Hi,
i am working in a manufacture industry, we have corporate office , LC's are opening through corporate office on behalf of my plant, so we need to pass inter unit transactions. please advice me entries in this case from opening of LC to closing.

When Customer pays advance for procurement of Raw materials, the amount hits the company account and Purchase order is released by COmpany to vendor and the material is consumed equally in all months over period of 10 months. Whether the material to be accounted with value when received inside company. When the sale is done the material value is to be added to Sales and 10% of material advance to be adjusted in bill amount ? In this case is it essential to account the material with value upon receipt of same from vendor ?

For 2nd option, if Customer buys the materials and consigns the materials from vendor location, what should be accounting and billing practice.

In both options if the material to be valued in inventory and price adjustment to be done while invoicing ?

For 1st Option. can the customer advance ledger, Cash account and revenue account alone can be made use of without adjusting the inventory account ?
Which method is normal and correct ?

A employee is submitting the expense reimbursement but in that he is not submitting the bills he is just submitting the screenshot of payments he has done , so can we accept this and if we can't accept this then please help me in which clause it is written that it is not acceptable.

hi
real estate co
party book a flat rs. 4500000/- after registration snd stamp duty
party resale a flat another person half payment of flat first party pay
half payment first party say second party pay to you [ we do deed of confirmation ]
then what is accounting system
[ both party mutual standing payment part ]

I would like to know what all ratios to consider while analysing a balance sheet whether it is strong or weak balance sheet and how much the ratios should be?
Thanks in advance

As my company purchased water tank Rs.5000 , whether it is office equipment or F & F , or it is expense

Any one please
If company did not withdrawn the cash from bank has it impact in accounts?
How to book expenses?

i want make aproject report for e-rekshaw bank loan PLEASE PROVIDE ME HELP

Hi all,
Could you pls help me for do comment on
Debt/PBDIT-0.22 in FY.21 & 2.61 in FY22
Current Ratio is 2.07 in FY 21 & 1.54 in FY 22
PBDIT / NET SALES (%) -13.97% in FY 21 17.98% in FY 22
NET PROFIT / NET SALES (%)-12.78% in FY 21 & 12.79% in FY 22
CASH PROFIT / NET SALES (%)- 14.23% in FY 21 & 13.52% in FY 22.
DSCR-9.19 in FY 21 & 12.06 in FY 22
PBDIT-9.02 in FY 21 & 16.04 in FY 22
Interest Cov Ratio-39.22 in FY 21 & 32.08 in FY 22

Please explain IDV & WDV. vehicle (Bus) insurance calculation on IDV value /WDV Value?