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Key areas of accounting of a rice mill

A/c entries 5024 views 2 replies

DEAR SIR,

Kindly provide me some idea about book keeping of a rice mill.What are the key areas and taxation of a rice mill.

Regards

Aurobinda

 

Replies (2)

In the following areas are important in rice mill.

Raw material is paddy out puts are 1. Raw Rice, 2. Broken Rice, 3. Rice Brawn and Husk

Inportants are

1. Stock Report - current stock shall match with yielding statements. out of raw rice is 2/3 portion of raw material.

2. Accounting entries - purchase sale

3. Taxation points

 

Regards

Praveen Kumar

 

+ 91 92 46 46 59 69

Sir, Delhi ya Faridabad me Accountant ki job batao


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