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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
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2742 Points Posted on 10 April 2021
Rebate and discount is good
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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.
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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...
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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
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On 11 April 2021 at 10:31
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BUSINESS
67 Points Posted on 11 April 2021
Rebate & Discount
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On 11 April 2021 at 13:20


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