How to pass sweep entry in tally

This query is : Resolved

Quick Summary

For sweep transfer in Tally, create a sweep in account under Current Assets. Pass entry by debiting Sweep In Account and crediting Bank Account for the transferred amount as per bank statement.

pooja

pooja (Querist)
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11 October 2013 how to pass sweep trf entry in tally , where i am working co. that co current a/c of kotak mahindra bank a/c kmb offered Sweep facility , in the bank st showing debited amt to sweep trf rs 40000/- , what the entry should pass in tally plz help me

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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11 October 2013 Open a sweep-in account under the head Current Assets.

Entry will be as under:

Sweep-In Account Dr
Too Bank A/c

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pooja

pooja (Querist)
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04 January 2014 i have partnership firm co pay every month remuneration to partners without Pt less, but PT is applicable on remuration or not plz tell me

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