Partnership accounting system

This query is : Resolved 

26 December 2013 I'm working in a 5 Year old partnership firm. for the past years they entered the transactions informally in Excel sheets. Roughly estimated the profit and losses and shared as per the ratio. Last month i have joined as a financial analyst in this company. Really worried about this accounting system. Now i don't know how to continue this system. Please give me an idea ... how can i develop the partnership accounts system?

26 December 2013 hi,

no problem just watch what is going on the firm u can able ti set right all those things and if u have clarity u can do.

Tnks

26 December 2013 Hi

You can use better accounting software to have control & standardisation.


You may begin with Tally

Thanks//VaibhavJ


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details