Answer Posted / rajesh

Procurement to Pay process is one of the major business processes. Following documents are generated during the process:
1. Purchase Requisition
2. Quotation of items needed from Vendor
3. Purchase Order
4. Delivery Note from Vendor
5. Invoice from Vendor
6. Goods Receipt note
7. Check disbursement for payment

What is creative accounting?

1239

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What is meant by turnover?

1114

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If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?

1177

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Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?

1950

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what is differnce between balance sheet of a bank & a company

2104

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What is the purpose of financial statements?

1102

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In accounting, how do you define the premises?

1318

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Do you know overhead in terms of accounting?

1144

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What entry to be passed for Duty draw back as receivable

1996

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What are the important things to be remembered while preparing a bank reconciliation statement?

1150

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How to pass an general entry for materials which are stored in warehouses??????

2339

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please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com

1994

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Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.

2228

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What does the financial statement of the company include?

1170

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What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?,

1993

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