DIVIDEND REINVESTMENT ENTRY HOW TO PASS IN TALLY


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Quick Summary
This discussion addresses how to correctly record dividend reinvestment entries in Tally accounting software. Specifically, it covers the accounting treatment when a dividend received from a company under an IDCW plan is subsequently reinvested into a mutual fund. The query seeks guidance on the appropriate journal entries to reflect this transaction accurately within Tally.

30 September 2021 IF I RECEIVED DIVIDEND FROM COMPANY ON IDCW PLAN & REINVESTING THE SAME IN MUTUAL FUND THEN WHAT WILL BE THE ENTRY


30 September 2021 PLEASE HELP ME OUT WITH THIS QUERY

02 October 2021 Whether the dividend from company was credited to your bank account?


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