Cheque receipts
This query is : Resolved
24 June 2014
i have two busineses under one company.in tally ERP 9, i create seperate company accounts for each business.but some parties give single cheque for two business. so i cant entry it in one accounts because part payment is related to another business. also the reconcialation is a problem for me..what i can do in these cases.
please help me.
please help me.
Sandeep Dharar
(Expert)
24 June 2014
David if separate bill is raised by u, then ask the party to issue separate cheques in name of different enterprises. This is also demanded by the IT Department.
24 June 2014
the company name is same. thats y they are giving one cheques for all.
Sandeep Dharar
(Expert)
24 June 2014
If company's name r same then y r u maintaining separate books?
24 June 2014
businesses are different.one is guarage and othr is drinking water supply
Sandeep Dharar
(Expert)
24 June 2014
I didn't understand that, the 2 business not having separate identity and name.
Well, in that case u have to divide the cheque amount in ratio and enter into Tally.
Well, in that case u have to divide the cheque amount in ratio and enter into Tally.
24 June 2014
no seperate identity.for knowing the profit for each business, i opened differnt tally accounts for each business under same company name.
Sandeep Dharar
(Expert)
24 June 2014
So, there is no option to divide the receipts in ratio
24 June 2014
can i put journal entry by treating it as loan to other company. payment relates to other business paid as loan.. is it possible?
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