EASYOFFICE


abhijit majumder
This Query has 1 replies

This Query has 1 replies

05 September 2024 at 12:57

Demand by suppliers of bank statement

Sir
Raw material Suppliers of our Company frequently claims bank statement from us so that they will confirm of their amount received from our end. Even though we tell them to check their account(given by them) on a particular date , instead of checking their account they still requesting the statement.
Does we legally liable to entertain such request, as it is a time taking process to entertain a large number of suppliers.
Abhijit


Rishi Kumawat
This Query has 1 replies

This Query has 1 replies

Hi There,

Labour Cess charged under which accounting head?


K.Devan
This Query has 1 replies

This Query has 1 replies

29 August 2024 at 12:14

Tally not Opening

Kindly go through the following error occured while opening the Tally

ERROR:
Attempting to open

Error code:32


sridhar
This Query has 1 replies

This Query has 1 replies

28 August 2024 at 14:38

Provision entries of expenses

Dear sir,

Pls clear the concept : Actually : I have to pass provision Account for " Interest paid on late payment of Tds towards month of March 2024 is Paid in 27th July 2024 . Could i take provision of

Interest on late payment of Tds A/c "dr" ,
To Interest payable on late payment of Tds A/c " cr"

on 31st march 2024 or Not .
=> Tds of March 2024 payment date is 30th April 2024, But tax paid on 27 th July 2024

(How may months would be consider for calculation for f.y 2023-24 or fully expenses would be consider in f.y 2024-25 ?)


Mahesh S M
This Query has 1 replies

This Query has 1 replies

27 August 2024 at 10:16

Importance of Invoice

is it mandatory to keep invoices for all the expenses incurred in business and should i pass journal entry before payment for every expense regardless of amount?


shahzada perwez
This Query has 1 replies

This Query has 1 replies

25 August 2024 at 18:55

Int. from s/b a/c

how to make entry of interest from savings a/c in pl&b/s


Shailendra Kumar
This Query has 1 replies

This Query has 1 replies

22 August 2024 at 12:09

Calculation of cost of flat

Sir,
While calculating of cost of flat for fixing the %age of ownership among the parties, can we add : interest on loan taken for payment to builders
Bribe given for approval of loan
Bribe given for getting the flat register
as adding these expenses, the %age of one partner increases and others reduces. Previously there was no agreement between parties on %age issues.


K.Devan
This Query has 1 replies

This Query has 1 replies

21 August 2024 at 12:51

PF and ESI on Incentives payments

Dear Sir

Based on sale turnover in order to encouraging our hotel staff we are paying monthly incentives approximately Rs 5000/.
Any statutory such as PF ans ESI attracted for this amount. We are paying Income tax for this .
Kindly clarify.


Mahesh S M
This Query has 1 replies

This Query has 1 replies

21 August 2024 at 10:47

Fixed asset and Expense

How can I differentiate between a fixed asset and an expense? What factors should be considered for categorization? If I purchase something under Rs. 10,000 and it has a durability of more than one year, should it be considered a fixed asset?


pfcollect
This Query has 2 replies

This Query has 2 replies

Auto Dealership Car Vehicle Closing Stock Valuation : Is it right to Reduce Incentives like MAC , DRF to reduce from Year End Closing Stock ? Please guide as per IndAS.Thanks