Answer Posted / v ondiveeran

As per Accounting procedure Account opening Means previous
year closing balance current year Opening balance.

Other wise New person intended the company that time
opening the New Account. All transaction entred in full
year after closing the transaction that is closing of
accounting.

What we have to post entry for payroll processing ? (Indian payroll)

2587

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Where do generally accruals appear on the balance sheet?

1109

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Do you know any other accounting application?

1014

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Can salary paid to promoters before incorporation be taken as a part of pre-incorporation expense? If yes how is the TDS part to be dealt with?

2638

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Tell me what does the standard journal entry includes?

4003

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What is the difference between the accrual accounting and cash accounting?

1069

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Dear sir, In tally what is list of cost centres? and what is the list of cost categories?

1914

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what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam

1861

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i want to know f form and how to use and how can purchase

1871

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What is purchase returns accounting

1095

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Explain fictitious assets?

1038

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Is buy or sale trade will impact on Nov? Yes/No Please explain.

1892

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Explain me do you think accounting standards are mandatory and why?

1116

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What is process of Vendor Reconciliation and which items will be Add and Less from ad per customer books likes step by step 1-Credit Note shown in vendor a/c but not booked in our a/c- Add or Less 2-Debit Note not shown in vendor a/c but booked in our a/c - Add or Less 3-Invoices not booked in our a/c but shown in vendor a/c- Add or Less 4-Payment booked in our books but not shown vendor- Add or Less If our balance is plus or minus rules is same. like 20000, (-20000) Sir, Provide your mobile n for clarify

1712

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Mention the types of ledgers?

1147

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