Accounting entry

Page no : 3

naresh mody (Accountant) (52 Points)
Replied 29 February 2012

Hi, Mr. Subrmanya, very much thankful for the input with regard to Stock-in-trade

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Shaik ( M.com,IC(W)AI - Inter) (723 Points)
Replied 29 February 2012

Dear Sir,

You need to make entry for full invoice (+ service tax, if you are aplicable to collect ) and Receipt to be done Rs. 4000. remaing amout 'll be showen as balance that would be recovered as per your agreement.

In TAlly ERP follow the link ,

https://mirror.tallysolutions.com/Downloads/TallyPDFs/BAP/Implementation%20of%20Service%20Tax%20in%20TallyERP%209.pdf

Kashif Khan (Senior Financial Analyst/ Web Developer/Illustrator/Social Activist) (78 Points)
Replied 29 February 2012

Thanx Mr. Shaik ,, realy helpful link, i wil apply as guided.

as the prblem arises, plz further help, thnx one more tym,

hav a gd Day,

take care.

JAZAAK ALLAH

MAHENDRA KANTILAL TITA (Account Executive) (131 Points)
Replied 07 March 2012

Hello Every One......

As per my knowledge Entry shpuld me made whichever is come first or proof of delivery or service of delivery.

Say Example. :

Mr. A Purcahse goods from Mr.B and he received the Challan on 07.03.2012 means actual delivery of goods is on 07.03.2012 so accountung entry must be as per challan dt. i.e. 07.03.12 and if bill received after march say in April 2012 then what happend will Mr. A make entry in April 2012 ? No. he must do entry on 07.03.2012 as it is a proof of delivery of Goods / service..

Thanks..........

naresh mody (Accountant) (52 Points)
Replied 07 March 2012

cud any on one provide link for down loading form 16 in excel format. this is because to issue Certificate to those who are not covered under any slab still require form 16.

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CA Chirag Mehta (CA) (36 Points)
Replied 18 March 2015

Have a problem in service industry related to posting enty on accounts books.Can i post entry basis on bills recived or have to do only bill dated. Please guide me, thanks to all.

CA Chirag Mehta (CA) (36 Points)
Replied 18 March 2015

Have a problem in service industry related to posting enty on accounts books.Can i post entry basis on bills recived or have to do only bill dated. Please guide me, thanks to all.