sir for my last question you have answered if the incoterms are fob. what if it is cif based. one more query i wanted to know whether my client is liable for demurrages. but the bills will not be coming in this year.but this is important for us to keep provision. and does these demurrage should be added to cost of inventory.

sir thnks for your information and we are a pvt ltd company registered under the companies act 1956. including ten board of directors and most of them are objecting the issue of salary slips. so we stopped the issue. can we face any issues in future due to non issue of salary slips regards santhosh

sir, thank you for resolving my last query. I have a client manufacturing cement. they import coal. my query is should they recognize coal in their books of account as stock in transit for the coal which is on seas. if so can you please tell the accounting entries.

sir, Am santhosh from sunrise group of hospital kerala and we are paying salary to our hospital staff through electronically (each one had opened salary account by hospital). Then the staffs asking for salary slips. But they know their monthly salary in a minimum wages implemented and every contributions are remitting through online like epf and esi contributions. sir kindly confirm whether we have to issue salary slips to our employees or not? and there is any circular reg this in labour low pls tel me where I can collect it. With regards santhosh

does GOODWILL is taken while calculating purchase consideration? pls answer and when it is taken and when it is not taken while calculating P.C. thanks ..

Board resolution for opening a bank account

haw to create service tax ledger in tally erp9? with rate

Why does CRR transfers from general reserve ??

Company has purchased a gift card from apple online store so can i put it in under computer peripheral head as they are going to purchase some electronic for the company from that gift card.
Also there are some expenses in dollar which are to be reimbursed so can i reimburse as per the conversion rate on the day of reimbursement or i have to take the conversion rate as on the day when expense was booked in tally?

hello i want know about changesin accountancy of CA ipcc for may 2015 attempt..