Auto sweep facility
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 February 2012
Dear Sir/Madam,
1. What is Auto Sweep Facility?
2. What is the grouping in Tally?
3. How to post entries?
Please give me a detail explanation with an examples.
1. What is Auto Sweep Facility?
2. What is the grouping in Tally?
3. How to post entries?
Please give me a detail explanation with an examples.
12 May 2012
1. Auto sweep facility means that the funds in the bank account will be transferred to a fixed deposit account as soon as they cross the specified limit.
2. Open FDR account under investments.
3. Entry will be:
FDR A/c Dr
To Bank A/c
2. Open FDR account under investments.
3. Entry will be:
FDR A/c Dr
To Bank A/c
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