what is date for accounting the purchase ?? whether the date of invoice or date of entry into entity??

our is government organisation we have incurred Rs.XXX crores till march 2016 on monorail project .The first phase of the project was completed and became operational in february 2014. projetct has earned revenue Rs.XXX crores during the year 2014-15and rs.XXX in 2015-16.The contract for this work is given to Single contractor. As per CAg auditor ,since the firest phase is completed and become operational and started to earn revenu the same should be trated as fixed assets and not work in progress .so depreciaiton should also be charged on it . please guide how can we prove our point unless full work is completed we can not capitalise it. which accouning standarad is applicable here to prove our point

One of our office colleague was getting married, so our boss gave her a gift for Rs.16000/- in cheque, drawn from the company. How to record this entry in books of accounts?

respected sir
i purchase good from m/s xyz for rs 1000 and he supply shortage good to me rs 800 how i debit the balance of m/s xyz at tally and under which head i show show shortage purchase in tally

dear sir, In govt department fund is receiving for specail purpose as well as salary and other office exp is also utilising from that. what will be accounting treatment while receiving the fund and transferring for specail purpose and for exp?

Hello Sir,
We are an advertising agency. We do designing and printing work. For designing and printing we charge service tax @ 15%. For this designing we use material. For the material we use we charge VAt @ 6%. Combining both the taxes it comes to 21%. In construction co. there is a provision in which taxes is charged at lower rate ie 16% to 17%. Is there any provision as such for advertising agency where we can charged combine tax at a lower rate.

Dear Experts,
We bought office premises for rs. 1,53,22,000/- down payment paid 53,22,000/- and balance payment by bank loan.

Please suggest how can i pass all necessary journal entries..

Thanks & Regards

Accounting of unrealised exchange fluctuation on debtors accounts (unrealised invoices) in monthly reporting to management

Hi all,
Can anyone please guide me in accounting of livestock (cow in my case). It cannot be recorded as a Fixed asset nor as an inventory as they are specifically out of the scope of these 2 standards.

Thanks in advance!

Hello,

I want to know that how to go about uploading of C form if the invoice number is more than 13 digit whereas the system accept only 13 digit invoice number

Thanks