Dear Sir,
Advice for Import Order Cancelled & Advance payment returned how accounted the same.
We made advance = 26520 USD.
Party Realease = 26510 USD out of that in our EFC Account Actual 26400.99 USD Credited.
How Accounting Entry Passed.
Kindly advice.

I had issued 4256.600 gms Old Gold Jewellery with stones for melting to the karigar. Karigar melted & returned me 3989.680 gms showing loss of 266.920. how do i show loss of 266.920 gms in my books. as per transaction it is showing that still 266.920 gms is lying with karigar but actually it is loss in melting & refining.

Dear Sir
Let me Know what is Purchase Entry Passed in Books of Account.

Thanks

1) prepared an Excel bank entries template
2) created all required ledger accounts in Tally
3) created Tally mapping template in Tally
4) imported all bank entries into Tally successfully
5) when Alt+R is pressed unreconciled bank entries should be seen. but they are not seen.
6) therefore, manual bank reconciliation cannot be done
7) Tally shows them a "Available only in books"

Kindly suggest a solution to this issue. Thanks!

what are concept of customer and vendor treconciliation. How to make vendor and customer reconciliation , what add and less while making reconciliation statement, please provide the best concepts.

Dear Sir,

We have purchased used commercial vehicles, please clarify the how to decide the useful life of used commercial vehicles.

Thanks & Regards

where may come nigative figure in Profit and loss account and balance sheet.

School van was purchased through finance, how to entry the due amount with interest in tally.? for ex: Due amount was Rs.20000 & interest was Rs.10000. In tally single entry system, i made entries in payment voucher like, accounts - bank a/cs (credit ); ledger- finance due (debit )-20000 ; interest (debit)-10000; in total 30000/-. is that right.?

whether whole time director remuneration come under salary and wages under scheduled III of profit and loss account.

can I make GST Input register monthly in this way

Sales 1000
Add Debit Note 100
Add GST Payable RCM 200
Sub Total 1300
Less Credit Note 50
Sub Total 1250
Less GST Input 500
GST Input RCM 200 700
Net payable by Cash 700
Is correct process