Trade advance classification
Kishore Nuthalapati (Accountant for multiple small entities) (147 Points)
26 June 2023Could some one please advise trade advances can be classified under Loans and advances in Tally
Thanks in advance
Kishore Nuthalapati (Accountant for multiple small entities) (147 Points)
26 June 2023
sabyasachi mukherjee
(26158 Points)
Replied 26 June 2023
RAJA P M
("Do the Right Thing...!!!")
(127233 Points)
Replied 26 June 2023
Yasaswi Gomes new
(Finance )
(4487 Points)
Replied 28 June 2023
@ sabhyasachi is correct. It appears to be some sort of loan related to imports and exports and short term on. I tried to find how it works but not enough web resources. Some else let us know what it is pkease
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