what is the need for accounting standard?

1 Answers  

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expand I R

1 Answers  

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going concern concepts

2 Answers  

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I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK

0 Answers   Genpact, Oracle,

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let me know the minimum Accounting Heads in an accounting system

0 Answers  

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Let me know the situation when is a transaction affects one side of accounting equation

1 Answers   ACS,

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what do you mean by suspense account?

5 Answers   AXA,

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Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

0 Answers  

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i dono how to calculate vat pls help me

5 Answers  

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what is 94c,94J,and 94I form meant for ?

11 Answers   CA, Chartered Accountant, RP, TTC, Vertex,

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if cash deposited in to bank what will be entry?

3 Answers  

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what is deferred revenue expenditure?

10 Answers   Capital IQ, EIS,

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