CA Shriram Deshpande

Dear Experts
We are a pvt ltd Company and are Distributer/Channel Partners for industrial products. We have receievd a Purchase order asking to issue a single invoice for both supply of goods & supply of service. GST Rate for both supplY of goods & service is same i.e. 18% . I would like to know whether we can issue a single invoice for supply of goods & service and how to account for the same in the books ? Thanks in advance


Sanjay
17 March 2024 at 21:07

Internal reconstruction Query

Hi Sir/mam.

Please clarify on surrender of shares
If debentures of 1 lakh and debentures interest of 20k are existing in balance sheet
And total claim of debentures reduced to 50k,
how would i know which part is reduced to which extent.


Mahabir Prasad Agarwal

Sir, please let me know the procedure to record B2B sales with entry with HSN and B2C sales entry without HSN ? I have tried my best but could not succeed. Is there any configuration problems which I could not understand ?


krishna jethe
14 March 2024 at 16:00

Saving bank

Sir,
Purchase is made through Saving & Payment is done by UPI & total of debit side saving a/c-16 lacs
Now how can treat this transaction in account books of Proprietorship firm.
Thanks..


new era nirman
12 March 2024 at 12:38

CAR RENTAL SERVICE

How to maintain car rental service accounts in tally
What expenses will have to be shown & under which head
I have 5 cars...4 driver
Somtime i hire car from vendor


Antony
09 August 2024 at 11:10

Issue of refunds

I have collected pre-publication charges and issued receipts to the customers. No invoice has been issued yet. Since the book cost is reduced, I have to refund the excess amount collected.
Kindly let me know whether I have to issue a refund bill and how the transaction is accounted in the books


Hemant Dosi

We are running a hospital of eye now we are going to expansion our hospital into multispeciality pls tell me as we are doing expenses regarding construction of building and other medical equipments all expenses should be under building a/c capitalised or we have to do other process lets me inform


rutuja prabhune
09 August 2024 at 11:10

Expenses Capitalising

A Pvt Ltd company is still in R & D and Prototyping phaze, so capitalising it's all expenses but in same phaze company received an order and ready to pay 100 % against PI,and sale is not yet done or booked (sale invoice), in this case can company still continue capitalsing expenses? And at exactly what stage company should stop capitalising R & D expenses i.e. when received PO, company raises PI, received money from customer, raises sales invoice or when actual sales, please guide 


Preet Bhati
05 March 2024 at 00:58

Financial statements Balance sheet

"Creditors for expenses" will appear under which head and sub head of balance sheet?
Will it be under sub head of "trade payable" or sub head of "Other current liabilities"


CYNTHIA

Hi everyone,

What does income from District treasurer means which is received from Vadodara and reflected on the credit side of bank statement. What does it means and what will be the Accounting treatment.

Thanks






CCI Pro



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