I MADE A POVISION FOR AUDIT FEE LAST YEAR BY DEDUCTING TDS? NOW THERE COMES A SITUATION WHEN TDS IS NOT REQUIRED TO BE DEDUCTED? HOW SHALL I PASS JOUNAL ENTRY THIS YEAR?

Period of Articleship required for Accounting Technician course from ICAI.

I book entry 5000 rs as tds payable.and next year I paid the amount from other person account .then how to made entry.in tally.....

Suppose our input vat is Rs 2000 & our output vat is Rs 1000 /- then what will be journal entry ?


Suppose our input vat is Rs 1000 & our output vat is Rs 2000 /- then what will be journal entry ?

Waiting for feedback.

Suppose my FD is maturing after 2 years whether i should book interest income ?

and when i should book the income?

Dear sir
We want to make 600 Dollar in USA.We need to deduct TDS or not and what will be the rate. please give me all the details

Thanking you

Vijay Thakur

Dear sir,

I Can Know the Reasons for Under valuation of Opening stock

Last year 2012-13 Closing Stock 50 Lakhs in 2013-14 Opening stock was 46 Lakhs

when i was Valuating Closing stock there was a stock was Received from an Vendor 4 Lakhs for Which we have Not Received a Purchase Bill in March Last week of supply by the Vendor but it was Recived in First WEEK OF aPRIL 2013

actual Purchase was 24 Lakhs + 4 Laks ( Last year Material Purchase)

Total Purchases in 2013-14 Was 28 Lakhs

So Opening Stock was 46

Need UR opinion Whether it was Rectified

Dear Sir/Madam,

I have came across a query during audit regarding which I wants to take an opinion.

My question is:-

When we are dealing with the party which is our Debtor as well as Creditor, then whether we can set off the balance of Debtors against Creditors or vice versa?

Please reply as early as possible.

Thanking you,
Prachetas

i using tally erp .....my company have 200 employee.so for the payment of wages i using payroll for wages,pf deduction,overtime,hra,da,gratuity and etc....so my question is it is advisable to work on payroll or create all separate ledger for all the employee...can i create for all the workers the ledger a/c separatly?

company offered to its customer an offer as follows - buying of coupon worth Rs 1000/-, the customer can redeem the same for Rs 1050/- by buying the companies products