Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

Accounts receivable

301 views 3 replies

Mihir Joglekar

Company Employee

38 Points Posted on 16 September 2017

Dear Sir / Madam,

I the undersigned is working with a Pvt. Ltd. Company in Pune. We are using Tally.ERP 9 Software. Our Management needs Sales Figures of July 2017 which I have already submitted. Further, they need collection in the month of July 2017 against only the Bills raised between 01st July to 31st July that too partywise. How to arrive at this outstanding figure.

Awaiting Response.

Thanks & Regards,

Mihir Joglekar

Cell No: +91 97638 00993

Replies (3)

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 16 September 2017

go to statement of accounts --> Outstandings --> Receivables or Groups --> select required period --> F6 --> select required one... Finally you get your details....

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 16 September 2017

Also select the outstanding dates in ageing section...

Guest

If you don't have the bill-wise detail of collection, use FIFO basis, like in inventory valuation, i.e. the closing balance of receivables would be related to the latest bills raised. Then, remaining bills of July are assumed to have been collected.