Can any one tell me when contra entry will be passed.Give an example

What can be the entry for credit card payment and how can it be adjusted in Bank reconcilliation statement.

One of my Client has several unsecured loans. The interest for which has been calculated @ 18% PA & credited to the party's a/c on 31 March 09. The interest has been paid to the party on 18 Aug 09.

My question is: Can interest be calculated for the period April 1, 2009 to August 18, 2009, on the interest credited to the a/c last year & paid this year?

what is the last date tds return of the last quater f.y. 2009-10

DEAR SIR,

AS WE ALL KNOW THAT THE LIMIT OF ESI IS INCREASED UPTO RS15000/-.

I JUST WANT TO KNOW THAT IS THIS INCLUDES THE EMPLOYERS CONTRIBUTION OF EPF ?

PLZ REPLY

THANKS

there is difference in banks pass book and bank column cash book .it is rectified by BRS, BUT which balance is posted to balancesheet and why?pass book balance or bank column cash book balance?

Our client being a Pvt. Ltd. Co.has purchased textile machine of worth Rs.35 Lacs on 08.06.2009 & same put to use on 01.07.2009.Later on received Tuf subsidy on the above machinery of Rs.6 lacs on 12.01.2010.

Now our query is (i) What will be treatment of the above transactions in books of A/c & (ii) How much Depreciation will be recorded in Books as per Companies Act as well as as per I.T.Act.

Please reply urgently.

Thanks in Advance.

Ankur Baheti

Loan taken from Hema Rs.15lacs,
Loan from SBI BANK Rs.5 lacs,
Loan from Financial institutions Rs.2lacs,
Overdraft from Bank Rs.3 lacs,
Interest paid to Hema Rs.15000/-
Interest paid to Bank Rs.5000
Interest paid to Finance Rs.3000
Interest on overdraft Rs.3500

Please make the journal entries for this transactions.

Respected All,
I received the bill from OMC as under,
Value of Iron Ore Rs.5492114.50
Royalty Rs.292404.42
VAT Payable@4% Rs.231380.76
Entry Tax Rs.60159.00
Analysis Charges Rs.1340.50
Labour WelfareCessRs.3797.46
Edn. Cess Rs.75.95
SHE Cess Rs.37.97
Invoice Amount Rs.6073488.00

How will I pass the entry in Tally?

tally9 to other accounting software

Please inform me “ suppose I have to put the opening balance in tally9 from the last year(31st march 2010) closing data
1- for this regard should I take trail balance of last year (31.03.2010) from tally to put opening balance
2- or I have to wait balance sheet for the year ended ( it is not yet prepared)

I have although try to put the data having Trail balance but there is some difference,

Please tell me what would be the best way to put the opening balance from last year closing balance