Gift
This query is : Resolved
21 March 2014
dear sir/madam, our company is a trading co. and deals in the shoe. we are using the tally software for the accounting and we enter the purchase in tally on average basis. now my issue is that if we gift a pair to his employee or employer. what is the process to enter this entry in tally software and what effect will be on our purchase.
21 March 2014
just reduce it in quantity option in tally
22 March 2014
purchase would not be effect or we would be subtract the sale value from the purchase.
24 March 2014
from purchase u have actually gifted so just reduce it from quantity and not value option.
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