i want to know (irfan)
This query is : Resolved
26 November 2010
what is return inward
is it expenses of company
in tally in which accountinghead it will come
what is return outward
is it expenses of company
in tally in which accountinghead it will come
what is bank overdraft
plz explain in detail
is it expenses of company
in tally in which accountinghead it will come
what is return outward
is it expenses of company
in tally in which accountinghead it will come
what is bank overdraft
plz explain in detail
26 November 2010
Return inward is nothing but sales returns. it is not an expense but revenue reversal. In tally for sales returns you need raise a credit note on client.
Return outward is nothing but purchase returns. it is an expense reversal. In tally for purchase returns you need raise a debit note.
Bank overdraft is Money owed to the bank in a cheque account where payments exceed receipts
Return outward is nothing but purchase returns. it is an expense reversal. In tally for purchase returns you need raise a debit note.
Bank overdraft is Money owed to the bank in a cheque account where payments exceed receipts
Hitender Gaur
(Expert)
26 November 2010
Yes Durga is right
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