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

Dear All,

I am again presenting the query before you to resolved this one.
I want to know that what is the process to introducing Share application Money for newly formed Pvt. Ltd. Company.

2.) Can we Indroduce share application money in cash. If Yes then what is the limit.

It's most urgent please.

Please define me Interstate Dealer, Registered Dealer,Unregistered Dealer,Lumsum Dealer (It is used in TallyErp)

What is deffered tax asset or liability? is it applicable in case of company suffering loss

Dear All,
I want to know that what is the process to introducing Share application Money for newly formed Pvt. Ltd. Company.

2.) Can we Indroduce share application money in cash. If Yes then what is the limit.

It's most urgent please.

A company purchases raw materials and assemble them to form a new product. This final product is given on rent to the customers. The final product may or may not be sold. i.e, if there is demand for the goods, they will sell. But the main object of the business is to give on rent. The final product can be used for 3-4 years and at the end of its life will be disposed off as scrap.

Can we treat these goods as stock in trade. If not, how do we treat them.

wat would be the accounting entry
when we are raising a sale invoice like below

total of bill Rs. 20000
Add: VAT@12.5% Rs. 2500
Total Rs. 22500
Add:Freight Rs. 1500
Total Rs. 24000
in this case vehicle is owned by the company
plz reply asap

Dear all,

Kindly provide me the soln for the below query
e.g Plant purchased Rs. 100/- vat charged @12.5%. Under MVAT we can claim input vat in excess of 3%.Hence out of 12.5Rs paid to Govt we can claim Rs. 9.5/- as input against our vat liability.

But what about Rs.3/- which is retained ?
Should it be capitalised or shud be charged to P & L?

hi
can anyone tell me how to pass enrties of fd in tally

We are going to capitalized new SF cooler in Oct 2010 with 105 Lacs

The old SH cooler, which actually dismantled and new cooler project in progress
what should be the Accounting Treatment for the above :
1) Whether we have to de-capitalized it today itself because it is nowhere in existence or we have to wait for new cooler capitalization.
2) Scrap value may or may not exceeds the WDV.
3) Whether we can transfer the WDV in books to Obsolence and scrap value can be shown separately.
Or we have to net off the scrap value with the WDV.
4) New cooler will cost to Rs.100 Lacs

please give reply in details