Accountintry Entry ??

in either head 

a) workmen and staff welfare

b) incentive/ bonus to workmen

both are indirect expenditure

What will be the entries for share Trading in Tally? reg: purchase, Sale,Etc Uner which hea it shoul be classified? whether if it is on investment , how to record capital gain / Loss?pl help

T.S.Mohana Harish

Madurai- 9944361015

Dear Harish Sir,

For maintaing share trading account in tally, its bit complicated while calculating LTCG & STCG in tally.

for your above query , you have to maintain inventory to record sales & purchase

You have to enter purchase (F9) under purchase account and Sales (F8) under Sales account.

and your closing balance will be shown as stock in hand.

Originally posted by : Mohana Harish
	What will be the entries for share Trading in Tally? reg: purchase, Sale,Etc Uner which hea it shoul be classified? whether if it is on investment , how to record capital gain / Loss?pl help T.S.Mohana Harish Madurai- 9944361015

tally is business accounting software, 

you hoave to account in tally as "accounting with inventory" and assign each company share in diff interntory identity. 

for capital gains, you have to maintain ........ seperate accounting ...i.e seperate godown or demat 

viz ....... at the point of purchase for capital gain, use ......... cg-demat............ for trading activities use .......... gen-demat