Venkkatesh K Uncategorized Accounting, questions-and-answers, recording-accounts-in-tally-erp-9, tally-tips 14
When ever a person paid his or his dependents’ Insurance Premium can account in his books of Accounts for assessment of Accounts. And there are two different possible methods available for Accounting of payment transaction of Premium of an Insurance to Life Insurance Corporation of India, or other such Insurance Companies. The most common thing […]
Venkkatesh K Uncategorized accounting-software, banking-tally-erp-9, questions-and-answers, tally-erp-9, tally-tutorial 2
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 […]
Venkkatesh K Uncategorized direct-tax, Finance, income-tax, India, Insurance, questions-and-answers 1
Here the term Keyman means an Employee or a Director of a Business Organization or a Professional Business. The main objective of the Keyman Insurance Policy is to compensate the Professional Businesses and Organizations to face the losses occurred to the company where in the case of premature death of its employee or director. This […]
Venkkatesh K Uncategorized questions-and-answers, tally-erp-9, vat-in-tally-erp-9 2
VAT Taxable Sales voucher entry can be done using any one of two methods in Tally ERP 9 Using Voucher Class Without using Voucher Class For this you need to have Cash/Debtor Ledger, Sales Ledger, Output VAT Ledger, Stock Item (optional), and Sales Expenses Ledger (optional). In the first method you can directly make the […]
Venkkatesh K Uncategorized questions-and-answers, tally-erp-9, tally-tutorial, vat-in-tally-erp-9 0
Taxable Purchase voucher entry can be done using two methods in Tally ERP 9. Using Voucher Class. Without using Voucher Class. For this you need to have Cash/Creditor, Purchase @ 5%, Input VAT @ 5%, Stock Item, and Purchase Expenses Ledgers. If you are maintaining account without Inventory then leave the Stock Item creation and […]
Venkkatesh K Uncategorized direct-tax, income-tax, India, questions-and-answers, slab-rates, Taxation, TCS, TDS 3
TDS(Tax Deducted at Source) / TCS(Tax Collected at Source) rates in the Union Budget 2012-13 have been amended for the Financial Year 2012-13 as the thing is common for every year as the financial stability of the Taxpayer changes. TCS( Tax collection rate chart ) for financial year 2012-13 is also given here under. There […]
Venkkatesh K Uncategorized direct-tax, income-tax, India, questions-and-answers, slab-rates, Taxation 2
For the Assessment year 2012-13, Finance Minister Pranab Mukarjee has released income tax slab rates here in New Delhi, on March 16 2012. Every tax payer in India is set to gain at least Rs.2,000 p.a., thanks to the relief proposed by Finance Minister. In his seventh national budget presented in the Lok Sabha Friday, […]