Menu
Transfer Entries in tally
100000 were transferred from Principal Place of Business to Additional Place of Business.Both Companies in the same state with same GST Number.How to Record the transactions entries in tally ERP9 for both Companies.
Replies (3)
Creat branch and make entry simple...
If transfer in account pass Contra entry
It seems by your question that you are maintaining separate tally for each branch. In that case you need to treat the transfer as if sale purchase is being done but without ITC. On finalisation since both tally accounts will have to be consolidated then the balances will get netted off.
Recent Threads
- Which IT section applicable for cash transaction i
- ITR -property dealer
- Warehouse Registration, Whether mandatory?
- Time limit for claiming Input GST credit
- Gst rate and Sac code or RCM attract
- Poll: Do you spend > 30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
Related Threads
CAclubindia
