What steps to be taken at the time of implementation of
Oracle ERP and please give the chart of accounts and links
to be given
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Answer Posted / h.s.sarda
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i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
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what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c
