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Income Bill Make In April Month

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 April 2011 Hi sir Good morng

Kindly give me advise when we book march income in april month(march bill make in april month) what will BE entry done in tally F.Y.-2010-2011
F.Y.-2010-12
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tejas shah

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tejas shah (Expert)
14 April 2011 you have to make provision for income in the month of march. the entry to be passed in the books is Provision for income accounts debited and income accounts is credited. when you raise a bill in the month of april then entry will be passed : party account debited and provision for income account is credited
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