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Categories >> Accounting >> Accounting General
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
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 Accounting General interview questions  Accounting General Interview Questions (2833)
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Question
How to take the closing balances of all ledgers into next 
financial year as opening balances in tally?
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
i think you should use the feacher "split data" in tally.
it will transfer all the closing ledger balances to new
financial year.
 
Is This Answer Correct ?    6 Yes 2 No
Gulzar Singh
 
Answer
# 2
Very Simple:

and one thing u should know when closing entries passed
just change that nature :
Expense allways(Telephne Charges )Debit Balance
when closing entry passed just Put Credit balance
if telephone charges for year ended Rs.3000
Closing Entries Will be
Profit & Loss A/c Dr
Telephone Charges Cr
(Being Tr)
You can Try it

 
Is This Answer Correct ?    6 Yes 3 No
Raghu..v.aps Eveng V B.com
 
 
 

 
 
 
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