What is Vendor Reconciliation and how is it done ?

Answer Posted / divya

Reconciling your vendor statements allows you to ensure that there are no mistakes or inaccuracies between what the vendor is charging you and the inventory, services or supplies you received. Statements typically arrive around the same time each month.

Is This Answer Correct ?    11 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?

1748


Explain the procedure to calculate provident fund, esi, vat and sales tax.

691


how many sale tax charged on the billing for central dealer by uttar pradesh dealer at furniture items ? & how many sale tax charged for u.p. dealer by up dealer ?

1647


Who are non resident?

692


if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount

1462






how to calculated all taxes their information in details

1841


Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.

1745


I MR A REGISTER DEALER IN MUMBAI [MAHARASHTRA], I WANT TO PURCHASE GOODS FROM BANGLORE AND DIRECTRY SALE TO HYDRABAND. IN THIS CASE WHO TO MAKE / PREPARE MY SALES BILL IN MUMBAI AND WHICH SALES TAX FORM I WHAT TO ISSUED.

1553


what is deemed sales? how to calculated

1762


how to pass service tax reverse charge entry pass in books

3033


IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.

1934


What is income tax? How is it calculated?

653


Hellow this is ravindra wanted to know about excise duty rates pls suggest

1485


Rules for filling Income Tax return for a MNC?

1637


How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)

1543