Credit card payment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 December 2016
Payment made by a Bank to another Bank through credit card.
How to enter this transaction in Tally ERP9?
Any need to create a ledger A/c on credit card payment such as "credit card ledger".
If yes,..
Under which head?
Please reply...
Thanks& Regards,
Reeta
How to enter this transaction in Tally ERP9?
Any need to create a ledger A/c on credit card payment such as "credit card ledger".
If yes,..
Under which head?
Please reply...
Thanks& Regards,
Reeta
CA Anurag Sharma
(Expert)
31 December 2016
Just debit the bank you are transferring the fund to and credit the bank from which you are transferring to. In the narration you can write it as transfer to bank through credit card.
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