john
This Query has 3 replies

This Query has 3 replies

26 March 2010 at 11:52

refund entry

company Refund due Rs.8900 has been shown in loan and advances, when will receive the refund the same will be reduced.
but if the refund receivable comes less or more than how to adjust the difference.


patel nitin
This Query has 7 replies

This Query has 7 replies

26 March 2010 at 11:37

right issue exp

right issue exp should expensed out in the year of right issue or it should be treated as deferred revenue expenses


R.GURURAJ
This Query has 3 replies

This Query has 3 replies

petrol bill & maint bill to be submitted for claim- for cars & two wheels Rs.14400&9600 respectively. or declration is ok


seema singla
This Query has 3 replies

This Query has 3 replies

26 March 2010 at 11:12

Accounting entry of sales quantity

We purchase materials in boxes consisting of 100 units. Then we sell them in boxes as well as in units.
My problem is regarding entry of sales quantiity when we sell materials in units. We have Tally ERP 9 software. When we enter a sale of 10 units, it shows a sale of 10 boxes. Can anybody tell me what is to be done to record the sale in units as well as in boxes.
Please ans. as it is very urgent.
Thanx


Madhukarbhansali
This Query has 2 replies

This Query has 2 replies

26 March 2010 at 00:11

stock valuation

Hello Everyone,
i m in a retail business and we are processing cumin seed. now what happen is we get diff. grades as FG with diff Mkt value. for eg. Grade 1 - 135 rs Grade 2 - 125 rs.

problems is we are not selling grade 1 at the moment it is in our stock. as per normal method we are valuating it on cost but now in year end prob. is my books is showing loss bec i have huge grade 1 stock and other grades which we have sold their sales price is below cost.

now can anyone let me know how can i do the valution on grade basis so i can get correct valuation



Anonymous
This Query has 1 replies

This Query has 1 replies

25 March 2010 at 17:28

Revenue recognition

Lease rent relates with last year we received in this current year so in accounts how can we treat is there is any standard rules that previous years income we cant recongnise in this year or there is no such accounting rules.


lakshmiswetha
This Query has 3 replies

This Query has 3 replies

25 March 2010 at 16:26

accounts

can i have any site for tally freedownload



Anonymous
This Query has 4 replies

This Query has 4 replies

25 March 2010 at 15:14

IFRS Applicability

Applicability of IFRS in india?


seema singla
This Query has 4 replies

This Query has 4 replies

An assessee purchases materials interstate. He keeps inventory in Tally ERP 9. All the materials are recorded in Tally as per the individual items's cost. I want to know what about CST charged. How it will be entered in Tally if inventroy is maintained.
e.f. A Purchases goods interstate:
M-1 Rs. 2000
M-2 Rs. 2000
CST Rs. 80

M-1 and M-3 will be recorded at Rs. 2000/- each. Then How will the entry of rs. 80 will be passed?
Please Ans.
Thanx



Anonymous
This Query has 1 replies

This Query has 1 replies

25 March 2010 at 13:44

compilation

i have a client who is a accountant and having about 150 client in his name. he produce before me trial balance of each of clients and cirtified by that client also. on the bases of which i prepare financial statements i.e. profit and loss accounts and trial balance. so after preparing it, i write a comment below p/l and balance sheet that "just compile and prepare financial statements as per trial balance produce and certified by propritor" and then sign it for compilation. so i want to ask you that is there any special or genral reposposibility of mine for signing and preparing finacial statements.






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