We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.

1511

What are the fictitious assets?

1161

What do you think is a bank reconciliation statement?

1109

What is the basic difference between pledge, hypothication and mortgage????

2344

what is the minimum & maximum amount paid by company per day

2169

Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

2684

Have you ever heard about tds, what it is?

1142

what is tax deducted at source

2356

can the gl period be closed when there are unposted journals in the period? What error will it give?

479

What is the difference between a provisions and reserves?

1106

Do you think there is any difference between inactive and dormant accounts?

1231

What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?

1292

DEfine SAP

2133

How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?

1974

I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

1840