Advance payment and receipt to and from same person

985 views
User Avatar

Student
47 Points Posted on 31 May 2012

Dear Members,

 

I need your help in the following matter as I'm unable to pass entry in tally .
A company made an advance payment of Rs 90000 to a creditor in 2011-2012 and received back the same in 
2012-2013 on account of termination of agreement with that creditor.Now please tell me how this entry can be
passed in Tally ERP 9 ??
 
Regards
Sourav
0 Reply Share Follow Topic
On 31 May 2012 at 11:03 Report
Replies (4)
User Avatar

student
1926 Points Posted on 31 May 2012

whats the problem.

debit your bank a/c and credit the supplier a/c

 

1 Reply
On 31 May 2012 at 14:00
User Avatar

account exceutive
22 Points Posted on 01 June 2012

Good Mr.Ashish Plz  make sure that entry will be done in  F6-receipt

Reply
On 01 June 2012 at 18:00
User Avatar

Proprietor
171 Points Posted on 01 June 2012

Bank A/c Dr.

To Party Cr.

 

nothing special treatment is done with that...

Reply
On 01 June 2012 at 18:09
User Avatar

ACCOUNTANT
22 Points Posted on 01 April 2016

if advance receipt in cash

 

Reply
On 01 April 2016 at 11:17

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GSTR1 amendment Bulk bills
  2. Capital Gain on Sale of Gold
  3. GST SALES RETURN MISSING 2025-26 FY
  4. Enquiry on FAST-DS system generated email
  5. Capital gain on sale of agriculture land
  6. Demand from TRACES
  7. FY 2025-26 ITC CLAIM DUE DATE
  8. 96084000 and 48202000 HSN code ka Tax Rate kya hai
  9. Clarifications for intra day transactions
  10. CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details