Inform me the name / details of construction / real estate accounting software for costing

S.K.Wallia

Inform me the name / details of construction / real estate accounting software for costing

S.K.Wallia

Dear Sir,
Our Institute is going to construct new building for starting a college. Amounts spent for this construction work will go under which heads in accounts. Should we maintain a separate account for this. Expenditure will be on geological survey and soil testing, architects fees, building materials, contractors charges, etc.
Thanks

Explain the terms

1. Time value of money
2. Appreciation of assets
3. Justation period


S.K.Wallia

HI,
THIS IS AGAIN SREEKANTH.CAN I GET ANY AMENDMENTS ABOUT PE2 GROUP1 CONDUCTING IN MAY 08 .PLZ, ABOUT HOW MANY ACC STANDARDS& THEIR AMENDMENTS ,ANY CHANGES IN COMP LAW/BUSSINESS LAW OR COMPANY AUDIT. PLZ TELL ME SO THAT IM GRATEFUL 2 U.

Hi,

My self is pushpa, I am working as a account assistance. i have one query abt capital. if we do not have any capital then how we show our capital in our return file?

Hi,

My self is pushpa, I am working as a account assistance. i have one query abt capital. if we do not have any capital then how we show our capital in our return file?

The Company is currently raising capital from Institutional Investors and has incurred, or is likely to incur various expenses such as,
- Payment made to an intermediary as commission
- Expenses incurred towards increasing authorized capital
- Stamp duty for agreements and share certificates
- Consultancy fees paid for carrying out due diligences on behalf of the investors
- Legal fees for drafting documents

We need to know the accounting treatment for the above expenses.

1. Should these expenses be charged off in the current year itself.
2. Are we allowed to carry them over as Differed Revenue Exp and charge off over say, 5 or 10 years?
3. Is the entire spend allowed as deduction in a single financial year, or even for Tax, one is only allowed a partial deduction? We would also like to know whether our treatment in Books of Accounts impact our tax claim?

Suppose the face value of shares is Rs10.
500 shares which were issued to A forfeitted for non payment of final call(Rs.2).Now reissued to B For Rs8 per share and Rs6 paid up. I want to ask about the amount that will be entered in bank a/c in reissue entry, will that amount is 500x8 or 500x6.

I would like to know how do i setup an accounting system for a hotel and resort business. what Kind of Ledgers etc. I need to create? Is tally a good choice or do i have a choice?