Hello, I'm having a question regarding to books of accounts. I'm owner of a grocery shop. We used to do accounting in Marathi but we have decided to upgrade it to English & as per the requirements in Income Tax. So please give me the list of Books of Accounts which I shall maintain & which will help me to track over my transaction.
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List of books of account
Replies (2)
Maintain Cash Book (including Bank column), Sale- Purchase Books, Journal & Ledger.
Mr. Onkar
Nowadays computer software is using for all accounts purpose. Tally soft ware is most popular nowadays. There are several versions of software tally. You have to choose the version for Grocery business based.
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