WHAT IS MEAN BY RA BILLS IN CONSTRUCTION ACCOUNT AND HOW IT IS ACCOUNTED IN BOOKS...??

Hi we are going to increase salary of employees. what we have to consider while making increments of salary. we did performance assessment except it in the terms of finance.

Two parties entered into agreement for construction of the plant. In agreement it was laid a condition that in every RA bill some % will be deducted as Security deposit and this amount will be paid after completion of the plant and its maintenance for period say 5 yrs.The party not paid full amount as submitted as per RA bill and some amount is still showing as Receivable.

1. How we need to show the amount which is deducting like security deposit.Is it show as Security deposit or it should show as Sundry Receivable.

Please guide me on the above issue.

If need to show as Security deposit then is it require to reclassify the accounting entries passed till date.

plz explain this concept

Hi friends

For Manufacturing company
how to show in the books of accounts below items .
Discount paid to agents, Distributors, customers etc..
and
Discount received from suppliers of materials .

Thanks

How to calculate foreign gain / loss in case of import purchase? Difference between exchange rates on the date of payment and on the date of purchase invoice to be taken or Difference between exchange rates on the date of payment and on the date of material received in factory should be considered?? Plz Reply..

how to prepare for costing & f m for pce .please suggest some good books. i have heard about problems & solutions on costing ,pls guide me.

In salary cases rebate of Rs. 2000 u/s.87A is admissible after addition of edu. cess or before addition of education cess to income tax.

Dear Sir, Upto March?12 month my gross salary was Rs 14700/- I have received increment effected from Apr-12, My revised gross salary is Rs 17,960/- Although ESIC is deducted from my salary of apr, may,june & July. and company replied that it will be deduct till end half year (Apr to Sept.) please tell me it is write or wrong.

differents of costing method and costing techniques