18A. Conveyance Expenses (Others) 1 Conveyance expenses other than from office to residence and back. You need to save every coin or pump it back to the business to increase returns. 43 Business Promotion Expenses 1 Expenses of snacks, lunch, dinner with client/customer. 20 Travelling Expenses -Foreign 1 Expenses related to travel outside India ,including official expenses incurred outside India. 2 Expenses incurred on stay/accommodation of guests from branches at places not taken on rent through agreement (such as hotel/lodge etc.) WILL BE ENTERED in this account only AND NOT TO RENT / BUSINESS PROMOTION / SALES PROMOTION EXPENSES ACCOUNT. 50 Repair & Maintenance 1 NO ENTRIES TO BE MADE IN THIS ACCOUNT. 5 Cartridges and ribbons for computer printers WILL BE EXCLUDED and taken to COMPUTER MAINTENANCE ACCOUNT. As such the total value of this account always matches the total value of the assets in the system. 4 Fee paid for Assets valuation charges to Valuer for wealth tax return purposes.

33B. Professional Tax (Employees’ share) payable 1 Will be credited by employees’ share of profeesional tax at the time of closing of the month. Accounting in a small business will surely help one to assess his financial performance. There may be one main industry that contributes largely, but the bulk of each city’s income relies largely on different business trades. 29 Lease Rent 1 Only one account named RENT will be maintained in which all types of rents will be passed and no entry of rent or any other expense will be passd in this account. 27 Printing & Stationery 1 Forms of all types including passport forms, Paper for printers. Executive management, including marketing executives, production managers, and cost analysts, has generally praised, control, and analytical potentialities of direct costing. D.The cost of the information includes the time spent by the user to read, understand and use the information.

3 Excel books of Flights’ schedule information. B. Gather, summarize, and report accounting information. This allows even non-accounting sector individuals to perform complex accounting tasks such as accrual entries, financial reports which are automated, saving significantly in recruitment of man power costs on a long run. We provide comprehensive accounting and bookkeeping services that includes reports, budgets, compilations and financial statements that allows you to make quick and smart business decisions. The investors, the government and the financial lenders rely on the financial statements when making a decision regarding the companies. This separates accounting from many other different professions, making accounting a much easier career to develop the necessary skills to become an accountant. Organizational skills. Strong organizational skills are important for accountants and auditors, who often work with a range of financial documents for a variety of clients. Documents attestation charges paid to notary public. Financial Strategy for Public Managers is a new generation textbook for financial management in the public sector.

Many people who are from the baby-boomer generation feel that it is their job to put their head down and get on with things, no matter how bad their circumstances become. The first matter we want to discuss relates to the budgeting process of your audit client. To illustrate, while reviewing through the debtors’ aging summary of your audit client, you noted a number of debtors has long outstanding debts overdue more than 120 days. Statutory auditor’s fee for conducting Statutory audit. 5 Fee for Drafting any legal or other document. 2 Amedeus subscription fee. 4 Exclude Internet subscription (ISP) charges, Internet CD ROMs, GPRS charges, Amedeus subscription fee, and all Other charges related to electronic communication. 2 BLANK CDs (excluding internet CD ROMS) AND FLOPPIES. 2 Purchase of connectors, cords, cables, other networking items, headphones, pen-drives, data travellers, external and internal modems, RAMs, CD-drives, GPRS cards, mother boards, sockets, buttons, switches, adapter etc.EXCLUDING BALNK CDs and floppies. 4 Printing of ticket jackets, booking-dockets, letter heads,baggage cards,train jackets, visiting cards, white and brown envelops, corporate files, invitation cards, voucher- pads, introduction files, XO books, brochure files and other items of stationery. Which of the following items does not represent a difference between financial and managerial accounting?