A proprietor has phone number in his individual name. So he can not register his GST No with the telephone company (by rule of tel cos.).
Has to register telephone co as registered one in Tally Master.
He will not get Input Tax Credit as there will not be one to one match.
How to enter the telephone bill in Tally ERP 9 as it is ineligible for ITC, i.e. entering the GST but not claiming ITC.

Hello dear Expert A person involve in Partnership firm which is audited and individual firm. My question is individual firm return file upto 31 July 2018 and partnership firm is a audited so that date is 30 sept so how can I take remuneration and profit share from partnerships firm for there individual return ? Please suggest me

We purchased one camera for office use
This is asset or expenses ?
If asset which type of asset?

Company had taken carrying amount as on 31.03.2015 as deemed cost for calculating depreciation as per Ind AS provision.On what amount depreciation is to be calculated?

Treatment given by company in it's books of accounts is as follows:
They had applied SLM method and deduct accumulated depreciation from purchase cost.Whether this treatment is correct?

Our view is that accumulated depreciation from 01.04.2015 is to be deducted from carrying cost.

Which one is correct?

TALLY SHOWS SUNDRY CREDITORS, DUTIES AND TAXES ON ASSET SIDE OF BALANCE SHEET, WHAT WOULD BE THE REASON???

Hello dear Expert TDS deposited but not file till 31/5/2018 then what should I do

Hi,

One of my clients provides services to foreign entities and the rates are agreed at foreign rate.

While passing accrual entry whether it should be in local currency or foreign currency and then convert it into local currency.

Also if i am recording the accrual entry at foreign currency then while reversing it there will be a exchange fluctuation (even though it will be very minimal), what should be the treatment and also is the fluctuation which is notional in nature allowed as per the Income tax act.

please share relevant documents or references if possible.

Hello Sir / Madam,

I'm an Accountant in a Pickle Company, in 2017 - 18 Sales Register Shows 94,33,863.30 But as Per P&L a/c it is 84,26,245.11 I Couldn't find the where the error has occurred, So I Need your Guidance regarding where should i Look after to find a Solution & I want to Find the reason for that Differences

I Have One More Doubt, Credit Note will come under which head, Because it affects the sales value in P&L but in Sales Register Such a value is not coming , so I Need your immediate Guidance

Dear Sir,
We need your suggestion we don,t have any consultant.
please suggest below entry in tally is right or wrong

Total Tax as on 31 March 2018 79320/-
advance tax Paid in Dec 15000/-
Paid in March 50000
Total Paid 65000
Self assessment payble 14320-00


Entry in Tally 31.03.2018

Capital A/c 79320-00 Debit

Provision for tax 79320-00 Credit


Provision for tax 65000-00 Debit

Advance tax 65000-00 Credit

The Gross value of plant and machinery is Rs. 400000. As on 31st March 2009, the depreciation reserve of plant & machinery was Rs. 100000. Calculate depreciation as per SLM @ 10% and pass the journal entry as on 31st March 2010.

What will be Accounting Entry for this.??