009

After feeding the entries or items under perticular units of measurement in Tally package how to change the units of measurement without deleting of earlier feeding entries or items.

Plz give solution to above



Solution given by following Expert

Expert : CA. B.SRINIVASULU-9900212240

Posted On
08 February 2009


step 1 : Creat the new units which you want.

Setp 2 : Go to alteration

Step 3 : Open old one where you want corrections.

Setp 4 : Correct the same by using the cursor.

Step 5 : Come out of tally

Step 6 : Again open tally changes would have taken place.


CONTINUATION FOR REPLY


author : B. NITYA POOJA REDDY

Posted On
08 February 2009

The above process which u have told is correct. But i am giving some example for my question then u will give me answer.

My question

Item Name is: Stepler pins

I have entered this item under units of measurement "Numbers". And also passed some entries related to that item.

After that i want to change the units of measurement to that particular item as a "Boxes" inplace of "Numbers". How it is possible? If i will go to chage the units of measurement for that item "the curser will jumping the units at Stock item alteration window"

Plz give me sollution....