How to creat ledger and tally balance
This query is : Resolved
04 April 2015
Hi
We had open new firm from two Pvt Ltd companies.
my quires is i had open new bank ac with deposit 10 k, hence when i create bank ac in tally with putting 10k in opening balance, but when i checking trail balance there is shows diff in opening balance from same amount.
how i can tally this diff or what are the entries pass in tally when we create new companies
Kindly suggest it urgent.
Thanks
We had open new firm from two Pvt Ltd companies.
my quires is i had open new bank ac with deposit 10 k, hence when i create bank ac in tally with putting 10k in opening balance, but when i checking trail balance there is shows diff in opening balance from same amount.
how i can tally this diff or what are the entries pass in tally when we create new companies
Kindly suggest it urgent.
Thanks
04 April 2015
You deposited in bank which has been taken as opening balance. So the cash balance should be adjusted ie, instead of fresh transaction it is reflected as opening . So the effect is in cash balance opening.
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