Hello All,

This is Sandesh Savane, I want to know about the accounting practice of our business which is totally based on marketing and promoting of Japan and Germany Products. Our company reimbursed all the expenses like Travelling, Hotel Stay, Entertainment, Office Expenses etc which are incurred for the the marketing and promoting of the Products with 15% mark up.

My question is regarding reimbusment of expenses from Japan and Germany, so please do let me know whether we need to reimburse the net amount (less TDS) or gross amount (Inclusive of TDS and GST) or Amount which is less TDS and less GST.

Your prompt reply is awaited.

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Many Thanks,
Sandesh Savane
7738095177

Dear sir,

we have a joint venture in SriLanka (40%)so we are required to prepare consolidated financial statements in 15-16 F.Y .I have following doubts in preparation of financial statements please clarify these.

a)whether it is required to restate depreciation,gratuity and deferred tax based on rate and policy of parent company
b)is it mandatory to follow proportionate consolidation method?

hi all please tell me what would be jeneral entry for the dth Recharge in a company. and under which head ?

please can any one tell me about the TDs ?

Dear Sir,

A "X" Pvt Ltd company depositing fund to a website " www.contentmart.com" for making payment to a freelancer, who is writing article for the X ltd. co. Contentmart will charge commission to the X ltd Co. for using the website to get the freelancers and making payment them through it's websites.

So, what will be the accounting entry in the books of X ltd and whether the Gst, Tds apply here , if yes then how ????

Please give response as early as possible .

Thanks

This preliminary exp should be charged to p&l but if p&l not available only capital reserve is available than what will be treatment?

Sir,The person who knows some accounting knowlege can write accounts in small businesses.He is neither a chartered accountant nor graduate student.

Hello Experts,
we have paid excess amount in Q2 for FY 17-18, can we adjust / use the said amount in current quarter or next quarter?

pls suggest.

Dear Experts,

The scenario:
We have private limited company which has been incorporated in September 2016, but there is no sale of service or goods in the FY 2016-17, but it paid the rent for its register office and Audit fee provision for the year has been charged in P&L.

My Question:
whether those expense can be charged in P&L while there is no revenue generation in the year?

Hi,

Q. 1 what is main between difference in house and building.



Q2. we depreciation on building 10% and house 0% .why?, i request to all of you, please support me in it.

Your's best regards,

Mohd Nasruddin