Answer / joginder singh

Evaluated Receipt Settlement (ERS) is a methodology that
eliminates the supplier invoice from the procurement-to-
disbursement process. It is also called auto-payment, and
utilized a two-way rather than a three-way match. It is
most commonly used in the manufacturing industry between
established trading partners. In an ERS transaction, the
supplier issues an advanced shipping notice (ASN) based on
a purchase order or contract from the purchaser, then ships
the goods. The purchaser, upon receipt of the shipment,
confirms it against the purchase order, verifies the items
and quantity and pays the supplier. Fundamentally ERS
determines disbursements based on purchase orders and
receiving information. ...

chq. of ICICI received from big jos of rs. 35000/- for credit sale bill no. S/01 andBill no. S/03

1 Answers  

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HOW PASS A TDS DUE ENTRY

2 Answers   MTS,

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What is the Entry of A Demand Draft is prepared for rs.4500 from UTI bank after bank charges?

6 Answers   LG Soft,

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what is difference among credit, loan, advance

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0 Answers   HP,

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Which of the following errors are not revealed by the Trial Balance: (a) compensating errors; (b) errors of commission; (c) wrong balancing of an account; (d) wrong totalling of an account

0 Answers  

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Suppose a person is paid @ Rs.1 Lac Per Month for 2 months by the Owner/Director prior to the Company's incorporation for Managerial work and that person continues to work with the Company . Is the Director liable to deduct TDS on his Employee's Salary before incorporation also? And when the Company is incorporated after 2 months, Is it possible to show this expenses as Pre-incorporation Expenses?.What would be treatment for Salary Paid and TDS Deducted when the Company is incorporated? How will we give TDS Certificate to the Employee at the end of the Financial Year?

1 Answers   TCS,

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Company purchase software what is the journal entry or software a/c under which department in tally

1 Answers   Godrej,

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4- What do you mean by journals and journalizing?

1 Answers  

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what is consignment entry?

0 Answers   Genpact,

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i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make jv entry?

7 Answers  

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whois invitied a accounts

1 Answers  

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