Branch office
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 May 2012
Hello,
If a company has a branch and has only one bank account ...........then how can the exp of both head office & branch handle by this bank ,,,,,,,,,how can be it shown in Tally.............please help me urgently needed...........
If a company has a branch and has only one bank account ...........then how can the exp of both head office & branch handle by this bank ,,,,,,,,,how can be it shown in Tally.............please help me urgently needed...........
11 May 2012
The Bank A/c shall be shown in the books of the head office.
The head office will incur expenses on behalf of the branch from that bank and shall debit the branch for the same.
Any amount received on behalf of the branch shall be credited to Branch A/c and debited to Bank A/c.
However, you should open separate bank accounts to maintain a proper track of receipts and payments and also to avoid problems of reconciliation.
The head office will incur expenses on behalf of the branch from that bank and shall debit the branch for the same.
Any amount received on behalf of the branch shall be credited to Branch A/c and debited to Bank A/c.
However, you should open separate bank accounts to maintain a proper track of receipts and payments and also to avoid problems of reconciliation.
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 May 2012
thank u so much sir....
can u help me for the cash entry also?
we do the same with cash also or some thing different.
can u help me for the cash entry also?
we do the same with cash also or some thing different.
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