I am working as Accounts Manager of a security service company.We have manpower,Electronics and cash management services.Thses are the three divisions.

The electronics division has a Annual Maintenance Contract with Cash Management Service Department for Maintenance of their Electronics Servelience systems.

The Electronics division wants their revenue to be accounted.

Please guide me the accounting to be made in both of the Divisions.Whether we need to raise bills for such service on Cash Management Division.

Is their any statutory compliance which company has to complied with.

a co. incorporated in 2008. v were using deferred tax method on Dep. dep ws 3130(co.Act) and 7393(IT). then we move deffered tax on wdv method. wdv on 31.3.09 ws 59844(Co)and 53143(IT). nw again we want to move on dep. dep on 31.3.10 is 5945(Co) and 7202(IT). Nw pls let me know is there any disclosure required and any effect of last year to be measured. pls reply soon

thnx

What are the Conditions of Profit to pay Managerial Remuneration in a Pvt. Ltd. Company?

is there any difference between book value of asset and written down value of asset.

please any one tell me the difference between provision for bad debts and reserve for bad debts?

Can anybody tell me What is Business process outsourcing all about? In the terms of Chartered accountant ?
How it is Benificiary to CA's ?

Hello All Experts
Kindly advise me on the entry done for purchase of car on lease. The entry is:

Car A/c Dr 65L
DEaler A/c Cr 65L
Dealer A/c Dr 15L
Car A/c Cr 15L (on a/c of credit note recd)
Bank Car Loan A/c Dr 46L
Dealer A/c Cr 46L(being amt of loan)
Dealer A/c Dr 4L
bank A/c Cr 4L
Kindly reply soon. Urgent
thanks & regards
sanjay

i just wanted to know why do we transfer the profit on sale of any asset in profit and loss account...because this is a capital receipt and p&l is a revenue a/c.....i m confused i want clarity with regards to p&l account

sir i am an accounts assistant in one company i have been working for 3 years preasently i want to attend interviews which type of questions they will ask for accounts assistant post
and i want to joine SAP(FICO) I DONT HAVE MUCH KNOWLEDGE IN ACCOUNTS & TAXES MY QUALIFICATION IS BCOM ANY ONE CAN SUGGEST ME

THANK YOU

Dear Friends & all experts
I want to know one question.

1. Can the credit note on a/c of discount recieved on purchase of car be treated as income of pvt ltd co?

2. What will be the entry in the books if the car is purchased on loan for value of 10L and a crdit note of Rs3L recieved.
It is urgent.
thanks
regards
sanjay