ACCOUNTS TALLY ENTRY REG-


This query is : Resolved 

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This discussion clarifies how to record a school van fine paid to the RTO in Tally. The recommended approach is to post the amount under 'Indirect Expenses' using a ledger such as 'Fine & Penalties' or 'Miscellaneous Expenses', ensuring a clear narration is included.

(Querist)
12 January 2024 SCHOOL VAN FINE AMOUNT COMES UNDER WHAT LEDGER IN TALLY

RAJA P M (Expert)
12 January 2024 Fine paid or Collect...? please elaborate

ramya (Querist)
13 January 2024 @RAJA P M, Fine paid to RTO for school van accident

RAJA P M (Expert)
13 January 2024 You can account it under Indirect Expenses as "Fine&Penalties" with suitable narration... Also account the same as miscellaneous expenses with suitable...


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