What is Vendor Reconciliation and how is it done ?
Answer Posted / md musaquim alam
A vendor reconciliation account is a balance sheet account found in the general ledger. This account is used to summarize the transactions found on the accounts payable sub-ledger and is also referred to as a control account.
| Is This Answer Correct ? | 0 Yes | 9 No |
Post New Answer View All Answers
We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?
define double entry bookkeeping
What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.
I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.
Who is an assessee?
How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?
what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
can i adusted our vat credit in W.C.T. payable?
Daily announced price of Gold. this price is included vat ya without vat. pls give me solution.
if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)
How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax
The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.