A/C ENTRY OF GOODS IN TRANSIT IMPORT RAW MATERIAL
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 August 2010
dEAR sIR
WE HAVE PASSED THE A/C ENTRY OF IMPORTED RM AT 31-3-2010 IS GIT-RM IMPORT TO O/S LIABILITIES AND REVERSE IN 2009-10 GOODS IN TRANSIT IS IN UNDER THE GROUP OF PURCHASE IN TALLY PLS PROVIDE THE CORRECT ENTRY WITH GROUP IN TALLY
WE HAVE PASSED THE A/C ENTRY OF IMPORTED RM AT 31-3-2010 IS GIT-RM IMPORT TO O/S LIABILITIES AND REVERSE IN 2009-10 GOODS IN TRANSIT IS IN UNDER THE GROUP OF PURCHASE IN TALLY PLS PROVIDE THE CORRECT ENTRY WITH GROUP IN TALLY
CMA Ramesh Krishnan
(Expert)
31 August 2010
Once you receive the material
Need to Dr: Purchase -Import a/c to Goods in transit a/c under both ledgers in Purchase group
Need to Dr: Purchase -Import a/c to Goods in transit a/c under both ledgers in Purchase group
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