Rep.Sir,

purchase new car

hdfc loan sanction amt 6600000

disbursement amt 6460928

deduct from hdfc loan
1 advance EMI OF RS 139072

then how to jv passed in tally of advance emi

Our organisation is going for AMC for maintenance of Fixed Assets.The charges paid for AMC is being valued as a % of fixed assets.Now issues raised whether freight, insurance, packaging charges paid at the time of purchase of fixed assets would be excluded for determination of AMC charges?? Please suggest.

Hi...

I like to know about receiver signature is mandatory for petty cash voucher.

i.e.(If our staffs received some cash in suspense they purchased some material for our operations.Finally they comes to settle the suspense a/c by submitting voucher along with bills. On the receiver signature column who need to sign)

Hi all,

can any one give brief notes and want to know how to calculate depreciation as per new companies Act 2013 schedule II in excel.

what are the points changes in new act,
a) If we have already used asset for 2 years 5 months/8 months, then what we have to consider used years (2 years or 3 years).
b) if any asset useful life was in earlier act was say 10 year and new act 7 years, then in this situation how to calculate.

please guide me and give excel sheet if any one have, need to do depreciation urgent basis as per new act.

Thanks

Kindly help me with this query.
A company has received advances for business purpose but cannot utilize it within a period of 365 days from the date of receipt of such advance. But the company is sure to utilize such amount in the next year. In such a case will such amount be considered as deemed deposits?

Suppose a Company applies IND-AS voluntarily from April 15.. I.e for d FY 15-16 Is company supposed to apply IND-AS also on FY 14-15 because financials r reported on comparative basis?

why use of deprecition in fixed assets ? please explain features & importance

What will be accounting treatment of Pond constructed on Leasehold land? Will it be amortized during Lease period or will it be depreciated as a separate asset?

Dear Sir. when new service tax applicable. Please inform me

I am having few queries regrading calculation of depreciation as per companies act, 2013. Kindly help me with these problems.

1. Suppose an asset is purchased on 28.09.2012, then what will be the expired period as per new act?

2. If the date of purchase of asset is not traceable then how can we calculate its expired period?

3. If opening balance of Plant and Machinery contains machineris purchased on different dates then will I have to calculate WDV rate of depreciation for each such machinery?