sachin
This Query has 1 replies

This Query has 1 replies

08 December 2010 at 14:04

entries

i want to know how to maintain branch accounts in tally please explain me in brief
suppose ABC is holding company it have 14 branches then i have to creat separate company for each branch or in ABC only i have to maintain all branches account and how


Raj Dutta
This Query has 1 replies

This Query has 1 replies

08 December 2010 at 12:45

TDS

a firm has TDS in its B/s as on the date of dissolution.

The firm has not filed its IT return for last three years .
so how to account for the TDS amount relating to AY 2009-2010

Please help Its urgent.

thanks & regards

raj



Anonymous
This Query has 2 replies

This Query has 2 replies

08 December 2010 at 10:21

JOURNAL ENTRY FOR AMC

DEAR ALL,


RECENTLY WE HAVE TAKEN TWO AMC FOR OFFICE USE FOR THE AMOUNT OF RS.9500( FOR HADWARE+SOFTWARE)
RS.1,10,000(OTHERS).

WE HAVE TO PAY Ist INSTALLMENT FOR THE ABOVE INCLUDING SERVICE TAX.

PLEASE ADVISE ME WHAT WILL BE THE JOURNAL ENTRY IN TALLY FOR BOTH AMOUNT ON QUARTELY BASIS.

AND WHAT WILL BE THE TDS FOR BOTH.


BEST REGARDS,
H.KUMAR








manohar
This Query has 2 replies

This Query has 2 replies

07 December 2010 at 22:17

PAYMENT CERTIFICATE

DEAR SIR
I RECEIVED FROM ONE CUSTOMER ONE P.C AS FALLOWS.


TOTAL CONTRACT VALUE 7,000,000/-

WORK DONE 517,285/-
MATERIAL ON SITE 890,000/-
TOTAL VALUATION (517,285+890,000) 1,407,285/-

WORK DONE RETAINED (10%) 51,728.5/-
MATERIAL (25%) 222,500/-
ADV PAY DEDUCT 351,821.25

NET PAYMENT 781,235.25

PLEASE GIVE ME THE JOURNAL ENTRY AND HOW TO POST THIS ENTRY IN QUICKBOOKS SOFTWARE AND WHY THEY ARE TAKEN MAT. ON SITE FOR VALUATION(ACCRUAL BASIS)
PLEASE HELP ME



Anonymous
This Query has 1 replies

This Query has 1 replies

07 December 2010 at 21:20

Partnership A/c

Dear Sir/Madam

M,N and O are partners sharing profit and losses in the ratio of 3:2:1. P joins the firm and gets 2/10th of share in the ratio of 1:1 from M and N calculate new ratio

ANS: 12:7:5:6

Please tell how to calculate?



Anonymous
This Query has 6 replies

This Query has 6 replies

07 December 2010 at 17:45

income tax

Hi All

Can A partnership firm paid income tax show in profit & loss account as per indirect expnses ?



Help me urgent ?


Lavesh Kumar
This Query has 1 replies

This Query has 1 replies

07 December 2010 at 16:54

Leave Salary

Dear Sir

Kindly advise me about the leave!!!!!!

I want to know about what is limite of leave in a month, which is approved by the company.

it would be deducted or paid by the corporation to employees.

give me a summary about the employees(leave) policy in the pvt or ltd. companies.


regards
lavesh




reards
lavesh


Harikrishnan
This Query has 3 replies

This Query has 3 replies

Please advice in which account (ie.name of account head) the expenditure incurred by the company towards games and recreation of employees will be accounted? Also pls advice whether it will be allowed as deduction by IT dept?


Arun Punyani
This Query has 1 replies

This Query has 1 replies

07 December 2010 at 11:15

General Reserve

Sir,
Can anybody tell me that in a private company what amount of net profit is to be transferred to General reserve every year if the Company is not declaring dividend during that year?
This question is asked because we want to issue bonus shares in this company.

Thanks & Regards,
ACS Preeti


CA Abhishek Singh
This Query has 2 replies

This Query has 2 replies

06 December 2010 at 16:30

A.S. Applicability ??

i have not taken classes for Accounts. I have bought MPV books for AS. I was reading the applicability of As and really got confused regarding classification of SMC & NON SMC,& SME.

whether SME includes proprietorship, firms, HUF, Aop etc.

Also I inferred from reading that SMC & LEVEL-II & LEVEL III entities are the same then why it is referred as SME.


can anyone explain it in simple way.


MY id abhipcc@rediffmail.com






CCI Pro



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