Dear Sir

Please all detail Debit note & Credit note

is it necessary to record foreign exchange fluctuation difference if payment for the entire purchase transaction is made in advance before the goods are actually recieved and recorded in accounts.

Dear Expert,

I need your help regarding calculate salary of an fixed employee can you suggest me how can calculate.

10 Basic salary 10000/-

working day - 22 in January month

if i am not wrong then fixed employee salary calculation on fixed 30 days or not.or count every month in as per days.

Is their any limitation for recording of entries in tally.

I facing the same, tally is not accepting Payment and Receipt voucher

Error message : no cash or bank a/c debited or credited.

Please revert

hello to all.. i m doing multiplaces accouting and my query is about the finalization of balance sheet

Please tell me what are the points to be noted while preparing Profit & Loss A/c as well as Balance Sheet.

Regds,

Dear Experts,

Can Contra entries could be accounted in tow different dates dates??

For example while doing Internal Audit I came across situations where in Tally Contra entry has posted 13-Sep-13, as per the bank stm credit has came 14-Sep-13, and some cases two days later.

is there any requirement to mention this point in my my Internal Audit on cash operations.

Regards

Hi,
I am working with IT company in India and we are raising domestic service invoice as well as export service invoice. while raising export service invoice in foreign currency, based on the RBI website reference rate on same date of invoice, i am accounting in indian rupee value in tally. while receiving the payment, excess or short also accounting as Exchange fluctuation in P & L. Is it correct ? or any other accounting method to be followed. please clarify and suggest.

Sir,

Whether Printing and Stationary Expenses related to Raid cases charge to Legal Expenses.

Dear sir,
how & where to account this disallowed expenses in under income tax act ex.
1.penalty paid to vat office
2.Bank Opening balance difference
3.cash payment 20000 above