In a case accountant missed some purchases of year 2015-16, but now at the time of party reconciliation these purchases noticed. How can we recorded that purchases in the current year.

Sir,

Recently a new car purchased by the company and payments made for the following aspects as per invoices raised
But, what should be the value of the car to be considered in books

1) Purchase cost
2) Insurance Charges
3) Registration Charges
4) Insurance Charges
5) Hypothecation charges, Processing Fees
6) Front & Back Sensors
7) TCS amount

I am aware that only amounts for car is to be considered in books (including initial insurance charges)
but have doubts on Hypothecation charges, payment for Front & Back sensors and TCS being our reimbursement

Plz help and also inform the amounts being admissible to be taken as value of assets (car in my case) for taxation & depreciation purpose.

Thanks in Advance

Regards

Tribhuvan

hi,every can any one suggest me about following issue,

one of the company is opening a branch in secunderabad and it took a premises on rent and its changing interior of such premises as per its requirement and adding all cost to deemed building
issue is ,it ordered furniture for installation in its office but it received early so it took a go down for rent to store such furniture till it can install in its premises can the rental charges paid be added to cost of deemed building?
what if that company is not treating the entire cost as deemed building but accounting each and every installation as separate asset,can we add rental expenses to cost of furniture?
if not how to account such rent?

New treatment of proposed dividend in consolidation

I want to know whether the balance sheet of a proprietorship firm can include the personal liability like housing loan of the proprietor. Please guide me whether this balance shert is correct or not.

Dear Sir/Madam

Can you provide me information about Bank Locker Rent group in Tally ERP-9. I have two options like Capital A/c & Indirect Expenses. Which option is batter for selection of under group of tally for Bank Locker Rent.

Thanks
Pradeep Kuamr Maru

I just wanted to Know whether We can pass Accrued Interest on 30th Sept to give correct view of Half yearly Balance sheet & Profit & Loss Account for below transaction.
If FD of Rs. 5,00,000/- is Created @ 6% interest on 5th April 2017 for 180 days which matures on 5th Oct 2017. Interest till Sept is Rs. 14384/- . And Interest till 5th Oct is 14795/-. TDS will be deducted on 5th oct 2017.
1)Accrued Interest on FD (current Asset) .... Rs. 14384/-
To Interest Received on Fd..... 14384/-

Dear sir/madam

My name is Kr shijo i am working in accountant in construction company .our major works for Joint venturing Agreement based works starts flat constructing and sold the flat .My questions is how to GST sales journal entry passed in tally because we segregate two kind of income , land income and another one is constructions income how to pass sales entry can you please any one answered

Need guidance regarding preparing project report...

Dear Sir / Madam can any body help me... 1)Out put GST ( CGST & SGST ) @ 5% , 28 % ,18% ( When making sales inv Ledger Name in Tally ) 2)In put GST (SGT & CGST) @ 14%,2.5%,6%,9% 3) IGST INPUT @12%,18%,28%,5% Quary 1 )How pass a provision entry in Tally above Transaction 2) We had pad the GST above transactions ..how to make payment entry ( Dr...which Ledger..Cr ..Bank A /c) 3) If i do The provision Entry The above all transactions has to be Nallified (JV)