Accounting entries and heads for construction co.

What are the accounting entries and accounting heads for various expenditure in a construction company? Following is the list- 

1) Amount paid to Contractor 
2) Amount paid to owner of Land as advance for constructing on his land and later adjustable against some portion given to him 
3) Staff for supervision 
4) Security guard 
5) Various approvals for building 
6) Municipality fees 
7) Material purchased

 
Replies (3)

how can we learn construction accounting in tally step by step ( assignments)

 

its indas, it falls under revenue recognition. If it is AS follow construction contract because they have a contract asset and these dont have and something simple like that. Tell me your standard and Ill get back to you. 

how can we learn construction accounting in tally step by step

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details