Hi members

This is to inform that my current consultancy transfering my job to Vendor reconciliation, any one tell me what are all the works involved in vendor reconciliation and by recociling the vendor i could know the entire vendor transaction like TDS,Serice Tax,Excise,General ledger, its purely related to accounts payable or not like wise GL , MIS of accounts department

dont be angry for this query this is for my future

if i paid Direct tax for our clients in Net banking from my bank account.After in the bank statement,mentioned as (Direct tax & Ack no).
There is any way to display the Name of the clients in bank statement ?
How to identify?

I dont know how to account for gratuity in the books pls tell me the exact entries that shd be posted to the books. i know it is to be charged to personnel and the credit is for the gratuity payable

By concern is abt the reversal of the gratuity provision during the year.

Pls help.

Machinery is purchased from Japan Important dates are as below

P O date -31/12/09
Invoice date by japanees supplier -12/2/10
Bill of entry date - 09/3/10
Date put to use - 22/3/10

Which date should be taken into consideration for valuation of Machinery because the date of actual payment is against LC maturity on 20/12/10 on which date payment will be made to the supplier at the then prevailing rate.

sir i would asked this question further but solution is not delivered to me my question is that according to icai sales return a/c is real a/c but your intelliency this nominal a/c.which becomes true.

Respected All,

Please give your views:

A private limited company has only one fixed asset which is an immovable property building.
Is it compulsory to charge depreciation on this as per Companies act or Accounting standards

Regards

Plz. answer if there is any "Diamond Rule" in Accounts ???? Plz. ASAP.

A 5 star hotel is in under construction, and several kind of expenditure(Capital & Revenue expenes) is being incurred from the last two years.

Plz tell me the Accounting treatments for Revenue expenditure Like Uniform,Dustbin,Towels if it is charged in P&l or to be shown in Pre-operating expenses.



Plz Help.......

What is the reason behind transfer of Profit to General Reserve?

Dear all,

Am working for event Managament co

I want to know the basic concepts to reduce the operating cost and other direct cost and how to increase the pfofitability i need basic instructions

Regards
Mrityunjay