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The term "retainership basis" refers to the payment of a fixed yearly or monthly fee to a service provider who is not actually an employee of the company paying the fee. The retainer ensures that the company involved is able to utilise the service provider on a "need to" basis.
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∙ 10y ago
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If Sales is 8000 and Purchase is 4000 then what does it mean that 60 percent Sales and Purchases are for cash?
It means that 60% of sales and purchases are done on cash basis while 40% of purchases and sales are done on credit basis.
Is the FL Accrual Basis or Cash Basis with Sales Tax?
cash basis
What do you mean by purchase in account?
Purchase on account means purchases of items on credit basis and payment is done in future time period.
If accounts payable have increased during a period will the expenses on an accural basis be less than expenses on a cash basis?
expenses on an accrual basis are greater than expenses on a cash basis
What are the 2 kinds of bookeeping?
When you ask "2 kinds", I am guessing you are asking the method / basis employed in accounting. Bookkeeping can follow either: a) the cash basis, or b) the accrual basis (also known as the mercantile basis)
Is it ethical for the retired judge to accept the retainership?
As a retired judge, he has no 'power' and retainership should not be a problem.
What is TDS rate on Payment for Retainership Fee?
10.33%
Is a Retainership Bonus or Joining Bonus part of CTC?
No, it is not a part of CTC because it is a one time money paid and not a recurring sum.
What is the basis for Renaissance mean?
What was the basis for the renaissance
What does work on a complementary basis mean?
complimentary basis
What is retainership?
"Retainer" is basically a person who is available to you for advise . He is not required to put in daily attendance or observe any fixed working hours. He charges a retainership fee for his services. In case, he is required to come and put in attendance or appear on your behalf before any authority/court etc, he charges you separately for such services. This however, depends upon the terms of his/her engagement as a 'Retainer' In my previous employments I had engaged retainers as advocates/income tax advisors. In case of employment on contractual terms, the incumbent is required to physically put in attendance as per the terms of the contract. The basic difference, in my opinion is, while in the case of retainership, the availibility of person for advise is ensured, in the latter case his physical presence for dicharging the duties is necessary.
What does basis mean?
The beginning or foundation of something.
What does doubloons mean?
A basis answer is that doubloons are coins.
What do Atman have to do with Hinduism?
Did you mean Atma.This is the basis of hinduism.
What does mean by employed on substantive basis?
I'm not telling you.
What does piece meal basis mean?
In bits and pieces
What is the insignificance of the Declaration of Independence?
If you mean significance. It is the basis for our laws.
