BBP Template

SAP Implementation Project: PARINAAMBusiness Blue Print Document for General Ledger Accounting

Implemented By

Document History

Document NameBusiness Blueprint

TitleGeneral Ledger

Document PurposeNew GL with Parallel ledger including document splitting functionalities, Organization elements, Chart of accounts including account groups, General ledger accounting , closing and reporting

Key Words

Document Status

Contact for Enquiries

Process BasicsIllustrative Response

Process NameGeneral Ledger Accounting

Process Number

Process Description (Brief Bullet Points) What Does the Process Do Chart of Accounts, Account Group, Field Status Group, Fiscal Year Variant, Document Type, Document Number Ranges, GL Account Postings

Process Owner (preferably indicate the position in the organization structure rather than the name)Head Finance

Input Process Dependent BBPs AP, AR, FA, HCM, MM & PS

Document Sign-Off

CompanyNameDateSignature

Document Change Control

Release / VersionDescriptionDateDateSign

V1.0General Ledger AccountingCreated ByDiwakar S

Reviewed ByMohan Krishnamurthi

Approved ByKumar S

Created By

Reviewed By

Approved By

Glossary

S.NoDescriptionFull Form

1. Company CodeCompany Code is the smallest organizational unit for which a complete self-contained set of accounts can be drawn up for purposes of external reporting. Generally, a company code is defined to represent a legal entity.

2. CompanyThe Company is used in SAP to aggregate/ consolidate the financial statements for several operating companies into a consolidated statement for the group, suitable for statutory reporting. Companies can be grouped together according to legal entity structures.

3. Functional AreaA functional area is an account assignment characteristic that sorts operating expenses according to functions. For example Sales, Finance, Production, Administration.

4. Business AreaA Business Area is an internal organisational unit in FI for which internal Balance Sheet and Profit and Loss statements are produced.

5. Fiscal YearA fiscal year is the period for which financial statements are prepared. It generally consists of 12 months. A fiscal year can contain special periods that can be posted to for any year-end transactions such as provisions, adjustments, etc.

6. Posting PeriodA posting period is a period (either a month or a special posting period) into which financial documents are posted. Multiple company codes can use the same posting period variant.

7. CurrencyA currency is the money in general use in a country. In Financial Accounting, a currency has to be specified for each company code. This is the local currency All other currencies are considered as foreign currency.

8. Chart of AccountsChart of Accounts is a list of all G/L accounts used by one or several company codes. For each G/L account, the chart of accounts contains the account number, account name, and the information that controls how an account functions and how a G/L account is created in a company code.

9. Controlling Area

A Controlling area is Level at which Costs and Revenues are controlled within the enterprise.

10. Profit CentreProfit Centre Accounting is to determine profit for internal areas of responsibility, by period Accounting or Cost of Sales Accounting.

11. Cost CentreCost Center is an Organizational unit in accounting that reflects Management Oriented structure of the Organization for internal purpose of cost control The main aim of Cost Center Accounting is to determine cost for internal areas of responsibility, by period Accounting or Cost of Sales Accounting.

This document contains several acronyms. Following is the brief description of all these acronyms

AcronymsDescription

GLGeneral Ledger

AAAsset Accounting

COControlling Area

FIFinancial Accounting

HRHuman Resources

MDManaging Director

COAChart of Accounts

APAccounts Payable

ARAccounts Receivable

F&AFinance & Accounts

MHRILMahindra Holidays & Resorts India Limited

GRIRGoods Receipt Invoice Report

GRNGoods Receipt Note

IGAAPIndian Generally Accepted Accounting Practices.

Introduction

This document depicts the SAP enabled TO-BE version of the business process of Customer under reference. The document contains how the process under reference will be handled in the TO-BE SAP scenario along with the business benefits and organisational changes required to implement the SAP enabled business processes. The document also highlights General Accounting and covers the reporting requirements of MHRIL with respect to the process under reference. These are evolved based on the detailed study of the business processes and functions of Customer and with the inputs from the series of Business Blueprint Workshops conducted for this purpose.Intended UsersThis document will help:The MHRIL team to understand and approve the requirements and design of the proposed application, as adequate for meeting its stated business needs.The TCS team to design and develop the application using the requirements as the basis, as well as to plan and manage all project resources thereof.TCS acceptance testing team to develop test data and to test the applicationTCS maintenance and support team to understand all aspects of the process, application, and maintain it.This document states all of the conceptual results of the project PARINAAM. These project results were devised and decided on by the project team and the department experts from customer MAHINDRA HOLIDAYS & RESORTS INDIA LIMITED during the Business Blueprint project phase. This is the main concept document of the project. It is supplemented by separate specifications for custom developments.

The content of this document forms the basis and the guidelines for the subsequent Realization phase. This document aims to describe the future business solution based on SAP ERP. Both, IT subjects and organizational issues that are required to understand the situation, are described in it. Any additional explanations that are only relevant when the project is in progress are given in the various project management plan documents, which the project management team will provide on request.

Authors and contributors can be referred to in section Document History. SAP ECC 6.0 FI module provides a very wide and comprehensive range of functionality that meets the requirement of most of the enterprises worldwide. Thus there was a requirement to study the existing Finance and Reporting practices of MHRIL and map the same to the functionality provided in SAP ECC6.0 in order to evolve the Business Blue print. The main project objectives and business drivers behind MHRILs decision to implement SAP are to Streamline the processes related to General Accounting in Finance. Standardize business processes and practices. Eliminate the processes which add no value such as redundant data collections and reconciliation Address the current and future business requirements Capture and make available information needed for effective and accurate Finance strategies. Integrated Solution for real time accounting and enhanced reporting.

Table of Contents1.Scope71.1Business Process Master List reference71.2Scope in Brief71.3Location where the Business is performed81.4Key Policies/Operational Decisions or Logic within the Process82.Process Decsription \Requirements92.1Explanation of Functions and Events92.2Business Requirements93.Solution in SAP103.1Chart of Accounts.103.2Account Group:103.3Field Status Group113.4Fiscal Year Variant:133.5Overview of New GL Functionality:133.6Parallel Accounting:133.7Integration of Legal and Management Reporting:133.8Document Type:153.9Document Number Ranges:163.10General Ledger Overview:163.11GL Account Postings:163.12General Ledger and Subsidiary Ledger:173.13General Leger Master Data:174.Business Process Diagram224.1Day End Closing234.2Month End Closing244.3Year End Processing255.Organizational Consideration265.1Organization Structure Consideration265.2Master Data Considerations (including all relevant data relationships)265.3System Configuration Considerations266.Changes to Existing Organization Process266.1Changes observered/Suggested267.Description of Improvements268.Functional Deficit269.Approach to Cover Functional Deficit2610.Integration & Interface Considerations2611.Reporting Requirements2611.1Standard Reports2611.2Developed Reports2712.Data Migration2712.1Data Conversion / Historical Data2712.2Scope2713.Enhancements & Forms2813.1Functional Deficit2813.2Enhancements2813.3Outputs (e.g. Forms)2814.Authorization Requirements2815.Workflow Requirements28

ScopeBusiness Process Master List referenceBPML Reference

Process Number Core Process Level-1 Process Area Level -2 Business Process Level-3Remarks

MHRIL-FI-02-02-102

FICO(02)Financial Accounting102 General Ledger Accounting

MHRIL-FI-02-02-109FICO(02)Closing Operations109 Closing Operations

Scope in Brief

Financial Accounting Basic Settings Chart of Accounts Account Groups Field Status Group Fiscal Year Variant Parallel Accounting (Ledger Approach) Posting Period Variant Posting Key Document Type Document Number Ranges General Ledger Overview Accrual/Deferral/Recurring Posting Parking and Posting Documents Period End Processing Reporting

Location where the Business is performedLocation Scope covers Head office / branches / resorts of MHRIL company code and Line of Business (LOB) as defined in organization Structure.

Key Policies/Operational Decisions or Logic within the ProcessNot Applicable

Process Description / RequirementsExplanation of Functions and Events Creation, approval and posting of Journals. Accrual/Deferral Posting General Ledger Account Analysis. Quarter/Year End Closing activities. Reporting

Business Requirements Accrual and Deferral Posting Recurring Entries General Ledger Parking and Posting Journal Documents Month/Quarter/Year End Closing activities Real-time integration between Sub Ledger and General Ledger and controlling module for legal and management reporting Performance Analysis Generation of Financial Statements along with relevant schedules

Solution in SAPChart of AccountsChart of account is a list of all G/L accounts used by one or several company codes. It is shared by Financial Accounting as well as Controlling.

Mahindra and Mahindra Group Companys Chart of Accounts will be the used as chart of accounts for Mahindra Holidays & Resorts India Ltd. and its subsidiaries via MHRIL USA, MHRL Hotel Management, MHR Hotelagan Austria, Heritage Brid Malaysia, Mahindra Residence India Limited. In addition, MHRIL specific Ledger accounts will be created and included. The chart of accounts is defined as MMC.

Account GroupThe account group is a summary of characteristics that control the creation of master records. Account group is used to classify certain G/L accounts of same features in the chart of accounts, for example assets and liabilities. On the other hand, proper number range can be assigned such that accounts of same nature will appear next to each other in the chart of accounts.In order to organize and manage a large number of G/L accounts better, they are arranged in account groups. The accounts of an account group normally have similar business functions. For example, we can have an account group for cash accounts, one for expense accounts, one for revenue accounts, and one for other balance sheet accounts, etc.

Following is the List of Account Group for MHRIL Chart of Accounts. Chart of AccountAccount GroupFrom AccountTo AccountDescription

Balance Sheet Accounts

MMCSHFS10011099Share holders Funds

MMCRESR11011199Reserves & Surplus

MMCSLLT12011220Secured Loan Long Term

MMCSLST12211240Secured Loan Short Term

MMCULLT12411270Unsecured Loan Long Term

MMCULST12711299Unsecured Loan Short Term

MMCDEIC14011425Deferred Income Current

MMCDEIN14261450Deferred Income Non Current

MMCMINC14511460Minority Interest / Non Controlling Interest

MMCDETL14611480Deferred Tax Liability

MMCCULI16011699Current Liabilities

MMCPROV17011799Provisions

MMCFATA20012029Fixed Assets Tangible

MMCFAIN20302040Fixed Assets Intangible

MMCDEPF20412060Depreciation Fund

MMCAMIN20612080Amortisation of Intangibles

MMCCWIP20812099Capital Work in Progress

MMCIULT21012130Investments Unquoted Long Term

MMCIUST21312150Investments Unquoted Short Term

MMCIQLT21512180Investments Quoted Long Term

MMCIQST21812299Investments Quoted Short Term

MMCCAIN23012350Inventories

MMCCASU23512399Sundry Debtors

MMCCACS24012410Cash Cheques and Stamps on Hand

MMCCABB24112450Bank Balance

MMCOTCA24512499Other Current Assets

MMCLOAD25012599Loans & Advances

MMCITST26012650Payment towards Income tax and Sur charge

MMCCPTE26512690Balances Customs, Port Trust, Excise

MMCMEWO26912699Miscellaneous Expenses to the extent not written off

MMCDFTA27012710Deferred Tax Asset

Opening Balance upload Codes

MMCUPLO90019050GL Codes for Upload

Profit & Loss Account

MMCIFSS40014099Income from Sales/Services

MMCINOP41014199Income from Operations

MMCOTIN42014299Other Income

MMCITIN43014399Interest Income

MMCDDPT44014410Deemed Divestiture Profit

MMCCOGS50015099Cost of Raw Materials, Semi Finished and Finished Goods, Taxes

MMCPEXP51015199Personnel Expenses

MMCDEAM52015249Depreciation/Amortization

MMCICFC53015399Interest Commitment and Finance Charges

MMCOSGA54015799Overheads, Selling, General Expenses

MMCITDT58015800Income tax and Deferred tax expenses

MMCAPAC58015899Appropriation Account

MMCCWIP59005999CWIP Expense Account

Field Status GroupSAP provides for definition of control parameters called Field Status Groups, which control maintenance of various fields in the transaction screens during input. In R/3 system, it is possible to specify the field status via field status group, which is specified for each G/L account. In order to minimize definition of field status group, R/3 allows referencing to a same set of field groups via field status variant.

Field status group determines the status of each field, which user can enter the value during posting. The status can be either:

Optional Mandatory Suppressed

A particular field status group may be assigned to a particular G/L code.

Z001 will be the variant for MHRIL. Following are the list of Field status group to be used for MHRIL, in case any additional Group is required to be added during configuration time same will be added and attached to variant Z001.Field Status VariantField Status GroupDescription

Z001Z001General (with text, assignment)

Z001Z002Material consumption accounts

Z001Z003Cost accounts

Z001Z004Material accounts

Z001Z005Asset accts (w/o accumulated depreciate)

Z001Z006Assets area clearing accounts

Z001Z007Clearing accounts (with settlement per.)

Z001Z008Receivables/payables clearing

Z001Z009MM adjustment accounts

Z001Z010Freight/customs provisions/clearing (MM)

Z001Z011Scrapping (MM)

Z001Z012Other receivables/payables

Z001Z013Plant maintenance accounts

Z001Z014Inventory adjustment accounts

Z001Z015Accounts for down payments made

Z001Z016Revenue accounts

Z001Z017Change in stock accounts

Z001Z018Accounts for down payments received

Z001Z019Bank accounts (obligat.value/due dates)

Z001Z020Cost accounts for external services

Z001Z021Accts for pmnts on acct made for assets

Z001Z022Goods/invoice received clearing accounts

Z001Z023Accounts for fixed asset retirement

Z001Z024Amortization accounts

Z001Z025Inventory accounting material stock acct

Z001Z026Other cost accounts (obligatory text)

Z001Z027Reconciliation accounts

Z001Z028Clearing accounts (travel expenses)

Z001Z029Reconcil.accts (KIDNO/foreign payment)

Z001Z030CO FI reconciliation posting

Fiscal Year VariantA fiscal year consists of several posting periods and if necessary, special periods that can be posted to after a temporary year-end closing. A fiscal year is generally a period of 12 months for which the company produces financial statements and takes inventory. It may or may not correspond to the calendar year.

A fiscal year variant specifies the number of periods and special periods in a fiscal year and how the system is to determine the assigned posting periods.Based on current operation, Z3 is to be used fiscal year variant. The end of a period is the last day of the month, and the end of the year is 31st March. Fiscal year variant Z3, with 12 Accounting periods for the 12 months and 4 special periods (13-16) recommended to be used to manage year end and audit related entires.

Overview of New GL FunctionalityThe central task of New GL accounting is to provide a single data source for Legal reporting, Segment reporting and Management reporting.The following features of SAP FI New General Ledger shall be utilized for MHRIL: IFRS reporting enablement through the parallel ledger Simultaneous updating of general ledger and cost accounting areas for postings done in the management accounting resulting in real-time FICO reconciliation Integrated approach leading to greater transparency, control and monitoring of all business processes Fast closure for periodic accounting and reporting

Parallel AccountingNew GL allows parallel accounting by managing several parallel ledgers for different accounting principles. New GL activation will enable parallel ledgers to be defined. 0L will be defined as a leading ledger for reporting as per IGAAP and IF will be defined as non-leading ledger for reporting as per IFRS for MHRIL.Ledger NameDescription of ledgerCurrencyFiscal year

0LLeading Ledger (IGAAP)INRApril to March

IFNon Leading ledger for IFRSINRApril to March

UGLeading ledger for MHRIL USINRApril to March

HMLeading Ledger for MHRL Hotel ManagementINRApril to March

HALeading Ledger for MHR Hotelagan AustriaINRApril to March

HMLeading Ledger for Heritage Bird MalaysiaINRApril to March

MRLeading Ledger for Mahindra Residence India LimitedINRApril to March

Integration of Legal and Management ReportingIn General Ledger Accounting, one can perform internal management reporting in parallel with legal reporting. For this purpose, the Profit Center Accounting functions are integrated with General Ledger Accounting. Furthermore, one can generate financial statements for any dimension (such as segment, profit center).Segment Reporting: Segment is classified based on the revenue stream of the product time share, along with the cost for reporting.

Posting Period Variant:In the standard setting, a separate variant for posting periods is defined for every company code. In order to standardize maintenance of accounting period especially across the group, SAP R/3 system allows the specification of open or close status to be maintained via a posting period variant. 1000 will be defined as Posting Period Variant with the name as Posting Period Variant for MHRIL.

Posting Key:A posting key is a two-character numerical key that controls the entry of line items. It is defined at client level and therefore applies to all company codes in SAP system. It is differentiated by the account types. It also controls the posting at the line item level.

Standard SAP posting keys will be used for MHRIL. Attached is the list of standard posting keys which can be used.Posting KeyNameDebit/CreditAccount Type

01InvoiceDebitCustomer

02Reverse credit memoDebitCustomer

03Bank chargesDebitCustomer

04Other receivablesDebitCustomer

05Outgoing paymentDebitCustomer

06Payment differenceDebitCustomer

07Other clearingDebitCustomer

08Payment clearingDebitCustomer

09Special G/L debitDebitCustomer

11Credit memoCreditCustomer

12Reverse invoiceCreditCustomer

13Reverse chargesCreditCustomer

14Other payablesCreditCustomer

15Incoming paymentCreditCustomer

16Payment differenceCreditCustomer

17Other clearingCreditCustomer

18Payment clearingCreditCustomer

19Special G/L creditCreditCustomer

21Credit memoDebitVendor

22Reverse invoiceDebitVendor

24Other receivablesDebitVendor

25Outgoing paymentDebitVendor

26Payment differenceDebitVendor

27ClearingDebitVendor

28Payment clearingDebitVendor

29Special G/L debitDebitVendor

31InvoiceCreditVendor

32Reverse credit memoCreditVendor

34Other payablesCreditVendor

35Incoming paymentCreditVendor

36Payment differenceCreditVendor

37Other clearingCreditVendor

38Payment clearingCreditVendor

39Special G/L creditCreditVendor

40Debit entryDebitG/L account

50Credit entryCreditG/L account

70Debit assetDebitAsset

75Credit assetCreditAsset

80Stock initial entryDebitG/L account

81CostsDebitG/L account

83Price differenceDebitG/L account

84ConsumptionDebitG/L account

85Change in stockDebitG/L account

86GR/IR debitDebitG/L account

89Stock inward movementDebitMaterial

90Stock initial entryCreditG/L account

91CostsCreditG/L account

93Price differenceCreditG/L account

94ConsumptionCreditG/L account

96GR/IR creditCreditG/L account

99Stock outwd movementCreditMaterial

Document TypeA document type is a key that is used to classify accounting documents and distinguish between business transactions to be posted. The document type is entered in the document header and applies to the whole document.The SAP standard document types are to be maintained in MHRIL. However, it is possible to add additional document types to further differentiate specific posting for analysis purposes and same will be added if required. Below list is to be used for different document types depending on the business requirements of MHRIL.

Document TypeDescriptionDocument TypeDescription

AAAsset PostingAEAccounting Document

AFDepreciation PostingsAN Net Asset Posting

BSBank StatementCI Customer Invoice

CPCustomer PaymentDGCustomer Credit Memo

KAVendor DocumentKGVendor Credit Memo

KNNet VendorsKPAccount Maintenance

KR Vendor InvoiceKZ Vendor Payment

NARO-Cash PostingNKRO-Revenue Posting

PRPrice ChangeSAG/L Account Document

SBG/L Account PostingWAGoods Issue

WEGoods ReceiptWIInventory Document

YOInitial UploadYTTDS

YCCash JournalZPPayment Posting

ZVPayment Clearing

Document Number Ranges

The document number range defines the allowable range in which a document number must be positioned and cannot overlap. Internal numbering: The system stores the last used document number from the number range in the field current number and takes the subsequent number for the next document External numbering: The user enters the original document number, or the number is transferred automatically from a pre-invoicing system. The numbers usually are not used in sequence and therefore the system cannot store a current number. The numbers may be alphanumeric.

The document number range has to be defined for the year in which it is used. Document number ranges can be defined: Until a fiscal year in the future: At the beginning of each fiscal year the system continues to take the next number after the current number. It does not restart at the lower limit. Per fiscal year: At the beginning of each fiscal year the document numbering starts again at the lower limit. This helps to avoid reaching the upper limit of a range. For MHRIL the following number ranges are proposed to be used 0100000000 to 0199999999

General Ledger Overview

This section outlines the master data structures, business processes and related configuration parameters required for the General Ledger module.

However, General Ledger module is also heavily involved in other business process designs from other modules and how they post into the General Ledger. The specific areas are covered in the relevant sections in Asset Accounting, Account Receivable, Account Payable, Purchasing, Inventory Management and Logistic Invoice Verification, Human Resources.

The central task of G/L accounting is to provide a comprehensive picture for external accounting and accounts. Recording all business transactions in a software system that is fully integrated with all the other operational areas of a company ensures that the accounting data is always complete and accurate.

GL Account PostingsEach transaction relevant to posting must be entered in the originating area of the company in compliance with all applicable posting rules. The precise, reliable, and complete recording and entering of all required data is only possible at the point of data origin. This data priority means that both the originating and responsible areas of all company entities are monitored.

General ledger postings may be the result of: Operational transactions (for example, issue of goods causes material issue posting) if the SAP Materials Management (MM) system is active and integrated Transactions originally assigned to the general ledger, if the General Ledger (FI-GL system is) active

At the same time, interrelationships with Controlling and its components can be taken into account. The extent and type of the integrated systems used determine how entries, account assignments, and updates are processed for business transactions. The important factor is that the posting documents, together with the original data and account assignments from the operative transactions, are simultaneously reflected in the general ledger through subsidiary ledgers.

General Ledger and Subsidiary LedgerThe chart of accounts, with its primary asset and balance sheet accounts provides the central posting link between the general ledger and the related subsidiary ledgers. The general principle of posting via reconciliation accounts is that each business transaction is simultaneously reflected in the subsidiary ledger as a line item and as a totals item in the general ledger via the assigned balance sheet account. As a result, updating is timely and automatic. Moreover, it ensures that:

General ledger and subsidiary ledgers are always reconciled Integrated report displays can be generated from the financial statement using the subsidiary ledgers down to single document level The effects of each posting procedure on assets and profit and loss are used immediately by the financial information system

Open Item:Open item management can be activated for each G/L account. It allows to clear debit and credit postings by document (groups). Accounts with open item management can be updated when business transactions are processed.

General Leger Master DataGeneral Ledger (G/L) Master Record:General Ledger account master records contain the data that is always needed by the general ledger to determine the accounts function. The General Ledger account master records control the posting of accounting transactions to General Ledger accounts and the processing of the posting data.

General ledger accounting is divided into two portions in SAP. One is the creation of G/L accounts at the Chart of Accounts (COA) level and the other is the creation of the G/L account in the company code level.Among the fields to be maintained during the creation of G/L account in the COA level are: Account group Account number Account name Whether the account is a balance sheet or profit & loss account Account description - Long text and short text of the description

Among the fields to be maintained during the creation of G/L account in the company code level are:

Reconciliation account type: This field is used to indicate G/L accounts as reconciliation accounts. For each sub ledger account, we will have at least one reconciliation account in the G/L account area. When you post to an account in the sub ledger, the system automatically posts to the corresponding reconciliation account. In MHRIL we define reconciliation accounts by specifying in the G/L account master record the account type (such as fixed assets, vendor or customer) for which the account is to be used. In this way, the account can only be assigned to accounts in the corresponding sub ledger. No manual posting can be made to reconciliation account.

Open line item management:Open items arise from every posting transaction in a contract account and reflect unfinished business transactions. For example, an invoice item that has not yet been paid is recorded as an open item in the contract account until it is paid and cleared. The facility to manage line items on an open item basis enables you to check which receivables and payables are outstanding

Open items can be cleared in partial or full. This would be used in MHRIL for you would set this option, for example, for bank subaccounts and clearing accounts in order to be able to track whether the business transactions posted to these accounts are closed yet.

General Ledger Account Creation:With the following recommended process, GL accounts creation will become standardized and Controls can be centralized.The following processing options are available in management of General Ledger master record: Create Change Block Mark for deletionIn order to perform the any one of the above activities in any point of time, the following processes recommended to be followed.

StepProcedure

1When the need arise to create/change/block/deletion of an account, a department/person raises a request for the same by completing s form and submitting to MHRIL Corporate Finance team

2MHRIL Finance department reviews the form and note the reason for create /change/block /deletion. Finance team will determine the GL Account number and description for Creation of account.

3Once the GL number and description is decided, which method of creation/change of GL will be used is to determine here as GL can be created in COA level and Company Code Level.

4Once the GL Account created/changed the MHRIL Corporate finance team needs to check the account is working properly or not in the system. If it is working properly then the MHRIL Corporate finance team notify the requestor of the GL Account created/changed

4MHRIL Corporate Finance team Complete, sign and date GL maintenance form. File the Maintenance input form

5File GL master Data maintenance form for future reference

General Ledger Posting and Parking Documents:In contrast, SAP uses document principle whereby accounting entries are kept in document database and can be referred to via document number. On data integrity side, SAP allows only balanced transactions to be posted. Additionally, changes are allowed for permitted fields such as text information.It is possible to post G/L documents via: G/L document posting Recurring entryIn principle, this process is equivalent to manual bookkeeping entry. However SAP automates it with additional functionality especially for integration of G/ L with other modules. Minimum data normally required to post a G/L document are: Document header information e.g. posting date, posting period, document date etc. G/L account number Cost object assignment (for profit and loss elements) AmountSince not all the required data are immediately available, SAP also provides an option to temporarily keep the posting as statistical entry. Upon completion of all required data, the entries can be posted. This functionality is termed as Parking Document.

It is recommended for MHRIL to use the Park document functionality to ensure that the document posting process will be monitored and postings are done after checking have been done.

The SAP GL Posting process for transactions is accounted through GL accounts to a cost center and profit center or to a business area combination.

SAP GL posting process also takes care of Existing GL process of MHRIL and in addition, it has integration with AP, AR, Bank and other modules. Purchases, Sales, Inventory, and Payroll postings are tightly integrated with GL and other modules and entries are reconciled always.

In MHRIL, the documents will be parked first and then posted into the GL. Hence, GL posting transaction will encompass:

Parking the document: with document parking, posting documents can enter and store (park) incomplete documents in the SAP system without extensive entry checks. Parking documents can completed/checked/modify and then posted at a later date by the same processor or another processor. Parking a document is generally useful when waiting for a super user approval on a document. While parked the document posting date is not updated which can be updated or modified by different processor at the time of posting in a later date, ensuring maker / Checker concept is in place and provides Audit Trail as well.

Posting of Parked Document: Parking document can be post either individually or via a list. To post several parked document via list, system issues a list of parked document for specific form. From that list it can be carry forward the post processing to parked documents that could be posted due to missing information such as a cost accounting assignment.

The following processes are proposed for GL document posting StepProcedure

1Assign appropriate account codes and other required information on the journal voucher

2Determine the nature of transaction and the relevant document type

3Create park journals based on the journal voucher

4Record document number generated by the system

5At the end of working day , perform daily checking of parked journals (Generate Parked documents Report)

6Edit/verify parked documents

7Post parked documents if there is no error found

8File the journal voucher or the supporting document

Accrual/Deferral Posting:Accrual entries are use to captured/record accrued expense or accrued revenue or expenditure or revenue for activities that have already occurred but for which we havent received or generated invoices or official documents. This functionality will be used for making any periodic postings that are based on amount or value for MHRIL e.g., contract transactions like insurance contracts or leasing contracts, or periodic subscriptions, etc.

To ensure that expenses are posted to the correct period, we can enter accrual/deferral documents, and then reverse them in a later step. The reversal date (flag) in that document is then regarded as the posting date of the reversal document. In case if the reversal date is not specified, the entry will get reversed on the 1st day of the subsequent period.

Recurring Entries:Periodically recurring entries posted by the recurring entries program based on recurring entry documents. As required by MHRIL the recurring entries would be set up for rent, Insurance, or loan repayments etc.The following data never changes in recurring entries: Posting key Account AmountsYou enter this recurring data in a recurring entry original document. This document does not update the transaction figures. The recurring entry program uses it as a basis for creating accounting documents.In the recurring entry document, you define when a posting is to be created with this document. You have two options for scheduling. Postings can be made periodically or on a specific date: For periodic postings, specify the first and last day of execution, as well as the interval in months. If you want to specify certain dates, enter a run schedule in the recurring entry original document. Store the required dates.

Noted Items:Special G/L transactions are also used to manage noted items. These are postings that are not displayed in your accounts but are only to remind you of outstanding payments due or to be made. You can process them with the payment program or dunning program. As a result, it is possible to dun outstanding down payments or to make down payments with the payment program. To do this, you enter and store a down payment request. This special document does not update the account balance: it is merely managed as a line item in the open item account and the special G/L account. Therefore, you should always mark the Line item display option for these accounts.Noted items feature will be used for MHRIL in order to provide reminders on down payments, statutory payments etc

Period End Processing:Period-end closing comprises all activities involved in closing a posting period. Accounting period is a division of a companys fiscal year.

Each posting into the system must be associated with an accounting period. This is to ensure that each transaction can be reported in the corresponding period. In the same token, periods must be controlled to ensure validity of the reports.For MHRIL April to March is identified as financial year with 12 accounting period and 4 special periods and closing activity will happen every month .The below mentioned month-end processing activities will be used as a guideline for this blueprint as the activities may not be finalized until Realization phaseStepProcedure

1Communication is sent by MHRIL Corporate Finance team to all branches on the books closure schedule

2Corporate finance to complete all the outstanding journal entries with respect to accruals, provisions (Eg, Offer Cost, incentives and commissions, Sales Cancellation, leased resort payment provision, doubtful debts), deferrals related to month end closing

3Complete bank reconciliation statement

4To execute accrual reversal entries

5To prepare and post accrual journals

6Execute GR IR Clearing Entries to clear the matched/GR/IR Clearing Transactions

7Settlement into CWIP/Fixed Asset

8Execute depreciation run to compute and post depreciation

9Close Asset Accounting Sub Ledger for the current period and open new posting period.

10Run foreign Currency valuation Transactions

11Generate and review of Trial Balance

12Reporting - Financial Statement Version (FSV):Generate monthly reports using Financial Statement Versions (FSV). FSV allows the MHRIL user to define reports in the format required for internal and external reporting.According to the required format, accounts can be grouped to generate the financial statements.

13Close and Open Periods: On completion of the activities as per the Closing schedule the respective sub ledger for the current period to be closed to ensure no transactions take place at the sub ledger level and Open the subsequent posting period for recording of transactions happening in that period. Closing entries are made at the General Ledger Level and finalization of financial statements happens and the General Ledger is closed for the current period and open the subsequent posting period for recording of transactions happening in that period. As a best practice, TCS recommends MHRIL to have a central closing team and ensure that multiple periods are not open at the same time, to have better control in place. Opening of any prior period within a fiscal year is possible; however TCS recommends to exercise this option to the minimum and only under proper approval, again to have better control. Flash Report Flash report will be generated as a part of period end closing activities. Any exceptional adjustments to the same will be done manually in the generated report

Business Process Diagram

Day End Closing

Month End Closing

Year End Processing

Organizational Consideration0. Organization Structure Consideration Company Code Chart of Accounts0. Master Data Considerations (including all relevant data relationships) GL Master0. System Configuration Considerations GL Account Number Ranges as provided in section 3 under chart of accountsChanges to Existing Organization Process0. Changes observered/Suggested Monthly Books Closure as against Quarterly Books Closure for better control and timely decision making.Description of Improvements Reduction in data redundancy: The shared master data concept in SAP will inevitably reduce duplication of data stored and used in the business processing. Greatly reduced administration: through the elimination of re-keying, reconciliation and manual collation of data. This gives the finance staff the time to analyze the figures rather than spending the majority of their time performing administration tasks. Better control of data: through the validation of the data at point of entry. Seamless Real-time integration across modules faster turnaround time on closing and reporting with real time collection of data addressing External reporting requirements. Assist in audit both from transactions and reporting through audit trail.Functional DeficitNo Gaps identified in this process.Approach to Cover Functional DeficitAs there are No Gaps identified, this is not applicableIntegration & Interface ConsiderationsInterfaces

Sl.No.DescriptionInterface MethodApplicationsData ElementsFrequency / VolumesOwner

1Upload of Trial Balance from Ibos system for Travel Related Services (TRS) into SAP UploadIbosTrial BalanceMonthlyMHRIL Corporate Finance

Reporting Requirements0. Standard ReportsSl. NoRequirementsSAP reports

1GL Account Balances (Totals & Balances )S_ALR_87012301

2GL Line ItemsS_ALR_87012282

3Statements for GL Accounts, Customers & VendorsS_ALR_87012332

4Document JournalS_ALR_87012287

5Line Item JournalS_ALR_87012291

6Display of Changed DocumentsS_ALR_87012293

7Posting Totals Document Type wiseS_ALR_87012344

8Recurring Entry DocumentsS_ALR_87012346

9Structured Account Balances (Balance Sheet & P&L Account in FS Version Format)S_ALR_87012279

Master Data

10Chart of AccountsS_AL:R_87012326

11GL Account ListS_AL:R_87012328

12Display Changes to GL AccountsS_ALR_87012308

0. Developed ReportsReporting

WWRICEF-IDDescriptionReport Type (ABAP, BI, BOBJ)Data ElementsRelevant KPIOwner

Data Migration0. Data Conversion / Historical Data Master Data: For historical data, template will be shared for all master data via GL Accounts by TCS and the data will be given by MHRIL. TCS will map the same in the SAP. For all current transactions, all the Master Data will be created directly in SAP R/3 by the MHRIL Business Users. Transaction Data: Trial balance upload and the cut off usually will be the month end.0. ScopeNoConversions

WWRICEF-IDConversion ObjectSourceConversion Activities (e.g. cleansing)Conversion Method (manual / automated)# of Objects to be convertedOwner

XX-xx-C001

XX-xx-C002

XX-xx-C003

Enhancements & Forms0. Functional DeficitNone0. EnhancementsEnhancements

WRICEF-IDDescriptionData Object (Sales Order)Functional GapAlternative SAP StandardReasonOwner

XX-xx-E001

0. Outputs (e.g. Forms)Output / Forms

WRICEF-IDDescriptionData Object (Sales Order)Output Type (Form, EDI, etc.)FrequencyVolumesOwnerAttachment

XX-xx-O001

Authorization RequirementsAuthoRizAtions

IDAuthorization Role Data Objects Reason# of employees

XX-xx-A001

XX-xx-A002

XX-xx-A003

Workflow RequirementsNone.

Mahindra Holidays & Resorts India LimitedTata Consultancy Services Limited

Project: PARINAAM MHRIL-TCS CONFIDENTIAL Page 10 of 30

Common COADescriptionGroup CodeCommon codeRemarksPrimary CodeSecondary CodeALiabilities

AShareHolders FundsAEquity Share CapitalFully Paid equity share capital10010001Partly paid equity share capital10020001Forfeited Equity Shares10030001Warrants10040001Share Application Money - Equity10050001Share Application Money - Preference10060001Application Money - Warrants10070001Calls In arrear10080001Share Capital Suspense Account10090001

Convertible Preference Share Capital10200001Separate code series will help in IFRS when the preference Non - Convertible Preference Share Capital10210001shares will be shown as loans

ESOPShare-based payment reserveIFRSEmployee Stock Option Outstanding10310001Deferred Employee Compensation Expenses10320001

Own Shares/ Treasury SharesIFRSCapital Contribution Inter CompanyIFRSEquity Component of convertible debt/FCCBs/ Preference SharesIFRS

AReserve & Surplus

General Reserve11010001Movement codes to be finalized for all reserveShare Premium Account11020001Profit & Loss Account11030001Capital Reserve11110001Revaluation Reserve11120001Transaction type structuring required to capture movementsDebenture Redemption Reserve11130001Investment Fluctuation Reserve11140001Hedging Reserve11150001Special Reserve11160001Capital Redemption Reserve11170001Statutory Reserve11180001Foregin Exchange Fluctuation Reserve11190001Foregin Currency Monetary items Translation Diffrence (FCTDMA)11200001Capital Reserve on consolidation11210001Reserve for Contingencies11220001Investment Allowance Reserve11230001Export Development Reserve11240001Surplus on Amalgamation11250001

Fair value movement reserve (AFS)IFRS to be used for change in fair value of available for sale of Financial assets

Inter Division balances1199To be used by each company to track its inter divisional balance within the same company codeM&M AD - Kandivili11990001M&M AD - Nasik11990002M&M AD - Igatpuri11990003M&M AD - Zaherabad11990004M&M AD - Haridwar11990005M&M AD - Marketing11990006M&M FES - Kandivili11990011M&M FES - Nagpur11990012M&M FES - Kandivili11990013M&M FES - Rudrapur11990014M&M FES - Jaipur11990015M&M FES - Swaraj11990016M&M HO11990021M&M SBU11990022M&M SSBU11990023M&M MDS11990024M&M SSG11990025

ALoansDistinguish between ST & LTASecured LoansEach loan to be split into convt & non-convtALong TermConvertible Debentures12010000Also the loans will be fair valued and hence needs to be capturedConvertible Debentures - Group Company12020000Non Convertible Debenture12030000Non Convertible Debenture - Group Company12040000Convertible Bonds12050000Convertible Bonds - Group Company12060000Non convertible Bonds12070000Non convertible Bonds - Group Company12080000Term Loan from Bank12090000Term Loan from FI12100000Foregin Currency Loans from Banks12110000Term loans from Fis'Packing Credit from Bank12120000FCNR Loan12130000Other Loan12140000

AShort TermConvertible Debentures12210000Convertible Debentures - Group Company12220000Non Convertible Debenture12230000Non Convertible Debenture - Group Company12240000Convertible Bonds12250000Convertible Bonds - Group Company12260000Non convertible Bonds12270000Non convertible Bonds - Group Company12280000Term Loan from Bank12290000Term Loan from FI12300000Foregin Currency Loans from Banks12310000Loans & Advances on cash credit from BanksState Bank of India123201HDFC Bank123202ICICI Bank123203AXIS Bank123204Standard Chartered Bank123205Bank of Baroda123206Bank of America123207Working Capital Demand Loan12330000Packing Credit from Bank12340000Secured Overdraft from Bank12350000FCNR Loan12360000Other Loans12370000

AUnsecured LoansALong TermFixed deposits12410000Unsecured loans from Banks12420000Unsecured loans from FI12430000Unsecured loans from Government12440000Sales Tax deferral loans12450000Foregin currency loans from Banks12460000Convertible Debentures12470000Convertible Debentures - Group Company12480000Non Convertible Debenture12490000Non Convertible Debenture - Group Company12500000Convertible Bonds12510000Convertible Bonds - Group Company12520000Non convertible Bonds12530000Non convertible Bonds - Group Company12540000FCNR Loan12550000Subordinate Debt12560000MMFSLCommercial Paper12570000Other Loans12580000Inter Company Loans - Group Companies12590000For Inter company Loan from Group CompanyInter Corporate Loans - Others12600000

AShort TermFixed deposits12710000Unsecured loans from Banks12720000Unsecured loans from FI12730000Unsecured loans from Government12740000Sales Tax deferral loans12750000Foregin currency loans from Banks12760000Convertible Debentures12770000Convertible Debentures - Group Company12780000Non Convertible Debenture12790000Non Convertible Debenture - Group Company12800000Convertible Bonds12810000Convertible Bonds - Group Company12820000Non convertible Bonds12830000Non convertible Bonds - Group Company12840000FCNR Loan12850000Subordinate Debt12860000MMFSLCommercial Paper12870000Overdraft Account from bank12880001Other Loans12890002Inter Company Loans - Group Companies12900003For Inter company Loan from Group CompanyInter Corporate Loans - Others12910004

Fair Value Gain/ Loss on BorrowingsIFRS second effect of it can go to asset/ liability/ income/ expenseAccured Interest on Current LoanIFRSAccured Interest on Non Current LoanIFRSAccured Interest on Inter Corporate Loan(Group Companies)IFRSAccured Interest on Inter Corporate Loan - OthersIFRS

ADeferred Income - CurrentMHRIL relatedAdvance from customer14010001Advance Interest14010002Advance Misc Interest14010003Advance admission fees14010004Advance utilisation fees14010005ADeferred Income - Non Current14020001

AMinority Interest/ Non Controlling Interest14510001To be used in consolidation

ADeferred Tax LiabilitySeparate code for asset & liability, current & non current DTA & DTLDeferred Tax Liability - Fixed Assets/ PPE14610001Deferred Tax Liability - Gratuity14620001Subledgers will be required under IFRSDeferred Tax Liability - Compensated Abscences14630001Deferred Tax Liability - Others14640001

ACurrent Liabilities & Provisions

Acceptances16010001Sundry Creditors - Micro & small enterprises16020001Sundry Creditors - other than Micro & small enterprises16030001Sundry Creditors - Trade16040001Recon AccountSundry Creditors - Capex16050001Recon AccountSundry Creditors - Expenses16060001Recon AccountSundry Creditors - Finance16070001Recon account, MMFSLSundry Creditors - Associate Company16080001Recon AccountSundry Creditors - Others16090001Recon Account, To be used for associate company

Inter Company Creditors16110001Recon Account, To be used for group company creditorsSundry Creditors - Revaluation(Inter Company)16120001To be used for revaluation of foregin currency creditors(Group)Sundry Creditors Grossing Up - Inter Company16130001To be used for grossing up of Sundry Creditors inter CompanyGRIR - Inter Company16140001To be used for GRIR of Inter Company

Sundry Creditors - Revaluation16200001To be used for revaluation of foregin currency creditors. Transaction types to be used such that the entry automatically reverses in the next periodSundry Creditors Grossing Up16210001To be used for grossing up of Sundry Creditors. Transaction types to be used such that the entry automatically reverses in the next periodGRIR16220001VAT Payable16230000CST Payable16240000Excise duty payable16250000Service tax payable16260000Entry Tax Payable16270000Works Contract Tax Payable16280000TDS PayableTDS 192 Salaries16290001TDS 193 Interest on Securities16290002TDS 194 A Int others than securities16290003TDS 194 B Winning from Lottery16290004TDS 194 C Contractors16290005TDS 194 D Insurance comission16290011TDS 194 G Comission16290016TDS 194 H Commission or Brokerage16290021TDS 194 I Rent16290026TDS 194 J Professional Fees16290031TDS 19516290036

Luxury Tax Payable16300000Turnover Tax Payable16310000Entertainment Tax Payable16320000Stamp Charges Payable16330000MMFSLEmployee Deductions payableTo be used for all types of deductions made from employee salary which are payable for eg. Providend fund, life insurance premium, emi, professional TaxProvidend Fund payable16340001Providend Fund Loan Payable16340002ESIC Payable16340003Family Pension Fund Payable16340004Staff Insurance16340005State Insurance Fund16340006Profession Tax Payable16340007Labour Welfare Fund Payable16340008Insurance Premium Recovery16340009Co-operative credit society recovery16340010KC Housing Societ recovery16340011Bank Loan Recovery16340012Superannuation Cont. payable16340013Other Recoveries16340099

Salary/ Wages payable16350001Provision for Bonus16360001Provision for Gratuity16370001Gratuity Trust Account16380001Interest Accrued but not dueInterest Accrued - Debentures16390001Interest Accrued - External Commercial Borrowings16390002Interest Accrued - Inter Company Loan Group company16390003Interest Accrued - Inter Corporate Loan16390004Interest Accrued - Others16390099

Deposits/Advances received against HP/Lease Agreements16400001Recon Account, for MMFSLRetention Money16410001Earnest Money Deposit16420001Advances received from CustomersRecon AccountAdvances received from Customers16430001Customer Credit balance16430099To be used for grossing up

Other LiabilitiesInsurance Payable16440001

Dividend Payable - Equity16450001Dividend Payable - Preference16460001Unclaimed Dividend16470000Unclaimed Debentures/Bonds16480000Balances on Directors Current Account - M & M16490001Recon Account To be used by M & MBalances on Directors Current Account - Group16500001Recon Account To be used by Group Company other than M & M

Current Liabilities - Non currentIFRSAccrued rebates/discounts from VendorsIFRSDiscounting Long term creditorsIFRS

AProvisions

Provision for leavesProvision For PL17010001Provision For SL17010002Provision For EL17010003

Provision for warrantiesProvision for warranties17020001Provision for warranties17020002

Provision for Sp Pension Fund17030001Provision for Contingencies17040001Provisions - Others17050000Provision for Diminution in Long Term Investment17060002Provision for Diminution in value of Investment & Related Assets17070001Provision for Premium payable on redemption of Debenture/ FCCBProvision for Premium payable - Debenture17080001Provision for Premium payable - FCCB17080002Proposed Dividend17090001Income Tax on Proposed Dividend17100002

AAssets

AFixed Assets

AGross BlockATangibleLand - Freehold20010001Leasehold ImprovementsLand - Leasehold20020001Refer AS-10 revised for Component accountingBuilding - Freehold20030001ImpairmentBuilding - Leasehold20040001Revaluation: Transaction typePlant & Machinery20050001Plant & Machinery on Lease20060001Office Equipment20070001Canteen Equipment20080001Electrical Installations20090001Computers & EDP Equipments20100001Furniture & Fixture20110001Furniture & Fixture on Lease20120001Vehicles20130001Vehicles on Lease20140001Leasehold Improvements20150001

AIntangibleGoodwill20300001Technical Knowhow20310001Development Expenditure20320001Software Expenditure20330001Websites20340001Non Compete Fees20350001Timeshare weeks20360001Trademarks20370001Patents20380001IPRs20390001Other Intangibles20400001

ADepreciation FundDep Fund Land - Leasehold20410001Dep Fund Building - Freehold20420001Dep Fund Building - Leasehold20430001Dep Fund Plant & Machinery20440001Dep Fund Plant & Machinery on Lease20450001Dep Fund Office Equipment20460001Dep Fund Canteen Equipment20470001Dep Fund Electrical Installations20480001Dep Fund Computers & EDP Equipments20490001Dep Fund Furniture & Fixture20500001Dep Fund Furniture & Fixture on Lease20510001Dep Fund Vehicles20520001Dep Fund Vehicles on Lease20530001Dep Fund Leasehold Improvements20540001

Provision for Impairment of Assets20600001

AAmortisation of IntangiblesAmortisation of Goodwill20610001Amortisation of Technical Knowhow20620001Amortisation of Development Expenditure20630001Amortisation of Software Expenditure20640001Amortisation of Websites20650001Amortisation of Non Compete Fees20660001Amortisation of Timeshare weeks20670001Amortisation of Trademarks20680001Amortisation of Patents20690001Amortisation of IPRs20700001Amortisation of Other Intangibles20710001

Investment PropertyIFRSDep Fund Investment PropertyIFRSNon Current Assets held for saleIFRSFair value gain loss on Non Current assets held for saleIFRS

ACapital Work in Progress

CWIP Building20810001CWIP P&M20820001CWIP F&F20830001CWIP Vehicles20840001To be used for prototypes

AInvestmentsAUnquotedALong TermEquity Shares - Subsidiaries21010001Equity Shares - Associates21020001Equity Shares - Joint Venture21030001Equity Shares - Others21040001Preference Shares - Subsidiaries21050001AS 30 / 31 for investments - separate grouping issue or does that require new codesPreference Shares - Associates21060001How will this match up with IGAAP in the current contextPreference Shares - Joint Venture21070001Preference Shares - Others21080001Debentures21090001Debentures - Subsidiaries21100001Bonds21110001Bonds - Subsidiaries21120001Government Securities21130001Commercial Paper21140001Certificate of Deposits21150001Units21160001Investment in Trust21170001Others21180001

AShort TermEquity Shares - Others21310001Preference Shares - Others21320001Debentures21330001Debentures - Subsidiaries21340001Bonds21350001Bonds - Subsidiaries21360001Government Securities21370001Commercial Paper21380001Certificate of Deposits21390001Units21400001Investment in Trust21410001Others21420001

AQuotedALong TermEquity Shares - Subsidiaries21510001Equity Shares - Associates21520001Equity Shares - Joint Venture21530001Equity Shares - Others21540001Preference Shares - Subsidiaries21550001Preference Shares - Associates21560001Preference Shares - Joint Venture21570001Preference Shares - Others21580001Debentures21590001Debentures - Subsidiaries21600001Bonds21610001Bonds - Subsidiaries21620001Government Securities21630001Commercial Paper21640001Certificate of Deposits21650001Units21660001Investment in Trust21670001Others21680001

AShort TermEquity Shares - Others21810001Preference Shares - Others21820001Debentures21830001Debentures - Subsidiaries21840001Bonds21850001Bonds - Subsidiaries21860001Government Securities21870001Commercial Paper21880001Certificate of Deposits21890001Units21900001Investment in Trust21910001Others21920001

Investment - Common ControlIFRSInvestment - Held to MaturityIFRSInvestment - Held to Maturity - CurrentIFRSInvestment - Available for saleIFRSInvestment - Available for sale - CurrentIFRSInvestment - TradingIFRSInvestment - Trading - CurrentIFRSFair value gain/loss on Investment AFSIFRSFair value gain/loss on Investment TradingIFRSAccretion of interest on Current HTM investmentIFRSAccretion of interest on Non Current HTM investmentIFRS

ACurrent Assets, Loans & AdvancesACurrent AssetsAInventoriesFinished Goods23010001Contract and Work in Progress23020001Stock-in-transit separate for FG and for RMManufactured Components23030001Raw Material and Bought out components23040001Stock In transit - Raw Material & WIP23050001Stock In transit - Finished Goods23060001Stock on Hire23070001Construction Work in Progress23080001Food & Beverages23090001Stores & Spares23100001Tools23110001Dies23120001

ASundry DebtorsSundry Debtors - Local Trade23510001Recon AccountSundry Debtors - Local Services23520001Recon AccountSundry Debtors - Local Government23530001Recon AccountSundry Debtors - Local Scrap23540001Recon AccountSundry Debtors - Local HP/ Lease23550001Recon AccountSundry Debtors - Local Others23560001Recon AccountSundry Debtors - Foreign23570001Recon AccountSundry Debtors - Revaluation23580001To be used for revaluation of foreign currency debtors. Transaction types to be used such that the entry automatically reverses in the next periodSundry Debtors - Unbilled23590001Sundry Debtor - Associates23600001Recon AccountSundry Debtors Grossing up23610001To be used for grossing up of debtors and bifurcating of debtors between over 6 months and others and t/f of credit balance to creditors account. Transaction types to be used such that the entry automatically reverses in the next period

Outstanding over 6 months considered Good23650001Qualitative disclosure eq debtors classification based on geographical, credit quality, govet etc, significant customers, top 2 top 5 customers, ageing past dueOutstanding over 6 months considered doubtful23660001Provision for Doubtful Debts over 6 months23670001Ageing of provision for doubtful debts on past due basisOther Debts considered good23680001Other Debts considered Doubtful23690001Provision for Doubtful Debts others23700001Ageing of provision for doubtful debts on past due basisUnmatured Finance charges23810001

Inter Company Debtors23710001Recon Account, To be used for recording debtors of group companySundry Debtors - Revaluation(Inter Company)23720001To be used for group companiesSundry Debtors Grossing up - Inter Company23730001To be used for group companiesOutstanding over 6 months considered Good - Inter Company23740001To be used for group companiesOutstanding over 6 months considered doubtful - Inter Company23750001To be used for group companiesProvision for Doubtful Debts over 6 months - Inter Company23760001To be used for group companiesOther Debts considered good - Inter Company23770001To be used for group companiesOther Debts considered Doubtful - Inter Company23780001To be used for group companiesProvision for Doubtful Debts others - Inter Company23790001To be used for group companies

Accrued rebates/discounts to dealer/ customersIFRSDiscounting Long term DebtorsIFRS

ACash & Bank BalancesACash Cheques and Stamps on handCash on Hand/Petty CashCash on Hand24010001Cash on Hand- Petty Cash24010002Site codes to be assigned. In implementation this needs to auto-linked to user groupCheques on Hand24020001Foreign Exchange in Hand24030001To check with MHRIL - regulatory issues?Franking Machine24040001Imperest Account24050001Stamps & Bullion24060001

ABank BalanceBalances with Scheduled Bank on Current Account24110000Balances with Scheduled Bank on Collection Account24120000Balances with Scheduled Bank on Fixed Deposit Account24130000Balances with Scheduled Bank on Margin Account24140000Balances with Non Scheduled Bank on Current Account24150000TO be default code for overseas entitiesBalances with Non Scheduled Bank on Fixed Deposit Account24160000TO be default code for overseas entitiesBalances with Non Scheduled Bank on Margin Account24170000TO be default code for overseas entities

Bank Grossing Up24210000

Balances with Scheduled Bank on Current AccountState Bank of India80010000Bank of Baroda80020000Bank of IndiaCentral Bank of India80030000Union Bank of India80040000United Bank of India80050000Canara Bank80060000Corporation Bank80070000Punjab National BankAndhra BankState Bank of TravencoreState Bank of Bikaner & JaipurDena BankBank of PunjabBank of MaharashtraIndian Overseas BankIndusind BankING Vysya BankHDFC BankAxis BankICICI BankKotak Mahindar BankStandard Chartered Grinzalays BankHSBCCITI BankBank of AmericaUnited Western BankAbn Amro Bank

Balances with Scheduled Bank on Fixed Deposit Account - Non CurrentIFRSBalances with Scheduled Bank on Margin Account - Non CurrentIFRSBalances with Non Scheduled Bank on Fixed Deposit Account - Non CurrentIFRSBalances with Non Scheduled Bank on Margin Account - Non CurrentIFRS

Other Current AssetsInterest Receivable2451Plant & Machinery held for sale2452Dividend Receivable2453Other Receivables2454Share Application money paid2455

Derivative Financial Assets - Forward Contract2461Forward Contracts, optionsDerivative Financial Assets - Options2462Derivative Financial Assets - Interest Rate Swaps2463Derivative Financial Assets - Currency Swaps2464Derivative Financial Assets - Commodities2465Derivative Financial Assets - Others2466

ALoans & AdvancesIntercompany Loan25010001Recon Account, To be used for recording loans of group companyIntercompany Loans considered good25020001To be used for recording loans of group companyIntercompany Loans considered doubtful25030001To be used for recording loans of group companyProvision for Intercompany Doubtful Loans25040001Grossing Up of Inter Company Loan25050001To be used for grossing up of intercompany loan between good & doubtfulIntercompany Advances25060001Recon Account, To be used for recording Advances of group companyIntercompany Advances considered good25070001To be used for recording Advances of group companyIntercompany Advances considered doubtful25080001To be used for recording Advances of group companyProvision for Intercompany Doubtful Advances25090001Grossing Up of Inter Company Advances25100001To be used for grossing up of intercompany advances between good & doubtful

Intercorporate/Trade Advances/ Deposits25110001Intercorporate/Trade Advances/ Deposits - Associates25120001Intercorporate/Trade Advances/Deposits considered good25130001To be used for recording loans/advances to other than group companiesIntercorporate/Trade Advances/Deposits considered Doubtful25140001To be used for recording loans to other than group companiesProvision for Doubtful intercorporate/trade Deposits25150001Grossing Up of Intercorporate/trade Deposit25160001To be used for grossing up of intercorporate deposits between good & doubtful

Bills of Exchange25210001Bills of Exchange considered good25220001Bills of Exchange considered doubtful25230001Provision for doubtful bills25240001Grossing Up of Bills25250001To be used for grossing up of bills between good & doubtful

Loans against assets/Retained Interest in Securitised Assets Considered Good25310001MMFSLLoans against assets/Retained Interest in Securitised Assets Considered Doubtful25320001MMFSLProvison for Doubtful Loans against assets25330001MMFSLGrossing Up of Loans against assets25340001

Advance receivable in Cash or Kind25510001Advance receivable in Cash or Kind - Doubtful25520001Provision for Doubtful Advances25530001Advances to Suppliers25540001Recon AccountTravel Advance25550001Recon AccountAdvance Salary25560001Recon AccountLoan to employee25570001Recon AccountLoans to Key Manegerial Personnel25580001Recon AccountAdvances to employees - expenses25590001Recon AccountFestival advance25600001Recon AccountPrepaid Expenses25610001Security Deposit25620001Recon AccountOther Deposits25630001VAT recivable25640001Claims Receivable/ Recoverable Expenses25650001Grossing up of Loans & Advances25990001To be used for grossing up of Advance receivable in cash or kind between good & doubtful

Interest Accured ReceivableIFRSDay 1 diffrence in fair value in Loans & AdvancesIFRSGain / Loss on Fair Vale of loans & advancesIFRSInterest Accured ReceivableIFRS

APaymnet Toward Income Tax and surtaxAdvance Payment of Income Tax26010001Advance Payment of Sur Tax26020001Advance Payment of Fringe Benefit Tax26030001TDS receivable26040001Provisions for Income Tax26050001Provisions for Fringe Benefit Tax26060001

ABalances - Customs, Port Trust, ExcisePLA deposits26510001Cenvat receivable account26520001Service Tax receivable account26530001Custom Deposits26540001

AMiscellaneous expenses to the extent not written offFinance Charges26910001Separation & Other Cost26920001Others26930001

ADeferred Tax AssetsDeferred Tax Assets - Compensated Expenses27010001Subledger required for IFRSDeferred Tax Assets - Doubtful Debts/ Advances27020001Deferred Tax Assets - Unabsorbed Depreciation27030001Deferred Tax Assets - Redemption of Bonds27040001Deferred Tax Assets - Gratuity27050001Deferred Tax Assets - Post Retiral Medical Benefit27060001Deferred Tax Assets - Others27070001

AIncome

AIncome from Sales/ Services

Income from Sales : Manufactured Goods- Local40010001How the account codes are to be used by Foregin companies?Income from Sales : Manufactured Goods- Export40020001Income from Sales : Traded Goods- Local40030001Income from Sales : Traded Goods- Export40040001Income from Services - Local40050001Income from Services - Export40060001Income From Sale of Spares40070001Income From Sale of Spares - Export40080001Profit on Sale of Investments40090001For investment companies/ finance companiesInterim Dividend - Subsidiary 40100001For investment companies/ finance companiesDividend Income - Subsidiary40110001For investment companies/ finance companiesDividend Income - Others40120001For investment companies/ finance companiesInterest on Government securities40130001For investment companies/ finance companiesInterest on Debentures40140001For investment companies/ finance companiesInterest on Bonds40150001For investment companies/ finance companiesInterest on Fixed Deposit40160001For investment companies/ finance companiesInterest Inter Corporate Deposits40170001For investment companies/ finance companiesInterest Others40180001For investment companies/ finance companiesInterest on Debentures - Intercompany40190001To be used for Group Company interest income, For investment companies / finance companyInterest on Intercompany Deposits40200001To be used for other Companies interest income, For investment companies / finance companyDividend Income40210001For investment companies/ finance companiesTime Share Income40220001Income from Resort40230001Income from Lease40240001Income from Hire Purchase40250001Income from LoanIncome from Loan - Pre EMI40260001Income from Loan - Post EMI40260002Income from Loan - Penal Interest40260003Income from Loan - Others40260099Income from Mutual Fund distribution40270001Income from Subvention40280001Income from Securitisation40290001Duty Drawback40300001AMC Income40310001Income From Projects40320001MLDLIncome from Long Term Contract40330001MLDLLand Lease Premium40340001Unbilled Revenue40350001Sales Return40360001To be used to record sales returnInter Company Sales/ Services 40370001To be used for recording all inter company sales & services

Service Concession IncomeIFRSTimming Diffrence in SalesIFRS, To be used for reversal of Sales in case revenue recognition is based on delivery

ATaxesExcise Duty50310001Excise Duty - Inter Company sales50320001To be used for recording Excise Duty on Inter Company Sales

AIncome from OperationComission received - Operating41010001Scrap Sales41020001Oil Royalty Income41030001Rent Received - Operating41040001OperatingOctroi Refund41050001Processing Fees/Document Charges41060001MMFSLOther Operating Income41070000

AOther IncomeInterim Dividend - Subsidiary 42010001Interim Dividend - Associates42020001Interim Dividend - Joint Venture42030001Dividend Income - Subsidiary42040001Dividend Income - Associates42050001Dividend Income - Joint Venture42060001Dividend Income - Others42070001Profit on Sale of Fixed assets42080001Profit on Sale of Investments42090001Rent Received - Non operating42100001Income From Trust42110001Comission Received - Non Operating42120001Exchange Gain42130001Profit on Bonds Buyback42140001Miscellaneous Income42150000

Fair Value Gain on Borrowings/ Non Current LiabilitiesIFRSFair Value Gain on Non Current AssetsIFRS

AInterest IncomeInterest on Government securities43010001Interest on Debentures43020001Interest on Bonds43030001Interest on Fixed Deposit43040001Interest Inter Corporate Deposits43050001Interest Others43060001

Interest on Debentures - Intercompany43110001To be used for Group Company interest incomeInterest on Intercompany Deposits43120001To be used for other Companies interest income

Interest on Deferred ReceivableIFRS

Deemed Divestiture Profit44010000To be used in consolidation

AExpenses

ACost of Raw Material, Semi-finished and Finsihed goodsPurchase of Raw Material - Local50010001Purchase of Raw Material - Imported50020001Purchase of Finished Goods - Local50030001Purchase of Finished Goods - Imported50040001Processing Charges50050001To be used for all jobwork charges/ processing charges directly relating to productionOpening Stock - Raw Material60400001Opening Stock - Manufactured Component60300001Opening Stock - Finished Goods60100001Opening Stock - WIP60200001Opening Stock In Transit - RM60500001Opening Stock In Transit - FG60600001Opening Stock - Construction Work in Progress60800001Closing Stock - Raw Material62400001Closing Stock - Manufactured Component62300001Closing Stock - Finished Goods62100001Closing Stock - WIP62200001Closing Stock In Transit - RM62500001Closing Stock In Transit - FG62600001Closing Stock - Construction Work in Progress62800001Freight InwardFreight Inward - Road/Rail50060001Freight Inward - Air Freight50060002Freight Inward - Loading/unloading50060003Freight Inward - Demmurage50060004Freight Inward - Service Tax50060005Freight Inward - Others50060099

Octroi Charges50070001Purchase Price Variance50080001Inventory Written off50090001Inventory Written back50100001To be used reversal of written off inventories

Inter company purchases50080000To be used for Group company purchasesInter company purchases - Taxes50090001To be used for Group company purchases where the receiving company does not receive tax benefit

Inter Division for t/f of material50110000To be used by each company for its interdivisional purchase & Sales( to be used only for materials)

Consumption of Raw Material50150001Consumption of Consumables50160001

Excise Duty50410001

APersonnel Expenses

Salaries, Wages and BonusDirect Wages - Basic51010001Direct Wages - Dearness Allowance51010002Direct Wages - Special Pay51010003Direct Wages - Special Allowance51010004Direct Wages - Adhoc Allowance51010005Direct Wages - Medical Allowance51010006Direct Wages - Washisng Allowance51010007Direct Wages - Other Allowances51010008Direct Wages - Overtime51010009Direct Wages - Others51010010

Indirect Wages - Basic51010051Indirect Wages - Dearness Allowance51010052Indirect Wages - Special Pay51010053Indirect Wages - Special Allowance51010054Indirect Wages - Adhoc Allowance51010055Indirect Wages - Medical Allowance51010056Indirect Wages - Washisng Allowance51010057Indirect Wages - Other Allowances51010058Indirect Wages - Overtime51010059Indirect Wages - Others51010060

Staff Salaries - Basic51010101Staff Salaries - Dearness Allowance51010102Staff Salaries - Special Pay51010103Staff Salaries - Special Allowance51010104Staff Salaries - Adhoc Allowance51010105Staff Salaries - Medical Allowance51010106Staff Salaries - Washisng Allowance51010107Staff Salaries - HRA51010108Staff Salaries - Other Allowances51010109Staff Salaries - Overtime51010110Staff Salaries - Others51010111

Officer Salaries - Basic51010151Officer Salaries - Dearness Allowance51010152Officer Salaries - HRA51010153Officer Salaries - Adhoc Allowance51010154Officer Salaries - Special Allowance51010155Officer Salaries - Conveyance Allowance51010156Officer Salaries - Flexi Pay51010157Officer Salaries - Superannuation Allowance51010158Officer Salaries - Medical reimbursement51010159Officer Salaries - Other Allowances51010160Officer Salaries - Others51010161Car Expenses

Remunaration to directors51010201Comission to directors51010202

Bonus - Direct Workmen51010211Bonus - Indirect Workmen51010212Bonus - Staff51010213Ex-gratia - Direct Workmen51010214Ex-gratia - Indirect Workmen51010215Ex-gratia - Staff51010216Ex-gratia - Officer51010217

Performance Pay- Officer51010221Spot Award - Officers51010222Spot Award - Staff51010223Spot Award - Workmen51010224

Salary in lieu of PL - Staff51010231Salary in lieu of PL - Officer51010232Direct Wages in lieu of PL51010233Indirect Wages in lieu of PL51010234

Leave Encashment - Officers51010241Leave Encashment - Staff51010242Leave Encashment - Workmen51010243

LTA - Officers51010251LTA - Staff51010252LTA - Workmen51010253

Retrencment Compensation51010255VRS 51010256

Food Coupans51010261Fuel Reimbursement/ Reim of Car Expenses51010262

Provision for privilage leave - officer51010271Provision for privilage leave - Staff51010272Provision for sick leave - Staff51010273Provision for EL - officer51010274

Contribution to Provident Fund and Other Funds

Company's contribution to PF - Officer51020001Company's contribution to PF - Staff51020002Company's contribution to PF - Direct Workmen51020003Company's contribution to PF - Indirect Workmen51020004Co contribution to PF on leave encashment - Direct51020005Co contribution to PF on leave encashment - Indirect51020006

Company's contribution to Superannuation fund - Officers51020051Company's contribution to Superannuation fund - Staff51020052Company's contribution to Superannuation fund - Direct Workmen51020053Company's contribution to Superannuation fund - Indirect Workmen51020054

Company's contribution to Family pension scheme51020101Company's contribution to FPF51020102Company's contribution to Employe pension scheme - officer51020103Company's contribution to Employe pension scheme - Staff51020104

Company's contribution to group insurance51020111

Gratuity5103Gratuity Paid51030001Gratuity Provisions51030002

Employee welfare expenses51040001Company contribution to ESIS - Direct Workmen51040002Company contribution to ESIS - Indirect Workmen51040003Company contribution to ESIS - Staff51040004

Co cont to Labour Welfare Fund51040005Co cont to staff Welfare Fund51040006

Staff Tea Expenses51040011Satff uniform51040012Staff Studies - Seminar/Training51040016Staff Studies - Seminar/Training51040017

Staff Welfare Expenses - Lunch/Refreshment51040021Staff Welfare Expenses - Others51040022

Medical expenses - Officers51040031Medical expenses - Staff51040032Medical expenses - Workmen51040033Medical expenses - Directors51040034

Canteen Expenses51040041Canteen Recovery51040042

Club Expenses51040051Sports Expenses51040052Other Welfare expenses51040101

Holiday Home/Guest Houses - Rent51040151Holiday Home/Guest Houses - Others51040152

ESOPEmployee Compensation expenses51050001

AInterest Comittment & finance chargesOn Term Loans - Rupee Loans53010001On Term Loans - Foreign Currency Loans53020001On Debenture Loans - Rupee Loans53030001On Debenture Loans - Foreign Currency Loans53040001On Other Borrowings - Rupee Loans53050001On Other Borrowings - Foreign Currency Borrowings53060001Commitment Charges on Long Term Loans53070001Commitment Charges on Debenture Loans53080001Commitment Charges on Other Loans53090001Interest on Fixed deposit53100001Interest on cash credit53110001Interest Others53120001

Interest in Intercompany Loan53150001To be used for Group company loan

Finance Charges53200001

Interest Capitalised53250001

Interest on deferred Payment - InventoryIFRSInterest on deferred Payment - Fixed AssetsIFRSDividend on Preference ShareIFRS

ADepreciation/ AmortosationDepreciation Land - Leasehold52010001Depreciation Building - Freehold52020001Depreciation Building - Leasehold52030001Depreciation Plant & Machinery52040001Depreciation Plant & Machinery on Lease52050001Depreciation Office Equipment52060001Depreciation Canteen Equipment52070001Depreciation Electrical Instalations52080001Depreciation Computers & EDP Equipments52090001Depreciation Furniture & Fixture52100001Depreciation Furniture & Fixture on Lease52110001Depreciation Vehicles52120001Depreciation Vehicles on Lease52130001Amortisation - Goodwill52210001Amortisation - Technical Knowhow52220001Amortisation - Development Expenditure52230001Amortisation - Software Expenditure52240001Amortisation - Websites52250001Amortisation - Non Compete Fees52260001Amortisation - Timeshare weeks52270001Amortisation - Trademarks52280001Amortisation - Patents52290001Amortisation - IPRs52300001Amortisation - Other Intangibles52310001

Provision for Impairment of Assets52410001

Depreciation - Investment PropertyIFRS

AOverheads/selling/ administrative & general expensesStore consumed54010001Generally factory overhead

Tools consumedTools consumed - Manufactured54020001Tools consumed - Bought Out54020002

Dies consumedDies consumed - Manufactured54030001Dies consumed - Bought Out54030002

Power & FuelPower & Fuel - Electricity Factory/Stores54040001To be used for electricity expenses of factories, stores, resorts, showroomsPower & Fuel - Electricity Offices54040002Power & Fuel - Electricity Others54040003Power & Fuel - Generated Power54040004To be used for consumption of diesel/ gas used for generating powerPower & Fuel - Others54040005

Rent including lease rentalsRent - Land54050001Rent - Factory Building/Stores54050002To be used for rental expenses of factories, stores, resorts, showroomsRent - Offices54050003Rent - Plant & Machinery54050004Rent - Warehouse/Stockyard54050005Rent - Others54050007

Rates & TaxesRates & Taxes - Property/Municiple Tax54060001Rates & Taxes - Factory/Store Licence54060002Rates & Taxes - Water Charges54060003Rates & Taxes - RTO54060004Taxes of vehiclesRates & Taxes - Others54060005

Insurance expensesInsurance expenses - Assets54070001Insurance expenses - Vehicles54070004Insurance expenses - Marine54070006Insurance expenses - Stock54070007Insurance expenses - Cash54070008Insurance expenses - Mediclaim54070009Insurance expenses - Others54070010

Repairs & Maintenance - BuildingsRepairs & Maintenance Buildings - Painting54080001Repairs & Maintenance Buildings - Renovation54080002Repairs & Maintenance Buildings - Others54080099

Repairs & Maintenance - MachineryRepairs & Maintenance Machinery - Reconditioning54090001Repairs & Maintenance Machinery - Preventive Maintenance54090002Repairs & Maintenance Machinery - Computers54090003Repairs & Maintenance Machinery - AMC54090004Machinery Spares Consumed54090006Repairs & Maintenance Machinery - Others54090099

Repairs & Maintenance - OthersRepairs & Maintenance Others - Furnitures & Fixtures54100001Repairs & Maintenance Others - Garden54100002Repairs & Maintenance Others - Housekeeping54100003Repairs & Maintenance Others - AMC54100004Repairs & Maintenance Others54100099

PostagePostage - Stamps54110001Postage - Courier54110002Postage - Franking Machines54110003

Telephone & Communication ExpensesTelephone Expenses - Factory/Office54120001Telephone Expenses - Residence54120002Telephone Expenses - Mobile54120003Telephone Expenses - Leased Lines54120004Telephone Expenses - Fax54120005Internet Charges54120006VSAT Connectivity54120007

Travelling Expenses - DomesticTravelling Expenses - Air Fare54130001Travelling Expenses - Train Fare54130002Travelling Expenses - Bus/Car expenses54130003Travelling Expenses - Hotel/ Boarding54130004Travelling Expenses - TA/DA54130005Office Car expenses54130006Travelling Expenses - Others54130007Travelling Expenses Others - Non Employees54130011

Travelling Expenses - ForeginTravelling Expenses Foregin - Air Fare54140001Travelling Expenses Foregin - Hotel/Borading54140002Travelling Expenses Foregin - TA/DA54140003Travelling Expenses Foregin - Others54140004Travelling Expenses Foregin Others - Non Employees54140011

Directors Travelling expenses - localDirectors Travelling Expenses - Air Fare54150001Directors Travelling Expenses - Train Fare54150002Directors Travelling Expenses - Bus/Car expenses54150003Directors Travelling Expenses - Hotel/ Boarding54150004Directors Travelling Expenses - TA/DA54150005Directors Travelling Expenses - Others54150006

Directors Travelling expenses - ForeginDirectors Travelling Expenses Foregin - Air Fare54160001Directors Travelling Expenses Foregin - Hotel/Borading54160002Directors Travelling Expenses Foregin - TA/DA54160003Directors Travelling Expenses Foregin - Others54160004

Conveyance54170001

Discount Allowed54180001

Printing & StationeryPrinting & Stationery - Regular Stationery54190001Printing & Stationery - Computer Stationery54190002Printing & Stationery - Xerox Charges54190003Printing & Stationery - Printing Charges54190004Printing & Stationery - Annual Report54190005

Legal feesLegal fees - Company Law Matters54200001Legal fees - Income Tax Matters54200002Legal fees - Sales Tax Matters54200003Legal fees - Excise & Service Tax Matters54200004Legal fees - Property Related54200005Legal fees - Product Related54200006Legal fees - Others54200007

Professional feesProfessional fees - Techinical Consultancy54210001Professional fees - Management Consultancy54210002Professional fees - Foregin Consultants54210003Professional fees - Retainers Fees54210004Professional fees - Engg.,Design Consultancy54210005Professional fees - Others54210099

Audit Fees54220001Auditors Remunaration54230001Auditors - Out of Pocket Expenses54240001

Office Expenses54250001

Subcontracting Charges5426ITHire ChargesHire Charges - Computers54270001Hire Charges - Furnitures54270002Hire Charges - Aircraft54270003Hire Charges - Others54270099

Service ChargesLogisticsService Charges - Security Services54280001Service Charges - Installation & maintenance54280002Service Charges - Others54280099

Software Charges54290001

Cost of Projects, PropertyRoshanArchitect Fees54300001Cement, Bricks, Tiles & other material54300002Development Rights Purchased54300003Subcontracting of Construction54300004Cost of Constructions54300005

Wealth Tax54310001

Comission on sales, servcies, contractsGenerally Sales & Marketing expensesComission on Sales/Services - Domestic54410001Comission on Sales/Services - Exports54410002Brokerage on sales/services54410003Service Coupan Comission54410004

Provision for Doubtful Debts/AdvancesDoubtful Debts Provided54420001Doubtful Advances Provided54420002

Bad Debts/AdvancesBad Debts written off54430001Bad Advances written off54430002Write Back of Bad Debts54430003Write Back of Bad Advances54430004

Provision Written BackWrite Back of doubtful debts54440001Write Back of doubtful advances54440002

Advertisement ExpensesAdvertisement Expenses - Newspaper/Magzine54450001Advertisement Expenses - Radio/TV/Documentory54450002Advertisement Expenses - Leaflets54450003Advertisement Expenses - Sponsorship54450004Advertisement Expenses - Artworks54450005Advertisement Expenses - Others54450006

Freight Outward & delivery chargesFreight Outward - Domestic54460001Freight Outward - Export54460002Delivery charges - Stockyard/ depos54460003Freight Outward - Service Tax54460004

Sales Promotion ExpensesSales Promotion Expenses - Dealer Incentive54470001Sales Promotion Expenses - Dealer conference54470002Sales Promotion Expenses - Dealer entertainment54470003Sales Promotion Expenses - New Model Launch Expenses54470004Sales Promotion Expenses - Gift Article54470005Sales Promotion Expenses - Exports54470006Sales Promotion Expenses - Telemarketing54470007Sales Promotion Expenses - Othermarketing Expenses54470008Sales Promotion Expenses - Others54470099

Warranty expensesWarranty Claims54480001Extended Warranty Expenses54480002

Stockyard expensesStockyard expenses - Service Charges54490001Stockyard expenses - Others54490099

Directors fees54510001Donation & contribution54520001Corporate social responsibility expenses54530001Research and development expenses5454Royalty5455Guest House expenses5456Packing Material consumed/ Consumables5457Bank ChargesBank Charges - DD/TT Charges54580001Bank Charges - LC Charges54580002Bank Charges - Lead Manager Fees54580003Bank Charges - Others54580099

Books & periodicals54590001Laboratory expensesLaboratory expenses - Testing Charges54600001Laboratory expenses - Others54600002

Subscription & Membership feesSubscription & Membership fees - Corporate Membership54610001Subscription & Membership fees - Local54610002Subscription & Membership fees - Foregin54610003

Recruitment expenses54620001Packing Expenses54630001

Hospitality expensesHospitality expenses - Lunch & Dinner54640001Hospitality expenses - Refreshment54640002

Entertainment expenses54650001Expenditure in Foregin Currency54660001Control accountLoss on sale of Investment54670001Loss on sale of fixed assets54680001Exchange Loss54690001Cost of manufacturing products capitalised5470

Reposession & Parking ChargesMMFSLRepossession Charges54710001Parking Charges54710002

Dimunition in value of Long Term Investment54720001Excess of cost over fair value of Current Investments(Net)54730001Sundry Balances Written off54740001Amortisation of Expenses54750001General & Misc ExpensesGen & Misc Exp - PF inspection & supervision charges54760001Gen & Misc Exp - Labour/coolie charges54760002Gen & Misc Exp - Pooja Expenses54760003Gen & Misc Exp - Filing Fees54760004Gen & Misc Exp - Non wholetime directors commision54760005Gen & Misc Exp - Stamp papers/adhensive stamps54760006Gen & Misc Exp - AGM Expenses54760007Gen & Misc