WebHSN codes are primarily used by distributors, vendors, suppliers, merchants, and traders. They must either use two-digit, four-digit, or eight-digit HSN codes based on the following parameters. If the company's annual revenue is less than Rs. 1.5 crores, there is no need to use HSN codes Web23 jan. 2024 · To create a disposal journal, go to Fixed assets > Journal entries > Fixed assets journal, on the Action Pane, select Lines. Select Disposal – scrap, and select a …
HSN Code & GST Rate for Lighting, furniture and household
Web23 apr. 2024 · HSN code is a 6-digit code that categorizes 5000+ products. It is a uniform code which is accepted worldwide. While HSN entry for waste and scrap of materials like … Web10 apr. 2024 · The formula for sales to fixed assets is: Sales to Fixed Assets = Net Sales / Average Fixed Assets 3. What is a good sales to assets ratio? A good sales to assets ratio is one that is high. It's an indicator of efficient utilization of fixed assets to generate larger amounts of sales revenue. 4. What does sales to fixed assets show? lord\u0027s prayer deliver us from the evil one
GST Rate & HSN/SAC Code for Services - Updated for 2024 - Deskera Blog
Web30 okt. 2024 · GST on Sale of Fixed Assets in India (2024 Update) File All Your GST Returns with Gen GST Software (Available in Desktop and Online (Cloud) Variant) Due … Web8 sep. 2014 · Accounts Codes Used in Screen Shots. Account Type: Account Codes: Furniture and Fixture – Cost: 3-1-1-1-003: Furniture and Fixture – Accumulated Depreciation: 3-1-1-2-001: Gain/Loss on Sales of Fixed Assets: 4-2-2-1-001: Accounts Receivable: 1-2-1-2-009 Now we process a transaction, through Free Text Invoice for the … WebGo to Fixed Assets > Transactions > Asset Disposal. On the Primary Information field group, provide values for the following fields: Disposal Type – Select Sale. Disposal Date – Enter a posting date for the disposal. lord\u0027s prayer crafts