banner_ad

Profit & loss account

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 November 2014 Hi Experts,

I have following query, pls advise:

A purchase bill pertaining to the month of October and we are making its payment on 10th November. Now, when we will see P&L Statement for October month then it will not take effect of 10th November payment entry in October month P&L. Can you please advise is there any possibility to take effect of 10th November payment entry in the month of October month as Company wants to see Actual P&L Statement for the particular month.

I need this solution in Tally ERP 9.

Thanks in advance.

Chander
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
08 November 2014 01. No. Not possible.
02. Alternatively issue the cheque dated 31/10/2014 on 31/10/2014 (with the understanding that it will be presented not before 10th of Nov), then you can pass the payment entry on 31/10/2014.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details