Hello Experts,
We are a electric vehicle manufacturing company and provide warranty on the the batteries. When we replace the battery we just make entry in tally under warranty material out. The problem is the value of stock reduces but there is no specific head as such warranty expenses in p&l.
Need the help regarding how to make entry in tally and show the same amount under warranty cost in p&l account. What setting are needed to be done in tally.
Kindly help at earliest.
CAclubindia
