MY ...tally 9 release 2 doesn't calculates interest on loan(liability) account as directed as per 30 day month option.......rather tally is calculating it as calender month.........plz give me a solution where is da error
MY ...tally 9 release 2 doesn't calculates interest on loan(liability) account as directed as per 30 day month option.......rather tally is calculating it as calender month.........plz give me a solution where is da error
when you activate interest calculation go to advanced settings where you will be asked how to calculate interest etc...
fill it out and you get the right calculation
i have duely activated all the interest calculation(advanced parameters) option in tally 9 series 2 and open an account (debo master) as loan account(liability) and activated 30 day interest calculation option @ 7%............but when i go to: display> statement of account>interest payable............it show the interest calculation as per calender month....rather than 30 day assumed months..............plz help me with the solution
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
