Printing e-Waybill or e-Statutory Forms for AP VAT Dealers
After you have generated either the CST Waybill, VAT Waybill, C Form, F Form, or H Form through the Online Generation Process you have to take the Print Out of the same using the Re-Print Form page from the Andhra Pradesh Commercial Taxes Department website. Once again login to your VAT Dealer Account with your […]
How to Cancel a Demand Draft from Bank?
Cancellation of a Demand Draft (DD) will be processed by Bank Officer based on the certain guidelince issued by the Reserve Bank of India and some internal verification procedure. Whenever we wanted to cancel a DD either it was drawn using the Cash or with a Account Payee Cheque, you need to contact the Branch […]
How to Handle Bank Overdraft (OD) Account Ledger Issues in Tally ERP 9?
Tally ERP 9 supports to operate the transactions of various types of Bank Accounts like Current Account and Over Draft Accounts. Most of us know the procedure for entering transaction in Tally for Current and Savings Bank Accounts. But what’s the matter about the Bank OD Account Payments and Receipts entry? How the Tally Software […]
Is shipment to any Village possible in India?
It is completed to communicate the business information with village people receding in hamlets and villages located in remote areas in India. These villages are unaware of the Technology available now a day to get the information through electronic mail (e-mail) with the help of Internet. Few of the business people would have dealers in […]
Effective usage of Tools in Blog Post Editor for Fast Editing
Drafting a Post in Blogger is quite simple as you typing the text in Text Editor Software. The Post Editor interface has provided a toolbar just above the Text Area, if you choose the Compose Mode of the Post Editor. Using this toolbar you can change the Font Type, Style and even color. This is […]
Why International Accounting Standards are framed?
Enterprises are willing to toddle (walk) down to the Global Market and want to reach their products and services to the Global Customers, as well inviting the Global Investors to invest in their company. An organization follows certain Accounting Standards notified by the Government of the corresponding countries. In order to attain the capital beyond […]
How many effective Accounting Standards are there issued by ICAI?
The Council of ICAI has been issued 32 Accounting Standards so far. AS 8 which pertain to “Accounting for Research and Development” has been withdrawn consequent to the issue of AS 26 on “Intangible Assets”. Thus effectively, there are 31 Accounting Standards at present. The following are the mandatory Accounting Standards as on July 1, […]
Benefits and Limitations of Accounting Standards – IPCC Group 1 (Paper 1)
Accounting Standards aims to disseminate the true information about financial position and profitability of an enterprise to the stakeholders for prudent management decisions, by preparing and presenting the financial information by applying the valuation techniques and methods of accounting principles, thereon. By setting the standards the accountant has following benefits. Reduce Alternative Accounting Treatments By […]
Customize ad size using the Custom Ad Size Ad Unit
Google Adsense has recently launched a new kind of Ad Unit called Custom Ad Size under Other – Custom Ad size. To meet the requirements of the publishers for displaying ads according to their ad space size, it released. Since its inception in 2003, it has supported recommended Ad sizes from 300×250 – Medium Rectangle […]
Accounting Standard Interpretations in India – IPCC Group 1 (Paper 1)
In the process of application of the Accounting Standards while drawing up the Financial Statements and its presentation, some practical questions would rise in the starting stage. To answer these issues Accounting Standard Interpretation(ASI) were issued. Earlier these were issued by the Accounting Standard Board. ASIs are issued after the AS issuance on the relevant […]
Accounting Standard setting process in India – IPCC Group 1 (Paper 1)
ICAI, the premier (most important) accounting body in India, has constituted the Accounting Standards Board(ASB) in 1977. Accounting Standard Setting and Issuing procedure is initiated by the ICAI and it is fully Consultative (Advising) and Transparent In the Standard Setting process ASB will consider the following International Standards while drafting the Standard. International Accounting Standards […]
Accounting Standards in India, an Introduction – IPCC Group 1 (Paper 1)
Accounting Standards in short known as “ASs” are the Written Policy Documents issued by Expert Accounting Body(or), Government(or), Other Regulator Body And these Standards cover the aspects of recognition, measurement, presentation and disclosure of Accounting Transactions. The ostensible (clear) purpose of the Accounting Standards, set up by the Standards Setting Bodies, is to disseminate the […]