What is provision. || CA. Pankaj Deshpande || Indradhanu Academy ||
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- Опубликовано: 17 окт 2024
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This Video explains about how to create provision, and entries of provision.
Explained by CA Pankaj Deshpande.
Link for the registration of Accounting Friend Lecture Series.
accountingfrien...
Sir i am also an accouting teacher but fir bhi aap se seekh raha hu..plz continue this series
Due Respected Mr. CA. Pankaj Deshpande, I thank you very much reply.
Due Respected Mr. CA. Pankaj Deshpande, am really very happy to hear you, please make a video on "Suspense a/c., with examples.
Thank you for your feedback. You will get a video on Suspense account very soon.
Thank you Sir
Very nice explain but provision ya accrual concept me differ kya hai I think vhi hua jo bta rhe hai
Thank you sir... Next provision adjustments...
Sure
Happy to see you on youtube Sir.....
Thank you. Please register for accounting friend live lecture series also. Click below to register.
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Bahut bahut acha hai
Sir how can i watch free accounting lectures recording videos
You can connect with me live tomorrow morning at 11 am on 4th Dec. 22. I am conducting a live webinar on the topic "how to effectively conduct stock audit". Please click the link below and register for free.
bit.ly/3ARvkco
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Sir ji agar hamare pass invoice 15 april ko received hua hai to ham march month me kyo vendor ko credit karege, ese to march month me provison banaye ge na esme vendor credit nahi होगा
To understand such matters in detail you can connect with me live tomorrow morning at 11 am on 4th Dec. 22. I am conducting a live webinar on the topic "how to effectively conduct stock audit". Please click the link below and register for free.
bit.ly/3ARvkco
If you are viewing this after 4th Dec. 22, click here to register for accounting friend lecture series. We have conducted 111 sessions on 111 different topics. Click below and register for free. You will receive all invitations I'm future
accountingfriend.indradhanu.info
How to nill provision if me passed entry actually as on 31 March but billl come less than our provision amount?
If you record provision for Rs. 100 and later on bill received for Rs. 80, then reverse the provision in current year by Rs. 20. This Rs. 20 will be considered as income in current year
Nicely delivered
Most welcome. You can connect with me live. Please register for accounting friend lecture series. Click here to register for free.
Accountingfriend.indradhanu.info
Sir how can 15 april entry be entered in 31st march? Suppose an audit fee is to be given in aug 2018 for AY-18-19. We neither receive bill nor we made payment. Can we book expense of audit fee in p&l of fy 17-18 without bill?
Yes. You can make a provision for Audit Fees even without bill. Amount may be estimated on the basis of previous year. For learning in detail you can connect with me live in Accounting Friend lecture series on every Sunday morning. Click here to register for free. accountingfriend.indradhanu.info
@@IndradhanuAcademy Ok sir, but one question, should I cut TDS on that expense?
If TDS id applicable, you must deduct it. E.g. in case of electricity or telephone bill provision, no TDS is to be deducted. For audit fees TDS must be deducted. For the sake of simplicity, get the actual bill from auditor and record it in accounting. This will avoid future confusion. I hope your query is answered. Please register on accountingfriend.indradhanu.info if not registered earlier.
Gopal singh accountant sir ap bahut hi achha padhate ho sir
Thank you Gopal ji. You can connect with me live in accounting friend session. So far we have completed 110 sessions on 110 different topics. Click here to register for free.
accountingfriend.indradhanu.info
Sir income me provision kaise karte hai plz.boli a
Provision is made for expenses only and not for income. This concept is called as prudence.
Sir, If this is provision then what is Accrued Expenses
Accrued expenses may be party paid. In case of provision it is totally unpaid. Provision and accrued expenses are similar.
Sir limitation aur provision ke details video postkijiye please
Sir tds ke bare me btaiye...
Apka short video hi gyan ka sagar hai
Thank you for your feedback. You can connect with me live in Accounting Friend lecture series also get free course on Tally Prime. Click here.
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But since one gets the bill on april then what will be the amount of telephone expenses when we book on 31 st march?
We will record telephone expenses of March in April after receiving the bill, we will record back dated entry.
"Rectification of errors" pe video bana sakte hai?
For such matters, you can connect with me live in Accounting Friend lecture series on every Sunday morning at 11 am. So far we have completed 99 sessions on 99 different topics. Click here to register for free. accountingfriend.indradhanu.info
Nice
Wow
Sir ami apnar tutorial e niyo moto student. Opening and closing adjustments entries in tally step by step ekta video dile khub bhalo hoy . Thank u sir
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@@IndradhanuAcademy ok sir, thank you
@@IndradhanuAcademy Happy CA Day Sir. Greetings and best wishes to you sir.
Thank you and same to you
what is the relation with IAS
For such matters, you can connect with me live in accounting friend lecture series. Also get some free courses. Click here to enroll.
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Income tax mai cash flow kyah
Cash Flow is a statement showing inflow and outflow of cash during a particular period. For better understanding of such matters you can connect with me live in accounting friend lecture series. So far we have completed 109 sessions on 109 different topics. Click here to register for free.
accountingfriend.indradhanu.info
Sir make video on gst adjustment entry before and after filling gst returns
Sure. Thank you for your suggestion.
Sir
Account Finalization
31 march mein dikhayege
It's wrong concept. It accrual and not provision
Noted
I s
I couldn't understand. Please explain
Thank you sir
Welcome Pavan