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Project accounting
I query is i am doing project account in Tally ERP9 latest version and the total project values is 1350000 and the payment will receive in part payment as the work in progress what entry should i pass in the client account for ex. XYZ Co.
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I am doing a project account in Tally erp 9 latest version as the total value agreed for the works for the proejct is 13,50,000/- but the payment will receive in part payments as an when work in progress we claim 20% / 30% 50% like that what is the entry should i pass in the books of XYZ Co. in the begining of the project
| Originally posted by : Mujeeb Ahmed | ||
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I am doing a project account in Tally erp 9 latest version as the total value agreed for the works for the proejct is 13,50,000/- but the payment will receive in part payments as an when work in progress we claim 20% / 30% 50% like that what is the entry should i pass in the books of XYZ Co. in the begining of the project |  |
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