Hello, can any one tell me whether tonner purchased should be capitalised or not...

Dear L'd Seniors,

Kindly advise the status of IFRS in India. Are we supposed to follow Ind-AS as of now ? What's the legal position as per Companies Act ?

plz explain depriciation method in companies act 2013.

Dear Sir,

I'm from Mumbai. I am an employee. I want to maintain my personal account (income from salary & all types of expenses) in tally.erp 9.

My doubt is " What is the tally group for receving the salary from my company through bank account ?"

Is it Sundry Debtors or direct Incomes?

Sir, Can you help me out please?

I HAVE RECEIVED NY CLIENT SUM USD 1,117.34 FROM 18.06.2015 INSTEAD OF EURO 1,117.34.
ANY ONE CAN SUGGEST ME NOW HOW MUCH EURO I CAN ASK THEM FOR COLLECTION.

What does Extrinsic value mean in case of Valuation of shares in Accounts?

i considered fooding expenses on labour under staff welfare expenses and our work carry at baroda..but now we got new work at mumbai for 2 months ...during this two months fooding exp inccured then under which ledger i will have to place whether travelling expenses or staff welfare expenses?

Hello sir,
i m doing job in pvt ltd company, in which directors are non resident. the main business of company is import and export.
now my query is that the company has no bank balance and cash balance. it has paid salary to it's employees in black money i mean in cash.
now how i can convert this black money in white money?

As per AS-26, intangible asset can be capitalized only if
1 it results in future eco benefit, and
2 useful life can be estimated.

So should an accounting software, like tally, purchased be capitalized?

We r a newly regd firm and purchased computer, Printer, fax, , photocopier from Y company. for all these item we received single invoice including vat. How to rnter the same in Tally by itemwise or by singly. we r not taking vat input. Kindly help. if you can give example it will be more helpful. Thanks