we have given Rs. 3,00,000/- for labour charges in a single voucher how can we split it ? we have taken single voucher. can i take as advance and split it below 10k????

If we are transferring the product amount(SP) to consumers bank account for them to purchase the products from marketplace, how do we show these amounts in our accounts? Eg. Transferring via Neft from company account to consumers bank account INR 600 (Product cost) to 400 such buyers. what will these transaction be shown as?

Sir,
We have purchased one motor cycle for business purpose. Can we claim ITC and deprecation on the Motor cycle
Please advise

Hi all,
Need a clarification from experts,
ABC company had received goods on 31st march (says 20% to 30% of the total ordered goods ), but bill is not received till the year end. Here we know who is the vendor only but value or quantity of goods received is not clear as on 31 st march . how to account for the same in the books ( whether we had paid advance or not) for the year and whether we should consider the goods for year end stock audit (if so under what head to consider the said goods).
pls clarify

computer accessories purchase then this item come which head in account
and purchaser come which head..and how to pass entry

Dear sir/madam

I m currently working with one famous cooperative society at mumbai , there are total three staff in society office on a contract basis, after deducting 1% TDS we get salary, now my question is can society give us bonus or not?????
Kindly rply as soon as possible
Also send section under the bye law of MCS Act

What is the journal entry for during sale goods destroyed in transit ?

HOW TO REDUCE CAPITAL OF PROPERITOR
IF I SHOW DRAWING AS 1500000 UNDER CAPITAL ACCOUNT. IS IT OK
KINDLY REPLY AS SOON AS POSSIBLE

Dear Sir,

We are Pvt Ltd Company and our company main business is Investment.
In April-19 our company started a Shirt Selling business through the our website & online platform. No one had counted when the material came to our office.
Now we have taken stock and 11 items are less. Does a debit note/credit note need to be issued?

Now, how to pass the shortage material entry in tally. effect want in P&L A/c & stock a/c. The stock want to reduce.

Please suggest the same.

here in my company we are entring direct expindutre on goods receipt date rather as on invoice date sir is this correct way of accounting & if july invoiced goods received in august then it is entered in august and claiming gst credit in that month is this correct way of doing
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