Querry on discount entry

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386 Points Posted on 23 October 2021
debtor ki credit balance jais ki rs1 ya rs2 ki entry ko hum kaise adjust kare discount received lay ya payment ki entry main dekha jay is ko adjust kar sakte hai kya
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On 23 October 2021 at 07:23 Report
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This discussion explores how to handle minor credit balances, such as Rs1 or Rs2, in accounting. Participants are seeking advice on whether to adjust these amounts through discount received entries, payment entries, or by creating a dedicated round-off account. The conversation aims to find practical solutions for reconciling these small discrepancies.

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CMA
13117 Points Posted on 23 October 2021

You can even create a round off account and adjust such differences thru journal

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On 23 October 2021 at 08:56
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Chartered Accountant
24588 Points Posted on 23 October 2021
Create a round off entry
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On 23 October 2021 at 09:11
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386 Points Posted on 23 October 2021
Pls provide some example
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On 23 October 2021 at 09:40

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