Dear Sir,
One partner ship started 27/01/2010 and PNA VAT SSI Registration on 17/02/2010. But im Feb & March only Rent & Purchases are there and for march month Vat Return is NIl

So I have to prepare Balance Sheet for the period

1. From 27.01.2010 to 31.03.20111
2.From 27.01.2010 to 31.03.2010& 01.04.2010 to 31.03.2011

on voucher A/c head mentioned as canteen subsidy , but in SAP A/c head mentioned as Entertainment expenses.

My query is on voucher what A/c head mentioned the same should mention in SAP also now.

pls clear my doubt as i am facing lot of problem with this

my queries is with regard to the issuance of delvery challan and the ensuing implications of AS-9 as under:

suppose X ltd has sent goods along with Delivery challan to Y ltd on 15/01/2010 however actual invoice is sent on 20/01/2010 then on which date the sales will be recognised in the books of X ltd and purchase in the books of Y ltd ??

What is the difference between bill and invoice?
also what is difference between credit note and debit note?
when these are raised on customer?

Our Client(sole proprietor) has got sales in Maharashtra(Head Office) as well as Gujarat(unit) with two different VAT TIN NOS for two states respectively.The gujarat unit purchases & sells good there itself directly So while filling up the figure of Gross Turnover in MVAT Form-704,will the Gujarat Sale figure be included or not?


Thanks in advance

Regards

Expert,
What is management representation letter?
Is it issued by the client to the auditor?
Issued b4 the audit commencement or twds its end?

thnx

plz give me the name of best writter books for ipcc II.

Respected Sir
I need internal audit report of a hotel.So, please arrange as early as possible.

Thanks.

What is the procedure to get a firm registered on the panel of peer review of ICAI??

My point was Software purchased of Rs.7.18 lakhs debited to Computer Consumables : Softwares purchased debited to "Computer Consumables" instead of as Computer Software (Intangible Asset covered under AS- 26).

But manager's response was
It is a computer application software and right to use is given and not the right to ownership. Hence it is a revenue expense and accordingly charged off. The life of every software version is very shot till the new one hits the markets, at that time such license becomes obsolete.

Plz tell me what is right ?