Interested to Buy Any Domain ? << Click Here >> for more details...
IN ONE OF THE MAUNUFACTURING COMPANY, THE MANAGMENT WAS
VERY MUCH INTERESTED TO INTRODUCE ERP(IT IS FOREIGN
SOFTWARE)BASED ON SOME ATTRACTIVE FEATURES EXPLAINED BY THE
ERP SOFT WARE COMPANY/AGENCY . THE ACCOUNTING STAFF ARE ALL
CONVERCENT WITH TALLY ACCOUNTING PACKAGE(INDIAN ACCOUNTING
METHOD). THEREFORE THEY WOULD LIKE TO KNOW THAT (I) WHAT
ARE THE DIFFERENCE BETWEEN A TRIAL BALANCE FROM NORMAL
TALLY ACCOUNTING AND ERP GENREATED TRIAL BALANCE (2) SINCE
THE BOTH THE TRIAL BALANCE WILL BE HAVING DIFFEERENT DATAS
HOW SOME ONE CAN MAKE A FINAL ACCOUNT SUCH AS TRADING A/C
PROFIT & LOSS ACCOUNT AND BALANCE SHEET AS PER INDIAN
COMPANIES ACT. THE TRIAL BALANCE AS PER ERP SHOW SOME COST
OF PRODCUTION A/C, LABOUR/MATERIAL/VALUE VARIANCE A/C. SAY
ALL THESE VARIANCE ARE CORRECT AND BASED ON THE ACTUAL
TRANSACTION TAKEN PLACE, HOW SOMEONE CAN A FINAL ACCOUNT
MEANT FOR INDIAN ACCOUNTING POLICY WHICH TO BE SUBMITTED TO
VARIOUS GOVT BODIES? I AM TOTALLY CONFUSED
- 1 Answers
- 3612 Views
- I also Faced
- E-Mail Answers
Answer Posted / devadaswarrier
ENLIGHTEN ME BY TELLING HOW TO MAKE FINAL ACCOUNT BASED ON
INDIAN ACCOUNTING POLICY FROM AN ERP GENERATED TRIAL
BALANCE WHICH SHOWS COST OF PRODUCTION, VERIOUS VARIANCE
ACCOUNT, WHEREAS IT IS NOT AT THERE IN A TALLY GENERATED
NORMAL TRIAL BALANCE
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
WHICH QUESTIONS ASKED IN EPFO IN 2009.
Explain which account is responsible for interest payable?
Describe me accounting rules
Sir, I want to know about Entry Tax. I purchased the Packing Box from other state.the entry tax on the packing items is 5 %.but now sale tax deptt. close the entry tax on barrier. the tax will be deposited with return. sir we want to know can i deposit this entry taxon on CST challan or not. if not then how can i deposit, or which cloumn in return shown this amount. please send the return format my mail ID is happynlg@gmail.com
Do you know company's payable cycle?
what is apply SI post
Mention what are things will not be included in a bank reconciliation statement?
List out the stages of double entry system?
Define depreciation and its types?
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent
HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.
sir i want know how to fill vat return
What is an Automatic Payment Program ?
Other accounting interview questions to expect when you interview for an accountancy job include:
