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Question
How to prepare monthly P&L and Balance Sheet (I am using 
Tally 7.)2. Please guide me in detail(step-by-step) from JV 
to finalization and also how to start on the first day of 
the next month if we close the books in the previous month.
 Question Submitted By :: Aslam844
I also faced this Question!!     Rank Answer Posted By  
 
  Re: How to prepare monthly P&L and Balance Sheet (I am using Tally 7.)2. Please guide me in detail(step-by-step) from JV to finalization and also how to start on the first day of the next month if we close the books in the previous month.
Answer
# 1
I think that you are making time pass.Unlike manual 
accounting you need not do finalisation process the package 
itself will do everything if you simply pass journal entry. 
Thru your question I have to understand you as you are not 
under the practice of Tally any version. Here after dont 
try to wate your time and others valuable time
 
Is This Answer Correct ?    2 Yes 0 No
Mudunoori
[RKI Builders (p)Ltd]
 

 
 
 
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