Hi Expert,
I have one client how make software for foreign vendor, and he received money by paypal, USD, AUD, GBP,etc ( and paypal will transfer amt in bank after conversion), but don't know how to calculate paypal statement and entry in tally, kindly help me on the same it very great full. kindly send calculation on my email id. arvindm899@gmail.com
there are 1 day transaction as per paypal.
Date Name Type Currency Gross Fee Net Balance
30-04-2016 Mohammad Jahanp Web Accept Payment Received GBP 200 -7.6 192.4 192.4
30-04-2016 Mahmoud Ashrafabadi Web Accept Payment Received USD 300 -11.4 288.6 836.01
30-04-2016 Khameis Dhanhani Web Accept Payment Received USD 200 -7.7 192.3 547.41
30-04-2016 Megha Sharma Web Accept Payment Received AUD 200 -7.7 192.3 192.3
30-04-2016 Shabir Ahmed Web Accept Payment Received USD 150 -5.85 144.15 355.11
30-04-2016 yathish thota Web Accept Payment Received USD 100 -4 96 210.96
30-04-2016 Nouf Alotaibi Web Accept Payment Received USD 70 -2.89 67.11 114.96
30-04-2016 HANAN Web Accept Payment Received USD 50 -2.15 47.85 47.85
30-04-2016 From US Dollar Currency Conversion INR 51,283.87 0 51,283.87 51,283.87
30-04-2016 To Indian Rupee Currency Conversion USD -798.69 0 -798.69 0
30-04-2016 Bank Account Withdrawn to: hdfc (India) INR -51,283.87 0 -51,283.87 0
30-04-2016 From British Pound Currency Conversion INR 11,725.97 0 11,725.97 11,725.97
30-04-2016 To Indian Rupee Currency Conversion GBP -124.99 0 -124.99 0
30-04-2016 Bank Account Withdrawn to: hdfc (India) x INR -11,725.97 0 -11,725.97 0
30-04-2016 From Australian Dollar Currency Conversion INR 64,081.19 0 64,081.19 64,081.19
30-04-2016 To Indian Rupee Currency Conversion AUD -1,312.69 0 -1,312.69 0
30-04-2016 Bank Account Withdrawn to: hdfc (India) x-2102 INR -64,081.19 0 -64,081.19 0

Thanks

Hi Expert,
I have one client how make software for foreign vendor, and he received money by paypal, USD, AUD, GBP,etc ( and paypal will transfer amt in bank after conversion), but don't know how to calculate paypal statement and entry in tally, kindly help me on the same it very great full. kindly send calculation on my email id. arvindm899@gmail.com
there are 1 day transaction as per paypal.
Date Name Type Currency Gross Fee Net Balance
30-04-2016 Mohammad Jahanp Web Accept Payment Received GBP 200 -7.6 192.4 192.4
30-04-2016 Mahmoud Ashrafabadi Web Accept Payment Received USD 300 -11.4 288.6 836.01
30-04-2016 Khameis Dhanhani Web Accept Payment Received USD 200 -7.7 192.3 547.41
30-04-2016 Megha Sharma Web Accept Payment Received AUD 200 -7.7 192.3 192.3
30-04-2016 Shabir Ahmed Web Accept Payment Received USD 150 -5.85 144.15 355.11
30-04-2016 yathish thota Web Accept Payment Received USD 100 -4 96 210.96
30-04-2016 Nouf Alotaibi Web Accept Payment Received USD 70 -2.89 67.11 114.96
30-04-2016 HANAN Web Accept Payment Received USD 50 -2.15 47.85 47.85
30-04-2016 From US Dollar Currency Conversion INR 51,283.87 0 51,283.87 51,283.87
30-04-2016 To Indian Rupee Currency Conversion USD -798.69 0 -798.69 0
30-04-2016 Bank Account Withdrawn to: hdfc (India) INR -51,283.87 0 -51,283.87 0
30-04-2016 From British Pound Currency Conversion INR 11,725.97 0 11,725.97 11,725.97
30-04-2016 To Indian Rupee Currency Conversion GBP -124.99 0 -124.99 0
30-04-2016 Bank Account Withdrawn to: hdfc (India) x INR -11,725.97 0 -11,725.97 0
30-04-2016 From Australian Dollar Currency Conversion INR 64,081.19 0 64,081.19 64,081.19
30-04-2016 To Indian Rupee Currency Conversion AUD -1,312.69 0 -1,312.69 0
30-04-2016 Bank Account Withdrawn to: hdfc (India) x-2102 INR -64,081.19 0 -64,081.19 0

Thanks

sir,
This is the case of doubt regarding how we can show the value of parent stock of breeds in financial statement that are used for egg production. is it fixed assets ?? or inventory

One person is having a trading business. He is getting discount/ commission for achieving target from its supplier. Whether it is a direct income or indirect income. Discount is totally related to purchase turnover.
Kindly reply as soon as possible
Thanks in advance.

is it mandatory to pay bonus for the yr in which an employee has resign???

Hi
If Flat purchased is under construction then we have to required do Depreciation entries in Tally?
What Entries should be done for depreciation on laptop how much % plz tell me with DR CRn or under which groupe or Ledger.

what is deferred revenue expenditure

Hi sir ..
i am working with IT company i want to know is JV required for salary ? what enteries should be required for salary .
2) which taxes required to pay for IT company if services provided to Foreign customers. plz help me .

Can anyone explain the recent changes in IFRS on Revenue Recognition ?

Sir/ MamIf I am having a car on loan and having a business on proprietary firm basis then can I show the depreciation expense and interest expense as a business expense so that my personal capital is not reduced .( But I will be taking car in my personal name and not proprietary firm name )