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Priya R
19 March 2024 at 09:22

ReG: Wip and Fg Valuation

Dear Sir,

We are in Granite Manufacturing Company. As Finalisation Process we are valubing F.G. as 90% of sale value and Wip as 65% of sales Valu ..! Our F.g. is the goods ready for sale just waiting for approval. And our Wip always remains in 2 out of 7 process. Apart from above we normally sold Good in Fg in first. We are producing in terms of containers as 50 means we sold 10 to 20 of last month F.g and 15 containers from curent production ...! Kindly let me know if our valyation towards Wip and Fg is correct and if not How to Valye in this scenarios

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Sanjay
17 March 2024 at 21:07

Internal reconstruction Query

Hi Sir/mam.

Please clarify on surrender of shares
If debentures of 1 lakh and debentures interest of 20k are existing in balance sheet
And total claim of debentures reduced to 50k,
how would i know which part is reduced to which extent.

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Mahabir Prasad Agarwal

Sir, please let me know the procedure to record B2B sales with entry with HSN and B2C sales entry without HSN ? I have tried my best but could not succeed. Is there any configuration problems which I could not understand ?

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new era nirman
12 March 2024 at 12:38

CAR RENTAL SERVICE

How to maintain car rental service accounts in tally
What expenses will have to be shown & under which head
I have 5 cars...4 driver
Somtime i hire car from vendor

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Preet Bhati
05 March 2024 at 00:58

Financial statements Balance sheet

"Creditors for expenses" will appear under which head and sub head of balance sheet?
Will it be under sub head of "trade payable" or sub head of "Other current liabilities"

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CYNTHIA

Hi everyone,

What does income from District treasurer means which is received from Vadodara and reflected on the credit side of bank statement. What does it means and what will be the Accounting treatment.

Thanks

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CYNTHIA
23 February 2024 at 18:22

EBA CHARGES

Hi,
I have an ICICI bank statement in my hands. In that I came across EBA charges as Prime subscription, prime upgrade pay in, SEP and NSE. Can anyone explain me what are those EBA charges and what will the accounting entry in Tally Prime for the same.

Thanks and Regards

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Devulapally Satyanarayana Rao

Please give an examples of Revenue recognition of Construction Comapnies

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vinodhini M
16 February 2024 at 17:10

EB line for land

Mr.K has paid new EB line deposit for his agricultural land. Is it is added to fixed asset value directly? will it increase the value of asset?
How to post entry for this

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vinodhini M
15 February 2024 at 10:15

Creation of ledger

Dear Sir,
I have created Insurance under deposits as it give a return without any fluctuation, but my friend is arguing that it will come under investment.
I have a major confusion regarding Insurance, that whether it comes under deposits or investments.
Kindly clear my doubt.

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