Ledger Created


This query is : Resolved 

Quick Summary
The user needs assistance creating a ledger for 'Shree Ganesh Je Maharaja' and is unsure which group to assign. It's clarified that this is not a vendor or customer, but a personal contribution to God for business success. The recommended accounting treatment is to group this under 'Drawings' and create the ledger under 'Capital'.

27 May 2020 Dear sir

I need to create the ledger of Shrre Ganesh Je Maharaja Rs.1.25/- But i am unable to select group so please requeest to in which group in create the same ledger

27 May 2020 1. Is Shrre Ganesh Je Maharaja a vendor or customer? Who is the party?
2. Which accounting software are you using?

27 May 2020 You may take the help and support from the concerned ERP Software Vendor if you are getting difficulties in operating the ERP.

28 May 2020 Dear Madam,
Its not a vendor and not a customer its the name of God ( Ganesh Bhagwan) Properitier pay Rs.1.25/- ( One Rupee+Twenty five Paisa ) to own pocket to sucesfull their business. so please proivde the name of Gruop

28 May 2020 The explained nature is not considered as business expense, therefore it should grouped under drawings

29 May 2020 treat the same as drawing and create ledger under capital.


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