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Create ledger for each respective financial year.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 June 2017 whether create for ledger for each respective financial year.
TDS receivable fY 2017-18
Advance tax FY 2017-18
self assessment tax FY 2017-18
provision for taxation FY 2017-18
is correct way to open respective financial year wise ledger. please reply this question.
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Nischit Sanghavi

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Nischit Sanghavi (Expert)
25 June 2017 yes you need to create separate ledger for each year
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