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Kasar account or Rebate & discount

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629 Points Posted on 10 April 2021
Sir,

please suggest Kasar account and rebate and discount both are same or note if we need to create the ledger in tally which one is good kasar account or rebate and discount.
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On 10 April 2021 at 21:21 Report
Replies (5)
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2742 Points Posted on 10 April 2021
Rebate and discount is good
9 Reply
On 10 April 2021 at 21:42
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Chartered Accountant
24588 Points Posted on 11 April 2021
Rebate and discount is best option. As kasar account is a. It's monthly discount offered to chit holders in making the monthly payment. There is bid loss to the chit fund. In every auction, the chit would be bid and the bidder-member will auction the chit for his desired amount.
129 Reply
On 11 April 2021 at 06:35
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Chief Accountant
3150 Points Posted on 11 April 2021
Use rebate and discount account for same...
9 Reply
On 11 April 2021 at 09:48
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Chartered Accountant
24588 Points Posted on 11 April 2021
Rebate and discount is best option
129 Reply
On 11 April 2021 at 10:31
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BUSINESS
67 Points Posted on 11 April 2021
Rebate & Discount
Reply
On 11 April 2021 at 13:20


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