Hi, i am wrkng in news ofice i wanted to know the following, plse help regarding this
In tally erp 9, how can i create entries for " cash received from advertisement"
1) at the time of receiving cash agaisnt advertisement published
2) at the time of making tax intries in tally
3) Which account head i have to create " advertisement received" as income to our office
4) plse tl me which one is have to debit and which one Credit. 1)Advertisement 2)CGST 3)SGST
Dear Sir, thank you for your valuable reply.
In journal voucher i passed entries like this, please confirm whether it is correct or not.
1) (Provision entry is passed at the time of advertisement booked)
In tally journal voucher F7
Dr Sri Kanth A/c 1000
Cr Advertisement charges received 950
Cr CGST 25
Cr SGST 25
2) In tally Receipt F6 entry is passed when cash received
Dr Cash 1000
Cr Sri Kanth 1000
Is following entries is corrcet ?
1) Advertisement received is created under INDIRECT INCOME
2) Taxes are created under DUTIES & TAXES
3) Customer Name Where i have to group ? plse guide me regarding this....
Thank you for your valuable reply sir....
CAclubindia
