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Categories >> Accounting >> Accounting General
 
 


 

 
 Audit interview questions  Audit Interview Questions (427)
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 Accounting General interview questions  Accounting General Interview Questions (2805)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4359)
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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