Group under Tally

This query is : Resolved 

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

29 October 2019 LOANS AND ADVANCES UNDER DEPOSIT ASSET/CURRENT ASSETS

29 October 2019 You will keep the ledger in "Loans and Advances - Asset"... But, Why you give amount...?

31 August 2020 " Loan and Advances " group can be used here in your case.


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