Hello Sir/Mam

Intt. on Capital will be transfer in Capital Account or Partner Loan Account

and Salary to Partner could be transferred in Capital Account?

and Rent is Allowed to a Partner from Partnership Firm

Thanks for Response

Sir,
We have purchased material of Rs.3Lac and return material of Rs.2Lac back, and demanded for credit note. our supplier provide us Credit Note of Rs.2Lac, but our purchaser want one copy of credit note to be acknowledge from our side.stating reason that tax dept (e.g.Sales or Income Tax will demand the same) want the same for checking purpose.Whether acknowledging credit note to be correct from our side?
Please inform me whether this right or wrong. Waiting for your advice.
Yours,
Pravin

1 employee had gone to US so how to account his bills in tally?

I entered his food expenses in entertainment exp , hotel expense - stay expense , fuel - travelling , other expense - sundry and credited it in his name. And whatever company reimbursed is also entered in his name so it gets nullified.
Is it correct?

how goods in transit accounted in books how goods in transit accounted

I want to borrow 5 lacs from a friend. I will b using the money in my business.How much maximum interest can be charged on this loan amount???

I want to know the main difference between tax and accounts Balance sheet. And also if the date to submit my tax B/s to 30.11.2014 will it also effect the papers to be submitted in bank for review of my limits.?

X Company Interest Paid Every month 1 Day X Company books in entry Provision or direct Payment Problem Solve

Hi all,

A dubai based company has got an order from Indian company for supply & execution of a project. Dubai company supplied part of material to buyer. For the balance material Dubai company placed an order on a Indian company with a condition that the material to be delivered to its buyer based in India and also to install the the project. Now Please suggest whether I have to raise invoice in INR or USD in favour of Dubai company stating delivery to buyer address. Please help

Is it wise to first rewrite data of all Companies using Ctrl + Alt + R & ONLY AFTER THIS IS DONE , migrate the rewritten Data to Tally .ERP 9 from Tally 7.2 or should this be done ONLY if an Error gets displayed during the Normal Migration process ?

Dear Members

Please advice me about the balance sheet of PROPRIETOR SHIP BUSINESS.

WHETHER THE BALANCE SHEET OF PROPRIETORSHIP CONCERN IS PREPARED SEPARATELY FROM BALANCE SHEET OF PROPRIETOR.

IF YES HOW CAN PREPARE THE BALANCE SHEET OF PROPRIETOR.



THANKS