Accounts tally


This query is : Resolved 

Quick Summary
This discussion explains how to record consultancy fees received from Suresh Jewellery in Tally, specifically when a discount has been applied. It provides the accounting entries needed to reflect both the discount given and the net amount received, ensuring accurate financial records.

(Querist)
23 August 2023 Consultancy fees received from Suresh jewellery after giving discount of rs20000
How to record it in tally


23 August 2023 Are You showing the Discount in Your Invoice...???!

26 August 2023 1. Suresh Jewellery - Dr. XXX
Discount - Dr. 20,000
Consultancy Fee - Cr. XXX

2. Bank / Cash - Dr.
Suresh Jewellery - Cr.


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