Anonymous
This Query has 3 replies

This Query has 3 replies

01 February 2017 at 10:49

Data entry

Can I do data entry in tally directly from bill image/pdf copy


Manoj Prasad
This Query has 1 replies

This Query has 1 replies

31 January 2017 at 14:36

Profit & loss a/c

If some one gives me a Profit & Loss a/c of a Manufacturing Co. How can I identify that the Profit or Loss showing in the P&L A/c is accurate, is there any method o formula sothat we can more or less verify that the Profit or Loss shown in P&L A/c is accurate...

Thanks & Regards
Manoj Prasad


manisha
This Query has 2 replies

This Query has 2 replies

30 January 2017 at 16:56

Capitalisation of plant and machinery

Dear Sir/Madam,

I m working in manufacturing company. We have constructed warehouse adjacent to our factory.
We have also purchases cranes for the warehouse. We have not yet capitalised warehouse building due to non receipt of construction completion certificate.
I wanted to know, can we capitalise Cranes, which we fitted in the warehouse ? We are using the cranes for machine movements.

Please advice about the capitalisation, can we capitalise plant & machinery in the books of accounts without capitalising Building ?

Best regards,
Manisha


Deepak
This Query has 6 replies

This Query has 6 replies

27 January 2017 at 21:05

Understanding cash on hand in statement

Hi, I am trying to understand meaning of cash in hand as shown in Balance sheet of a small company. It says Cash at bank Rs. 4 crores and Cash in hand Rs. 3 crores as at 31st March. Is it possible to have so much cash on hand for a company? Can a co. Keep this much cash on any date?
Appreciate your professional views.
Thx


Ajay Kumar
This Query has 3 replies

This Query has 3 replies

26 January 2017 at 14:29

As- 28

what is the objective of introduction of As- 28 when AS-10 already provides for downward revaluation of an asset...


ruchi deshlehra
This Query has 1 replies

This Query has 1 replies

25 January 2017 at 13:26

Accounting for debt settelment

Sir My client is having loan outstanding on 31.03.2016 of worth Rs. 150 Cr.Now bank offers him to settle the account by paying 50 Cr. with in coming two years.How to account for the above transaction


Madhav Krishna
This Query has 1 replies

This Query has 1 replies

23 January 2017 at 13:13

Purchase order

What is the difference between Purchase Order raised for Material purchase and Asset purchase?


Madhav Krishna
This Query has 1 replies

This Query has 1 replies

22 January 2017 at 16:16

Purchase order

Whether Purchase Order required to issue for the purchase of Fixed Assets.? if yes what is the difference between PO raised for Material purchase and Asset purchase?


ANKIT JAIN
This Query has 4 replies

This Query has 4 replies

Hello sir,

please tell me about ESI laiblility is deductable from job work contractor with TDS.


REENA
This Query has 3 replies

This Query has 3 replies

Hi,

Our company has cc account in pnb account. We want to check that bank charged interest correct or not. So how we can calculate interest on cc account.
balance on 30.11.16 67313612/-, our limit is 6.5 crore, interest rate 11.85%, no transaction from 1.12.16 to 31.12.16. On 31.12.16 debit amount 96600/- and credit account 2360000/- in bank statement. What is interest amount for the month of dec. 2016






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