Tally entry

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Querist : Anonymous (Querist)
11 September 2012 i have a loan teack...bt in the invoice ...of vehicle ...there is a amount of 12,50,150 and the finance amount is 18,50,150/- ...how i put entry in tally...tell me

11 September 2012 trace out these 2 amounts. The cost of vehicle shall be debited to vehicle account.

12 September 2012 Put Vehicle Invoice Amt in Vehicle Dr.
Credit to Loan Agency.

After That Loan Giver Will Give you Installment Breakup, in That I & P is Separated.
Just Dr I to PL account & P to Loan Agency.

Regards,


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