AA-35A-P&L Appropriation Account in Tally (Relaunched)

Dear Respected Members, 

Please educate me; in which account group p&l appropriation account can be created in Tally ?

Replies (3)
Quick Summary
This discussion seeks guidance on the appropriate account group within Tally for creating a Profit & Loss Appropriation Account. The original poster is looking for expert advice from fellow Tally users to ensure correct accounting setup. The query remains unanswered and is being re-posted for visibility.

Response awaited from respected members. 

Query is still unanswered. Please response

  • Account Group to Use: Reserves & Surplus (or Capital Account for partnerships) if creating a custom ledger.

  • Alternative: Pass adjustment entries via Journal Vouchers directly into the system's default Profit & Loss A/c.

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