how to do cash flow analysis for loss company. its patnership firm (service)

Dear Sir,

I am working in a Manufacturing concern of readymade Garments, which sales on SOR (Sale or Return Basis) to MBO's(Multi Brand Outlates.
And after selling these readymade garments we offer Discount on Schemes (Like 50% Off on MRP).

We raised invoices on Full value as we are unable on the date on issuing Invoice, the exact value of such type of Discount.

Please advice me how to account this Discount in our books of Accounts, like a Trading Part or P & L Part in the final accounts.


Waiting for Quick Reply.............

Hi my client paid advance (Full amount) for laptops worth 20 Lac on 25th March 2015. But the Laptops were recieved on May 2015. So my query is whether to account that advance as Current Asset or should it be treat as Fixed Asset WIP if yes whether to charge depreciation on it.

Dear Sir/Madam
As per the new schedule II of The Companies Act 2013 (on Depreciating assets over its useful life), whether we have to use SLM or WDV Method for calculation of Depreciation on Fixed Assets.?
Kindly Reply as soon as possible.

Regards
Shivani Agrawal

Some One Pls clarify my doubt regarding depreciation for assets of company.

The useful life of Building as per New Company Act is 60 Years(Subject TO Conditions) and as on 31.03.2014 my building life had crossed 60 Years and if i make any capital repairs to building should i need to include it to Building for which life has expired or should i writeoff that total capital repairs ?

Also clarify whether capital repairs to Building should also be depreciated for 60 Years or should that be depreciated over the remaining life of the building if any ?

Thank u in advance,
Manoj

i am running my repair & maint shop.
Shop is co-owned by my father and his brother.Whether this shop has been included in my BALANCE sheet as fixed asset.
Is there any other treatment of this shop in my balancesheet

which head we can use for booking all the expenses related to company's annual day celebration. can we create a new head like Raising Day Exp or something else. please suggest

In the land of 150 acres with no electricity, we incurred about 200000/- for providig transformer, poles to the electricity department.so, how i will account in the books of accounts.

what will be the J/e of bank balance b/f. or introducing bank balance.

if an assessee carried out consignment purchase and consignment sale then whether consignment sale and purchase will be count in the limit of turnover for the purpose of income tax . what will be the treatment of such sale and purchase as per state vat law.
In simple words my question is whether consignment sale and purchase will be count for the purpose of sale tax and income tax . how such sale and purchase will be shown in the books of account of Consignee. Pls reply as soon as possible.