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More confusing please Help me

03 January 2024

In tally prime ,

under balance sheet sub under sundry creditors what debit side shows and credit side shows??

if the amount shows in Debit side means what?

if the amount shows in credit side means what?

and for sundry debtors

please tell me my chartered accountants

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9 Replies

Sharath chandra (Accountant) (1215 Points)
Replied 03 January 2024

What do you do.. Sanjay Kumar?

are you a ca student

MPR Sanjay Kumar (2987 Points)
Replied 03 January 2024

Iam a bcom student sir ,but some confusion....everybody telling various that's why

1 Like

Siddharth Kotecha (62 Points)
Replied 04 January 2024

Credit side means balance outstanding to vendors and Debit side means Advance given to creditors

MPR Sanjay Kumar (2987 Points)
Replied 04 January 2024

If I fully paid means

Yasaswi Gomes new (Finance ) (4486 Points)
Replied 04 January 2024

you could have paid

excess amount. please verify.

Yasaswi Gomes new (Finance ) (4486 Points)
Replied 04 January 2024

Go to Gateway of Tally → Accounts info → Ledgers → Create

To see the outstanding document of Sundry Debtors follow these steps.

Go to Pending documents → Under outstanding → Receivables → Press Alt+X → View Exceptions → Select Sundry creditors with a debit balance

To see the outstanding document of Sundry Creditors, follow these steps.

Go to Pending documents → Under outstanding → Receivables → Press Alt+X → View Exceptions → Select Sundry debtors with a credit balance

try this

RAJA P M ("Do the Right Thing...!!!") (127227 Points)
Replied 04 January 2024

In tally prime ,

under balance sheet sub under sundry creditors what debit side shows and credit side shows??

- In sundry Creditors Side Balances shown as Credit side then it will payable by the firm. If Balances shown as Debit side then it's may be advance or excess payment (or wronge group ledgers)

SUNDRY DEBTORS SIDE :

if the amount shows in Debit side means what?
-- The amount is receivable from Customers

if the amount shows in credit side means what?
-- The amount is received excess or advance from customer (or wrong defined under group)