Latest Answer: Aging dates is a age of your owes to the supplier of purchased goods or service in credit.Date of closing 30 June 2007. Received invoice for purchase the goods dated as 25 June 2007, so during the closing time 30 June 2007, the aging will be 5 days. ...
Latest Answer: Accounts Payable, Working Capital Requirement, Accounts Receivable ...
Latest Answer: Bank Guarantee is the guarantee of payment by bank on behalf of the customer of the bank to the drawee in whose name the guarantee has been issued. ...
What documents are required before verifying invoice? what is the process if the supplier passes an invoice for more amount?
for ex: if the value of the goods is say Rs.5000,and the supplier sends the invoice for Rs.6000.
Latest Answer: Yes it is possible, payment made as a advance payment as per purchase order terms and conditions, by enter in F-53 and later clear it with make entry in F-44. ...
Latest Answer: CTC which means Cost To Company it includes what we are getting the benefits from the company E.g. Basic+HRA+PF+Performance incentives.Provident Fund company contribute the half of the amount it is indirect benefit of employee and employee contribute ...
Latest Answer: Every Company has different pay scales according to the HR Policy. It may differ for different positions and acording to education and experience. These are called Pay Groups. ...
Goodwill is an intangible assets. it is exist in business.
Latest Answer: Goodwill is a reputaion of the organisation and it will appearing in assets side of the balance sheet. It can be value based on diff- type of method based on financial statement of the company. ...
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