F&O accounting in Tally

Hello Everybody,

Please let me know how to do the entries of F&O transactions in Tally.

Thanks

Replies (6)

Dear

Can you pls explain the F & O. and your requirement

Rajesh

Sir,

Please can yu lease me too mail me to harish_ts1984 @ yahoo.com advance Thanks

T.S.Mohana Harish

what is f&o & its accounting procedures in basic please help me thanks in advance

T.S.Mohana Harish

Originally posted by :Dinesh
" Hello Everybody,
Please let me know how to do the entries of F&O transactions in Tally.
Thanks
"

IT IS VERY SIMPLE CREATE TWO LEDGERS 1 FAND O TRADING A/C UNDER ACCOUNT UNDER CAPITAL ACCOUNT OR INDIRECT INCOMES AND 2 LEDGER UNDER THE NAME OF BROKER UNDER CURRENT ASSETS

NOW THE DAILY TRANSACTIONS

 

Dear Sir,

We have purchased 5 unit of Assets on financed, out of two we sold 2 unit assets to another on finance, now the 

question are,

 

1,  how to make entry  for expense interest on finance of Two Sold Assets because we also sold the Assets on finance.

2, How to execute other entry

Thanking you

Rajesh Chitroda

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