What is Inter Company Reconciliation?
Answer Posted / uday mantur
Just to put in simple words about the Inter comapny
reconciliation process, it is a reconciliation between the
recievables and the payables among two branches of a
company to make sure there is no cash loss within the
Business entity and to make sure if they have any
discrepancies, the reason for the difference. Also Inter
company reconciliation keeps a record of the financial
status of a branch updated on a given period.
Is This Answer Correct ? | 53 Yes | 7 No |
Post New Answer View All Answers
Can we use ST-38 outward form for a sale of Rs-100000/- with in the state i.e haryana
What is RITC under UP VAT. and How it is calculated.
Why service tax payable is not considered while calculating Wct Tds.
Is there any change in the section 80DD for the financial year 2009-10
what is the difference between vat 100 and vat 120?
witch taxes are calculate in CENVAT for Gold ornaments ?
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
What is Stock Reconciliation Statement , why we make the Stock Reconciliation Statement.
Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?
The company has to pay transportation charges for transporting its materials. The company has not remitted the TDS on the same within due date. Is this expenses to be disallowed in STI. This expenses is directly considered on valuation of closing stock.
plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..
if any civil contractor provide service to education institute, then there is an exemption for service tax liability, and he should be quoted it on its invoice, can u provide me sample invoice formats
what about WCT (Work Contract Tax)
Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?
is it necessary to use form38 in UP for purchase of goods from outside UP @5%CST Tax