Answer Posted / ilyas

Pf is calculated on Basic+DA @12% example if basic salary
is 4000/- and DA(dearness Allowance) is 500/- then pf is
(4000+500)*12/100 = 540/- is pf

Mention what is bank reconciliation?

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What is process of Vendor Reconciliation and which items will be Add and Less from ad per customer books likes step by step 1-Credit Note shown in vendor a/c but not booked in our a/c- Add or Less 2-Debit Note not shown in vendor a/c but booked in our a/c - Add or Less 3-Invoices not booked in our a/c but shown in vendor a/c- Add or Less 4-Payment booked in our books but not shown vendor- Add or Less If our balance is plus or minus rules is same. like 20000, (-20000) Sir, Provide your mobile n for clarify

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Do you know public accounting?

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