Record sale of fixed asset in accounting invoice, by selecting the GST ledgers based on the party's Place of Supply . This sale value will appear in your trading account and Sales Register . As the sale is of fixed asset, you need to transfer this amount to fixed asset ledger, to form...
The applicant said that Chale Pty Ltd held the shares in Adcon Contracting as trustee for a Chale Asset Trust and that it was intended that the shares in the applicant were to also be held by Chale Pty Ltd as trustee for the trust. Due to an error by the accountant, DI was made the...
Further GST shall also be charged on sale of asset at the end of lease tenure for an amount of Rs. 45,000/-(2,50,000*18%). Accounting of Sale and leasebacks IAS 17 covered the accounting for a sale and leaseback transaction in considerable detail but only from the perspective of th...
This article provides a summary of the new features and critical bug fixes that were released in Microsoft Dynamics 365 Finance versions 10.0.15 through 10.0.19 for the Indian Goods and Services Tax (GST) localization.New featuresTCS on sale of goods...
Sir Is there any difference on applicability of GST between a Medical Testing Diagnostic Centre and a Clinical Laboratory attached with a Nursing Home Regards - GST Others
Businesses that accept online orders will need to be mindful of when products are shipped to ensure that a particular sale qualifies as an “eligible supply,” and will need to when manage checkout systems resume charging GST/HST again...
of the Work and to determine in general if the Work is proceeding in accordance with the Contract Documents. However, the Architect will not be required to make exhaustive or continuous on-site inspections to check the quality or quantity of the Work. On the basis of his or her on-...
Depending on the value, the clothing GST ranges from 5% to 12%. Conclusion SWIL has been the most prominent solution provider in the retail and distribution industry.SWILhas specialized in software solutions for the healthcare and retail sectors, asset tracking, and effectively serving wholesalers ...
GST on service management GST input service distribution TDS TDS for customer TCS Voucher interface Fixed asset Gate entry Subcontracting Stale cheque Italy Mexico Netherlands New Zealand Norway Russia Spain Sweden Switzerland United Kingdom United States ...
This issue occurs in project and fixed asset scenarios. The tax amount isn't shown correctly on the Purchase requisition page. The Total form shows the tax amount of only the first line, not all the lines. When the user is posting a general journal with a debit project account and a ...