Under which head advance entry is recorded
This query is : Resolved
12 June 2015
In a company advance is paid & deducted by employers at the time of payment during the month & deduct advance from the salary. I want to know under which head advance voucher should be created in Tally. (current Assets or Indirect Expenses)
12 June 2015
Advance vouchers be grouped under current asset
12 June 2015
We had created a.ledger staff advance for such...under current assets..you to can do that
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