someone plz helps, I maintain a personal a/c in exel by separates sheet, and i want to mantain in tally. but having problems to grouping those heads, i have 2 type of exp i) revenue items exp, ii) non revenue like personal exp, all exp made by cash, and with cost catagory and cost centre how those entries should treat in tally ? how to grouping those heads ? how to capitalised my net profit in tally? plz help me on these topics....
Menu
problem to maintain a/c in tally
Replies (1)
| Originally posted by :sudip mondal | ||
| " | someone plz helps, I maintain a personal a/c in exel by separates sheet, and i want to mantain in tally. but having problems to grouping those heads, i have 2 type of exp i) revenue items exp, ii) non revenue like personal exp, all exp made by cash, and with cost catagory and cost centre how those entries should treat in tally ? how to grouping those heads ? how to capitalised my net profit in tally? plz help me on these topics.... | " |
Tally provide for grouping of accounts and cost centre feature. First open an group say Receivable then open an account as sub group of receivable. Activate cost centre feature and create cost centre required.
For capitalisation of P/L. Transfer all ending balances of revenue and expenses to P/L and then transfer the profit or loss to capital account.
Hope this will help you. Thanks
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
