Please provide some best AI tools for Accounting and Taxation, Like EPF and ESI Etc.

whether EPF will be deducted on basic salary if More than 15,000 by employer on above 15,000 amount or only on 15,000 and also EPF deduction is compulsory to deduct if basic salary is more than 15,000.

can any one provide formula for calculating EPF and ESI in excel for employer and employee both.

I have currently started working in transport (freight) company. I have to make a legder of a prticular truck and have to do enteries in it from their ledger rgister. The took service from some mechanic. So how can I book this in tally erp system and which head should I DR and what should I need to CREDIT?

is Gratuity provision made yearly basis and Gratuity allowable on Paid basis under section 43B before filing of ITR of income Tax.

Installation of life line rope at rooftop will it be considered as capex or opex

Salary A/c Dr. ( Cost of the Company)
To Employees Contribution to EPF Payable
To Employer Contribution to EPF Payable
To Employee Contribution to ESI Payable
To Employer Contribution to ESI Payable
To Gratuity Payable
To Professional Tax Payable
To TDS Payable
To Advance Adjustment against Salary
To Salary Payable
is mandatory to separately show Employees and Employers contribution of EPF and ESI Payable in books of Accounts.

is Gratuity calculated on Monthly Basis and Deposited it Monthly Basis
what is method of calculation of Gratuity and Bonus.

hello

Partnership firm whose turnover up to 100 crore is required to prepare vertical balance sheet from F.Y 2024-25 onwards???

How to make Debtors and Creditors Reco.
What to add In Debtors and Less Creditors
What to add in Creditors and Less Creditors
If Transaction involves
Sale - Purchase
Payment -Received
Discount Given- Discount Received
TDS paid - TDS Receivable
Round off.