Interested to Buy Any Domain ? << Click Here >> for more details...
What is Inter Company Reconciliation?
- 13 Answers
- 114891 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
A Norwegian Company rents some equipment to a customer in India. The Norwegian Company does not have an office in India. The new tax regulations make in mandatory for them to furnish a PAN number without which a with holding tax will be deducted. The Norwegian company will be paying tax on this rental income in Norway. India and Norway have a Double Tax Avoidance Agreement. I wish to know 1) Is it possible for the Norweigian company to avoid the with holding tax in India?
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?
th point in when will details wil get filled in ER1 2a and 2B?capg
when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com
professional tax rate
Dear Sir, we have purchased Poly Covers ( 360mm x 560mm)for raw material use.This Input vat claim it or not ?
if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?
sub hadding no. scrap & Wastage in corrugated box
please tell me friends what are the formats of excise return and vat return?
what diff. between Account ,Commerce and Finance?
which is the first liability for pay Service Tax to GOvt
What is DSCR and how to calculate the same.
Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days
we have sale material to party and freight paid by us. This freight charged in sale invoice than what is the entry of service tax in this case.
