Ledgers for Discounts received and alllowed

stufflearn (Practioner) (102 Points)

20 March 2010  
For discount allowed, we have created a ledger “Discount” under “indirect expenses” in Tally 7.2 I wonder how discount received entry is made in Tally 7.2 Shall I credit the above “discount” ledger and debit the party A/c? Or shall I create a new account “discount received” under “indirect income” and use this ledger for discount received?