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Procedure for grouping n entry

Others 759 views 1 replies

Hi all !

Say a construction company XYZ has 2 project sites called A & B. C is the head office. A supplier say RAM supplies materials to both sites & some to head office. He is paid money by head office : 2.00 lac for Site A , 3.00 for site B, 1.00 for C. I wud like to know the amount given to RAM in acoc*nt of diff. sites. & likewise for other suppliers . Suppose if i open ledger for SITE A ..i shud c suppliers RAM, SHYAM ..etc and theier amounts respectively . I require the procedure of grouping into groups/ledger and way of accounting. I hope my query is clear.

p.s.  i wud b using tally software for accounting

Replies (1)

these braches maintaining accounts in dependent or independent branches

this will affect the accounting


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