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Group under Tally

This query is : Resolved 
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(Querist)
29 October 2019 Dear Sir

We have give some amount to a firm by Cheque. he will return the same amount after 5 to six months please suggest in which group i create the ledger in tally

Thank you
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Gokul Sharma

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Gokul Sharma (Expert)
29 October 2019 LOANS AND ADVANCES UNDER DEPOSIT ASSET/CURRENT ASSETS
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RAJA P M

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RAJA P M (Expert)
29 October 2019 You will keep the ledger in "Loans and Advances - Asset"... But, Why you give amount...?
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
31 August 2020 " Loan and Advances " group can be used here in your case.
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