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Clarification on accounting head

This query is : Resolved 

Under which accounting head ledger for Discount/ rate difference ledger should be created used for both credit note issued & credit note received as well as debit note issued & debit note recieved

Use purchase and sales head as applicable no separate head to be used.

Ok.. Thank you sir 👍

USE PURCHASE HEAD IF BELONGS TO PURCHASE. DONT USE INDIRECT INCOME HEAD OTHERWISE SAME WILL BE REFLECTED IN SALES UNDER GST

If gst is not applicable on this discount/rate difference amount then we should use purchase /sales a/c or indirect income / expenses a/c

SHOW IT IN INDIRECT INCOME COLUMN

Ok.. Thank you very much 👍

WELCOME.... MY PLEASURE.....



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