Anonymous
06 August 2012 at 16:36

Financial document

i m accountant in the ltd. co. as a lala co. which cant pay above 15000/ per month so i want to preparation of intereiw to Mnc please tell me the cash flow & fund flow statement tips & finance document which would be need

Thansk & regards


Manish Gupta

A case where A holding company form a SPV to execute the road construction contarct. Under this arrangement, SPV awards the EPC contarct to the holding company. Holding company receives the revenue from EPC.

In this case while making the consolidate account do we substract the revenue received from SPV as intersegment revenue or not?


CA Sumat Singhal
06 August 2012 at 15:43

Accounts reconcilation

dear experts kindly provide solutions
A company has group of companies. situation is he has C&F contract now while he opens a account in his name (it took 20 days for same) meanwhile another company made payment or received on his behalf so what to do now for reconciliation of accounts or adjustment or legal provisions are in this matter. both r pvt company.

thank u in advance



Anonymous
06 August 2012 at 14:24

Balance sheet

DEAR ALL

PLEASE HELP ME,I WANT TO KNOW THAT HOW WE INCREASE THE PROFIT ,,FIRST IS DECREASE THE EXPENSES,,OTHERS IS,,,,,?

REGARDS

PRIYANK BHATT


Anuradha
06 August 2012 at 13:37

Event management

Is there any specific format for maintaining ledgers for Event Management profession. In what heads should we consider tattoo artists, balloons etc.,?



Anonymous
06 August 2012 at 12:59

Adjustment entires

Dear Sir,

Pls note I am using peach tree accounting s/w my previous staffs closed the accounts for the year 2010. When I checked the Opening there is difference around 16 Items such customers & supplier. I have passed this entries i.e. receipts & payments on 01.01.2011. My opening balances tallied. Now I am getting negative balance in my in-house book balance. I wanted to adjust these entries without affecting payables & receipts.

Please advise me on the same or e-mail me on mur20056@gmail.com


saikiran
06 August 2012 at 12:57

Sales before incorporation of comapnay

Dear experts,

Company has incorporated in April 2011 but it has started commercial operations from Dec 2010 onwards. It has raised invoice for the services provided from Dec 2010 to March 2011 to the customers.

Nature of industry of the company is Service Industry.

Please tel me what will be the legal implications in this regard?

Also suggest the accounting treatment for the profit earned and income received during the pre incorporation period?


Nisha
06 August 2012 at 11:23

Accounting of internal consumption

Hi,
I am accounting the purchases and sales of Petrol pump bunk.
I have a doubt with regard to the accounting in amount and inventory of the following:

1. We use the disel in the Genrator and car of our own in the bunk?

2. Daily we take off 1 ltr or so from the bunk for testing the density. Some times we put back disel back to the tank and some times not?


Kindly reply ASAP.
Thanx in advance.


Preeti

My query is
A motor car has been purchased which will be capitalised but what will be the treatment of following expenses incurred at the time of purchase of the motor car:

1.Road Tax
2.Extended warranty.
3.Insurance Premium.
Whether the above expenses will also be capitalised with motor car or expensed out


rahul
05 August 2012 at 21:43

Depreciation

Hello,
sir
sir there is a company have 2 inter units in 2 different states. And now one unit want to transfer a machine to its another unit.
let the machine cost is 1000000 and depr. rate is 10% after 3 years its book value wiil be 700000 now it want to transfer machine to other state ...whether comany can transfer or sale it to other unit on price less then 700000 to decrease its some cst......?? and if yes then in other unit how the depr . will be charged it wiil be from cost of machine which is 1000000 or bok value or transfer rate
depr method is SLM not wdv






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