Interested to Buy Any Domain ? << Click Here >> for more details...
What is Inter Company Reconciliation?
- 13 Answers
- 115355 Views
- Aditya Birla, Ernst Young, Infosys, TCS, Thomson Reuters, I also Faced
- E-Mail Answers
Answer Posted / chandra kumar.m
Intercomany reconciliation is reconciling between the two
branches of the same company located in multiple locations.
where as one branch acts as seller to other branch when
some product is moved from Branch A to B branch.
Eg:- when Branch A sends some products to Branch B then in
this case. Branch A becomes the seller and Branch B becomes
the purchaser.
Hence we need to reconcile between these two branches to
ensure the right figures appear on the financial statments
to the management
| Is This Answer Correct ? | 326 Yes | 19 No |
Post New Answer View All Answers
How many types of vat categoryplease tell me all type of vat categories..............
OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?
HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE
How is income tax calculated?
what do you mean by cenvat? and in which is liable?
How do you determine as to what TDS has to be deducted from each vendor supplying us the goods and doing labour work?
how to file returne?
HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.
Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?
WHAT IS COMPOSITION RATE IN Andhara pradesh SALES TAX?
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.
professional tax rate
What is Vat and how it is adjustable with input vat and what return form required for DVAT?
What is c.s.t slab on furniture & fixture ?
