what is Inward & outward remittances

Answer Posted / chetan

Inward remittance is foreign receipt
Outward remittance is import payment

Is This Answer Correct ?    21 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI

1610


what is cost center & cost categories in tally

1869


What is definition of a cash float in accounting?

686


what is casual receipt? is it exmpted in income tax?

3363


what are voucher entries for EPF treatment in tally

1647






how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

1136


What do u mean by press releases

1613


My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance

1425


Which accounting application you prefer most and why?

693


salary payable deduct tds entry

1108


what role did you play in collections?

631


cash with drawn from bank with issuing self check vide ch no.123456 how to enter in sap. please send answer anyone this is very helpful to me

1795


What is double-entry accounting? Explain with an example?

648


What are accounting entities?

619


what is difference between budgeting and Forecasting

1214