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Data entry

Accounting Entries 308 views 3 replies

Sir,

In Partnership company database (Tally) Can I make entry of Partner's personal Bank Account Transaction? 

Replies (3)
No, why will Partners personal bank account come under Partnership books of accounts.
You cannot make Partners personal bank accounts entries in Partnership tally

Sir,

I create a another company in tally with the name of Partners'. Can I make the transaction in this one? Because some transaction was made from partner's personal bank account for business purpose.

If some transactions are made from Partners personal bank accounts for business then pass following entries :

Expense Ac Dr
to Partners Ac

No need to create new tally. You can pass entries in Partnership accounts and other entry in Partner's account


CCI Pro

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