Answer / Avdhesh Kumar Verma

An Automatic Payment Program (APP) is a system that allows for recurring payments to be made automatically from the payer's account to the payee's account. This program eliminates the need for manual payments and helps ensure timely payment of bills, subscriptions, or other expenses.

Hi all, can anybody help me with the mutual fund (AMC)accounting. I would like to know the accounting entries for subscriptions (premium/discount), redemptions (premium/discount), fund expenses, buying/selling securities by the fund and other fund management related accounting entries.

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How we can apportuin the prepaid ex., example for jouran voucher

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Suppose salary of march paid in april then what are the entries to be made in Tally in march and april and salary payable ledger to be created under which group? and salaries to staff ledger to be created under which group? What will be the journal voucher entry and payment voucher entry?

1 Answers   TCL,

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what is depreciation ? and its entries ?

8 Answers   Genpact, HC, HCL, HP, TCS,

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Why company use sap?

1 Answers  

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matching concept

2 Answers   Capital IQ,

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What is the entry for closing stock value reduction?

1 Answers   ICICI, ICS Integrated Computer Solutions,

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What do you think is a bank reconciliation statement?

1 Answers  

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An estimate of assets and liabilities on a given date a)Balance sheet b)statement of affairs c)statement of assets d) statement of liabilities

2 Answers   APCPDCL,

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please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?

1 Answers  

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usualy what they are expecting source of knowledge while in interview

2 Answers   MAHINDRA,

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What is sweep account

2 Answers  

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