Hi Experts

I have seen that most of the corporate are following salary cycle ie: 16th to 15th of following month.

Just want to know that is there any specific reasons/benefits for doing that?

Please explain for my knwoledge

Thanks

What is Accounting Treatment of Notional Capital Gain in Books of Accounts..? Experts plzzz help me

whether PF applicable for contract workers? how can treat this expense in our accounts?

Hello, what is R2R accounting what it contain in accounting profile and how work are to be done in this process.

please if any file is available to get knowledge regarding the process then please answer and provide

If Parent company pays salary to Subsidiary company. What is the journal entries in both the companies.

Dear Experts I need your help...acutally...I am having two quotation for AMC charges....in one quotation vendor charged VAT@13% on 70% of total basic value and rest he charged ST@15% on balance 30% of total basic value...i want to know that it is correct or not??? Request you all to help me at earliest. Thanks & Best Regards, Harshal.

A private company- newly formed, doesnot have much transaction in india and therefore no employees. So the company wishes to maintain books of account in US, where they have group companies but not branches of the indian company. Here books of account of transaction effected in india is talked about.

ek individual person jo apani itr return filing ki suruat karane se pahale ke last 2 years 1plot purchases kiya tha ye plot iski books of accounting me investment ke roop me show hoga ya fixed assets plz guide me. for sale purpose

Manager sent to company's meetings. there he stays for 10 days.he incurred expenses like breakfast, lunch,dinner,petrol & diesel,stay in hotel and many other expenses.we received all bills from him.someone suggest me to pass all the entries in tour and travelling. is he right or I have to debit respective accounts like in case he pays for petrol Petrol & diesel Dr cash Cr Kindly clarify

hi,
Can any one tell me the reason why i am getting the negative figure in debtors ledger. when i enter Alt+F8 which gives the details of the ledger, I get the figures in negative i.e, the gross total, sales and service tax.


Thank you