ACCOUNT HEAD

Dear Sir,

please provide the Name of the Group which I create the ledger shree Ganesh JE maharaj Rs.1.25 (One Rupees+ twenty five paisa)
Replies (5)
Quick Summary
This discussion revolves around the correct accounting treatment for a small payment made to 'Shree Ganesh Ji Maharaj'. Initially, it was suggested to use a 'Sundry Expenses' ledger for the minor amount. However, it was clarified that this was an opening balance related to a religious offering, not an expense. The advice given is to either write off the minor opening balance or create a ledger under 'Indirect Expenses' if a specific account is desired.

There is no need to create Ledger "Shree Ganesh Ji Maharaj". You can directly pass entry to "Sundry expenses" Account as amount is very minor (and in narration you can write Given to Ganesh maharaj jj)

And if you want to create account than you can create this Ledger " Shree Ganesh Ji Maharaj" under Group Indirect Expenses group.
Sir, it's not expenses it's name of God Lord Ganesh proprietor pay 1.25 to own pocket to successfully business
You mean to say that Proprietor pay 1.25 to God Lord Ganesh ( @ Temple) from his own pocket for successfully running business ?
Yes Sir but during Poojan of account books earlier we have used manual books and manual no need for any group but this time we are using tally and shree Ganesh JE maharaja is balance of opening.
Than you can write off the opening balance in tally as the amount is very minor.

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