Aurobinda Mohanty (ACCOUNT.EXECUTIVE) (25 Points)
18 November 2011DEAR SIR,
Kindly provide me some idea about book keeping of a rice mill.What are the key areas and taxation of a rice mill.
Regards
Aurobinda
praveen kumar devarapalli
(Managing Director)
(361 Points)
Replied 07 January 2012
In the following areas are important in rice mill.
Raw material is paddy out puts are 1. Raw Rice, 2. Broken Rice, 3. Rice Brawn and Husk
Inportants are
1. Stock Report - current stock shall match with yielding statements. out of raw rice is 2/3 portion of raw material.
2. Accounting entries - purchase sale
3. Taxation points
Regards
Praveen Kumar
+ 91 92 46 46 59 69
CAclubindia
