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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Kasar account or Rebate & discount
Replies (5)
Rebate and discount is good
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.
Use rebate and discount account for same...
Rebate and discount is best option
Rebate & Discount
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