Tally

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 March 2016 Hi , it is is a company that company its construction so we can mange accounts in that time company purchase a new car so how can i entry in tally so pls explain clear and undur groups .for example

loan amount 1540000/- loand processing fee 3993/- and principal amount 23737 and intrest amount 8984/- and every month instalment 32721/- so pls tell me how to entries in tally

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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10 March 2016 First entry for loan taken :

bank a.c......

to loan from...bank for car a/c

Loan processing fees a/c .....dr
to Bank a/c
fOR PURCHASE of car
Car a/c....dr

to Bank a/c

Loan from bank on car a/c.....
Int on loan from bank for car a/c...dr
to Bank

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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10 March 2016 second entry is for Repayment of loan.

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