entry in tally erp

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2011 how to make an entry in tally erp for a security deposit received(for room) which is refundable once agreement expires, & under wht head deposit should be entered

Also how to enter the rent received

G.Ramesh

G.Ramesh (Expert)
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18 March 2011 Security Deposit A/c under Current Liabilities Group

Cash / Bank Dr
To Security Deposit A/c (In cost center: Name)

For Rent Received:

Cash / Bank A/c Dr
To Rent Income A/c (Cost Center: Name)

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2011 thanks for your reply

under what head rent income to be entered

Rahul Gupta

Rahul Gupta (Expert)
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18 March 2011 It can be grouped under the head of Other Incomes.

G.Ramesh

G.Ramesh (Expert)
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18 March 2011 Yes...Under Other Income Group

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2011 how to make an entry for property tax in tally erp & under what head it shud come.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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18 March 2011 Tally 9ERP manual https://www.caclubindia.com/forum/tally-9-erp-manual-81129.asp

property tax under indirect expenses.

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2011 only payment entry to be passed for property tax or is there some other way

Aditya Maheshwari

Aditya Maheshwari (Expert)
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18 March 2011 your wish. Pass one entry or two.

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