I am a Consultant accountant. At present I am useing Tally and EXNG accounting package for my day to day works. But many of traditional claints preffer to see on screen the cash book & ledger, like our traditional books . could any body suggest best sutable accounting package for traditional accountig.


sivarao

In what situations, a Balance Sheet may have Capital Account " Zero ".

Please assume it only in the case of unregistered individual concerns.....

Recently I came across the acronym - EBITDA which stands for "earnings before interest, taxes, depreciation and amortization"


The dictionary meaning of Amortization is - "The reduction of the value of an asset by prorating its cost over a period of years"


I would like to know how 'amortization' is different from 'Depreciation'as the above definition also holds good for depreciation.

Hi Friends,

Please guide me;

1. Quaterly incentives & bonus will be credited along with the employee salary. can anyone send me the format of salary slip.

2. Brief info on 80C & 80 D.

3. Tds % on directors Salary.

4. If Directors take classes, how should be the payment made, grouped,treated & enteries passed.

Thanks in advance

Sir,
I am working in Construction co. we have purchased land for development & as per slabwise received amount from the customers also. Now my query is- in tally how will I pass accounting entries for amount received from customers against booking of flat. Shoul I show under loans & advances till the possession of flat or I will open every customers flatwise ledger a/c under S. Debtors. Please explain throughly.

thanks,
Anjan S Mehta

hi all,

a fixed asset was purchased i.e.29.11.2006 but due dispute with bank the paper of that asset was not received till 10.12.2007 know the problem is that how to enter that bill in the books of accounts in 2007-2008 yr.

Wheather we can claim Deprication and other repair & Running expenses on that asste in this 07-08 yr of 06-07.

Thanks & Regards
Vipan Kumar

If the dividend is declared after the bonus issue of the shares then on what amount of shares the dividend will be declared in the absence of any information given in the example.

what is the accounting treatment for building fund paid by an financial enterprise carrying on the business of lending money to its association and also the membership fee paid to become a member of the association ?

Dear Sirs,
My name is Rohit Sharma, CA Final student,.. would be grateful to you if you could provide me with the accounting entries which we are required to pass in chit fund book keeping

Thanks a ton

Whether administration overheads are included or not for the valuation of closing stock of finished goods.
Please give a detailed explanation probably with an illustration . I also want to you to prepare a cost sheet for the illustration.
I thank you in advance and please help urgently