dear expert,
can u provide me information about ECB ( External Commercial borrowing , if u have in detail, how this facility one can avail and what is its requirement to fullfil.

As person has taken applied for leave encashment in the month of March-08, but has got sanctioned in the month of April-08 and payment was also disbursed in the April-08.

Now my question is that -

Whether it should be booked as liability in the month of March-08 by booking as expense for march-08, or it should be booked in the month of April-08 as expense.

If it booked it in the month of march-08, whether company is liable to deduct tax in the month of march-08 itself.

and finally, when it will be taxable in the hand of employee, in the previous year 2007-08, or in the previous year 2008-09

kindly reply.

What do we mean by Liaison office set up In India.Explain in detailed manner with example.

I have a querry , IT goes like this:

Can a company adopt a policy to write off all the fixed assets below 40000/- ? or whats the basis of fixing the materiality in writing off the Fixed assets and is it covered by any section under Companies Act

Dear

Any one can provide me a format of Comprehensive salary sheet?

Thanks & Regards
Rohit Boraniya

HI ALL

I AM 26 YEARS OLD HAVING 4.5 YR EXPERIENCE IN ACCCOUNT DIVISION OF 3 FINANCE COMPANIES.

MY PROFILE IS AS FOLLOE:

Ø Processing Salaries for the Regional staff i.e. Permanent & Temporary both.
Ø Cost Centre Accounting (CCA): Organization, Customizing and Maintenance.
Ø Preparation of accounting schedules required for accounts finalization.
Ø Preparing Bank Reconciliations 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.


How much salary i am suppose to get in pune city ?

please tell me compliance of AS 15(revised 2005) in case company does not have a fund and employees are less than 50 and actuarial valuation is not possible for the company and company is unlisted

please tell me compliance of AS 15 (revised 2005) in case company does not have a fund and employees are less than 50 and actuarial valuation is not possible for the company and company is unlisted

Please ans the following 1)whether goodwill is required to be calculated every year(assuming no change in % of holding) 2) For the purpose of calculation of goodwill, whether value of investment will be converted at closing exchange rate or it will be at purchase cost only(company having all foreign subsidiary). 3)if company puchased share in differnt date than how goodwill be calculated(assuming on the first acquisition holding subsidiary relation established)

Dear member,

please send me the pf calculation working in Excel format...

regards

ahmed