what will be the tratment if company is going to buy a new
plant/office . pls tell me how i consider all this
transction in tally ex. advance given to party ,
ragistration exp, stamp duty paid, finel payment made etc.
Answer Posted / narayan bhat
hi,
Purchase of Plant/Office will be Fixed Asset.
You have to capitalize theses transactions.
All the payments will come under Bank payments and total
amount including regn charges will be capitalised.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER
Time limit for payment of divident for listed limited companies & Unlisted public limited companies are? 30 or 45 or 60 or 90
how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you
Discuss the consistency concept in accounting
I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.
What is entry of Dishonored cheque issued to supplier
state (5) accounting concepts and give 1 example of each
a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?
x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?
Explain me bills receivable?
Can you name any other accounting application?
Do you know marginal cost?
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?
What are the four classifications of bad and doubtful debts as per the context of the bank?
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?