Submitted Questions

  • what is the process flow for general ledger ?

    Harish

    • Aug 14th, 2017

    Hi Pk, we cannot charge depreciation on Land, as we cannot ascertain the useful life of land (exceptions are mine and quarries). Depreciation is (value of asset - residual value at the end of useful life)/ Useful life.

    Surajit Palley

    • Aug 3rd, 2017

    General Accounting is the mainstay of any Finance and Accounting process. For financial information to be reliable and accurate.