Iam not familiar with SAP, my job is to find errors in entries and rectify them.

For example- in PT payable GL, an amount of Rs. 10,000 is appearing as payment(dr.), but booking and payment of PT are as per salary sheet.
This is clear that amount of rs.10,000 is booked under any other GL, but paid by wrongly debiting PT GL.

It is impossible to find booking of that amount in every GL, kindly suggest me any technical method/trick(like looking for any doc. no)to trace the entries.

dear sir, how to take entry of E.M.I of car ? please clarify with example.

we have purchased an equipment from another state dealer in our company and we want to re sell them so how will cst and vat be calculated? if it is out of maharashtra? do we need to issue c forms?

Also , the equipments are by mistake billed in other company so can that company claim depreciation on it? how to account it? the bill cannot be changed but now on it will be billed in the other company only

director is being reimbursed for expenses incurred abroad but as on reimbursement date so what to do for the difference ( expense date conversion rate and reimbursement date conversion rate)
do we need to pass an entry for the difference?

What is depletion ..?

Is trade investment a current asset or a fixed asset?

Sir my individual business turnover is 70 lac in FY 2014-15. Tax audit is not applicable. I am not having TAN, I am liable to deduct TDS on expenses like proff fee, contractor, rent etc. regards

Dear Sir,
I have query that can private company do investment in mutual fund? and is there a any dis allowances in showing such investment in balance sheet of company?

Dear Sir

Good Evening !

Sir housing loan interest & principle amount paid in a year . Interest should be debited in capital a/c . Entry will be Capital a/c Dr
Housing Loan a/c Cr

what should we do with principle amount.

Dear Experts,

Our company has purchased a laptop from Flipkart amounting to Rs 25000/- under COD option.

Can we record this in our B/S or it will be disallowed u/s 40A(3) as it exceeds Rs20000/-

Please help.

Thanks in advance