can interest rate swaping in case of borrowed fund will be covered by AS-16 or not.

Our company gives commercial building for rent. We raise invoices towards rent for the next month in current month i.e., one month before actual earn.

Is it require to exclude the invoice amounts raised in march for the month of april from the books of accounts.

If we got a bil for professioan service for the year 2007-08 in August, 2008 for 1 lac.Should provision made in the Balance Sheet of March, 2008? If we do so TDS have to deducted and we have already filed the TDs return.
Can i just make a provision in last year and deduct TDS in cuurrent year or provision can be made in current date?

Please guide in detail.

We have paid 1000$ to our employee for his foreign trip by purchasing with exchange rate of Rs.42/-. After his trip, he has submitted TA bill and returned $200 to us and we submitted the same to bank @Rs.40.What we have to do with this Rs.2 X 200=Rs.400 foriegn exchange loss.

What is the definition of arms length transaction? Is physical transfer of money a must in an arms length transaction?

Please can anyone tell me what is the exact meaning of Leasehold improvements and give some examples for it.

sir i m doing ca fianl& can u tell me the good teacher of accounts in mumbai & delhi

can Insurance on newly purchased vehicle to be capitalised?

Dear All,

I am 1st class B.COM WITH TOTAL 5 YEARS OF EXPERINCE IN FINANCE & ACCOUNTS IN PUNE.
ACTUALLY I AM TRYING TO CHANGE MY CURRENT COMPANY FOR THE LAST SIX MONTHS. I HAVE ALSO ATTENDED LOTS OF INTERVIEW FOR THE LAST SIX MONTH. I HAVE REGI ON ALL JOB WEBSITES. BUT STILL I AM NOT GETTING SOME GOOD PROFILE WITH GOOD COMPANY.

MY PROFILE IS AS FOLLOW:



CURRENT Job Profile: -


Ø Processing Salaries for the Regional staff i.e. Permanent & Temporary both.

Ø Cost Center Accounting (CCA): Organization, Customizing and Maintenance.

Ø Preparation of accounting schedules required for accounts finalization.

Ø Preparing Bank Reconciliation’s Statement on daily basis.

Ø Payment & Reconciliation of ESI & Professional tax liabilities.

Ø Processing & Reconciliation of Petty Cash Account for the Entire region.

Ø Preparation of MIS reports to provide feedback to top management on financial performance.

Ø Preparation of P & L for Salary & Expenses.

Ø To keep watch on bank inflow & outflow, & accordingly make projection for next day.

Ø Verifying, Processing, & recording Travel advance requests, Employee claims, Payment requisitions.

Ø Expenses booking of all the Branches for the Entire region.

Ø Recording of routine accounting transactions in the accounting system, such as Cash, Bank & journals etc.

Ø Tracking the total outstanding of the company on a daily basis.

Ø Maintaining and monitoring of Fixed Assets Register.

Ø Looking after Full & final settlements of employee.

Ø Ensure timely payment to Vendors & landlords as per agreement or payment terms.

Ø Follow up with Bankers for reversal of Bank Charges and Interest charged.

Ø Ensure timely & accurate Closing of accounts by due dates.

Ø Coordinating with auditors for the Finance & Accounts Audits & solving their queries.







PREVIOUS Job Profile : -



Ø Monitoring BRS for Reconciliation of Bank balances involving active co-ordination with Bank authorities.

Ø Maintenance of Cashbook, Party ledger, & other General Ledger.

Ø Responsible for Account Payable and Account Receivable.

Ø To Calculate & Pay Professional Tax of all employees on monthly basis.

Ø Payment of all Expenses within due date & with prior verification.

Ø Interacting with Stock Exchanges & Clearing Houses for settlement mechanism & acting for “Pay-Out” & “Pay-In” of Funds.

Ø Issue of Debit Notes & Credit Notes.

Ø To Enter Receipt & Payment Entries in System.

Ø Day-to-Day verification of Party Ledger Trial balance & follow up for Dues from Parties.

Ø Responsible for Funds Management & all Banking transaction of the Company.

Ø Verification of Petty Cash Expenses.

Ø Handling Queries of Internal & External auditors pertaining to Accounts.

Ø General Office Administration at H.O.




FIRST Job Profile:-



Ø Preparation of Bank Reconciliation Statement

Ø Reconciliation of Cash Management Services (CMS) for Mice. Clearing cities

Ø PIS, Dishonoured and Bank Charges accounting of branches into H.O System.

Ø E-mail and follow up with branches for Debit \ Credit details of Reconciliation.

Ø NOC Issuance to Hirer's.

Ø Data loading For Insurance Renewals into H.O. System

Ø Verification of Cash Register’s / Expenses of Branches

Ø Customer handling and solving queries of Customer's / Hirer's.


PLEASE TELL ME WHAT TO DO TO FIND THE JOB ON IMMEDIATE BASIS.

Professional Experience: - Total 4.11 years Experience in Finance & Accounts


MAY 2006 – Till Date: - KARVY STOCK BROKING LTD.
Law College Road, Pune- 411004.

Designation: - Accounts Officer.

Job Profile: -

Ø Processing Salaries for the Regional staff i.e. Permanent & Temporary both.
Ø Cost Center Accounting (CCA): Organization, Customizing and Maintenance.
Ø Preparation of accounting schedules required for accounts finalization.
Ø Preparing Bank Reconciliation’s Statement on daily basis.
Ø Payment & Reconciliation of ESI & Professional tax liabilities.
Ø Processing & Reconciliation of Petty Cash Account for the Entire region.
Ø Preparation of MIS reports to provide feedback to top management on financial performance.
Ø Preparation of P & L for Salary & Expenses.
Ø To keep watch on bank inflow & outflow, & accordingly make projection for next day.
Ø Verifying, Processing, & recording Travel advance requests, Employee claims, Payment requisitions.
Ø Expenses booking of all the Branches for the Entire region.
Ø Recording of routine accounting transactions in the accounting system, such as Cash, Bank & journals etc.
Ø Tracking the total outstanding of the company on a daily basis.
Ø Maintaining and monitoring of Fixed Assets Register.
Ø Looking after Full & final settlements of employee.
Ø Ensure timely payment to Vendors & landlords as per agreement or payment terms.
Ø Follow up with Bankers for reversal of Bank Charges and Interest charged.
Ø Ensure timely & accurate Closing of accounts by due dates.
Ø Coordinating with auditors for the Finance & Accounts Audits & solving their queries.


AUGUST 2005 to APRIL 2006: - KAYNET FINANCE LTD (H.O), Deccan,
Pune - 411004.

Designation: - Accounts Executive.

Job Profile : -

Ø Monitoring BRS for Reconciliation of Bank balances involving active co-ordination with Bank authorities.
Ø Maintenance of Cashbook, Party ledger, & other General Ledger.
Ø Responsible for Account Payable and Account Receivable.
Ø To Calculate & Pay Professional Tax of all employees on monthly basis.
Ø Payment of all Expenses within due date & with prior verification.
Ø Interacting with Stock Exchanges & Clearing Houses for settlement mechanism & acting for “Pay-Out” & “Pay-In” of Funds.
Ø Issue of Debit Notes & Credit Notes.
Ø To Enter Receipt & Payment Entries in System.
Ø Day-to-Day verification of Party Ledger Trial balance & follow up for Dues from Parties.
Ø Responsible for Funds Management & all Banking transaction of the Company.
Ø Verification of Petty Cash Expenses.
Ø Handling Queries of Internal & External auditors pertaining to Accounts.
Ø General Office Administration at H.O.


SEPT. 2003 to APRIL 2004 :- BAJAJ AUTO FINANCE LTD (H.O), Akurdi,
Pune - 411035.

Designation: - Trainee (Accounts Dept)

Job Profile:-

Ø Preparation of Bank Reconciliation Statement
Ø Reconciliation of Cash Management Services (CMS) for Mice. Clearing cities
Ø PIS, Dishonoured and Bank Charges accounting of branches into H.O System.
Ø E-mail and follow up with branches for Debit \ Credit details of Reconciliation.
Ø NOC Issuance to Hirer's.
Ø Data loading For Insurance Renewals into H.O. System
Ø Verification of Cash Register’s / Expenses of Branches
Ø Customer handling and solving queries of Customer's / Hirer's.