Sir,
Is it necessary to make Memorandum of association & Article of Association for Sole Properitorship?

Dear Sir kindly note that-
My Basic salary is - 17250
HRA - 8625
Conveyance - 900
Child allowance - 1500
Medical Allowance - 1600
LTA - 1630
FBA - 2058
PF Deduction - 2070
and rent paid every month - 9000

Also advise that how much tds / income tax will be deduct by my company.

Sir if m i right then please advise that all allowance would be under head in indirect expenses & Pf & ESIc will be in current liability in tally....

Awaiting your kind response.

sir i have two company jamuna and midas. i had to payment to party ibizza at 10lacks through jamuna company but payment had gone to party ibizza by midas a/c . but bill has generted in tha name of jamuna company. sir please kniw to me what will be entry in tally in the a/c of jamuna and midas

sir please help me for finding industrial training vacancies as I have to start on 18 may 2014.but I have to intimate my boss prior 3 months that is in February.so I get confirmed than only I say to my boss.so for Indore location how to find it

Sir,
I had send my sales Invoice Rs.30161-70 to the party, same party send me cheque of Rs.30162-00 (Ps.30 more) and secondly I had send my sales invoice Rs.9495-35 to the party , same party send me cheque of Rs.9495-00(Ps.35 Less).how this entry to be pass in Tally?
Any discount entry is there under which head to be enter?
Waiting for reply.
Pravin.

I want to know about DISA what is it.qualification and benefits of it

sal ac dr.. employer con to epf dr...employer con to esi dr.. to epf payable. .. to esi payeble... to tds payable... to salary payable my ques is that when crediting Esi and Epf both employee and employer amt shall be credited or only employer

is the cs is best option in the studies

Dear sir,

My one of the client accounts the liability (eg: purchase of material) as per the date of the invoice.

In one of the cases, delivery challans are dated last week of march and invoice is received on april first week and they have accounted it on april.

Client is arguing that its their accounting policy to account the entry as on the date of invoice as the liability will arise as and when they receive the invoice.

As per my personal opinion,liability will arise based on the date of delivery(not on the date of invoice)as per the accrual system of accounting. More over the respective liability is in respect of purchase of material.

Due to this,the respective entry is not disclosed under purchases and closing stock of the entity during last year.

Can you please help me out that my observation is correct or not?

what is letter of credit.explain in detail