Hi Sir or Madam
As part of entering account numbers in tally we are showing full bank account number in the ledger name
please advise is it correct accounting practice in view of any confidentiality issues as we share our balancesheets to several third parties on necessary basis
Thanks in advance
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Bank Accounts Full Account number
Replies (3)
Quick Summary
In Leger Name Show Name of the Bank, then below they will ask for A/c no., etc. there you enter bank account number, branch, ifs code, etc.
As per Your question, better to avoid full account number.
Simply create name like - Canara Bank CA No. 1234
Simply create name like - Canara Bank CA No. 1234
There has a option you can type full account number below under the groups while creating a new account no. also having the options like ifsc & BSR code. so you have an option available, it helps to avoid writing with a ledger name .
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