Interested to Buy Any Domain ? << Click Here >> for more details...
Is it possible to change the accounting period under Indian
GAAP from 1/Apr-31March to 1/January-31/December?
There is any restriction in doing that, i mean for example
for fisal purposes?
Thank you all!
- 3 Answers
- 5552 Views
- I also Faced
- E-Mail Answers
Answer Posted / tapan
According to IT ACT you cannot change your Accounting Year but in case of ROC you can change the Accounting Period i,e 1st January to 31st December
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
If a prospective client kept presenting you with excuses not to buy, what would you do?
Mention the types of accounts involved in double entry book-keeping?
when receieve cheque from a party and we deposite cheque in bank how do this entry
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000
purchase plant and machinery
How the Depreciation will calculate in Company?
what is the amount withdrawlfrom other cbs branch by multicity chequ book.
Tell us do you have any professional experience of this field?
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
What is full rate on plywood box in haryana sale tax:
Spinoff,Spelloff
1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
How much mathematics knowledge is necessary or required in accounting?
What is the difference between depreciation and amortization?
