How to pass advance entry in tally, and how it should adjust
against future invoice.?
- 9 Answers
- 78312 Views
- Alpha Technologies, I also Faced
- E-Mail Answers
Answer Posted / u.s.nadiu
How to pass advance entry in Tally?
Ans.)Advance payment is debit to party's advance a/c and
credit to Cash/bank a/c
HOW IT SHOULD ADJUST
AGANIST FUTURE INVOICE.?
Ans.)In future invoice the advance amount less from the net
payable amount. And the tally entry is Credit to party's
advance a/c and automatically debited to invoice grass amount.
| Is This Answer Correct ? | 39 Yes | 22 No |
Post New Answer View All Answers
How is the accounting for hire purchase transactions done?
How to prepare HSD statements in tally
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
Do you know offset accounting?
In which ways is math used in accounting
what accounts payable applications are your familiar with?
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)
Mention in simple terms what is the difference between asset, equity, and liabilities?
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
What is the difference of cost accounting and financial accounting?
Define push down accounting?
Follow up ageing balances of Debtors & Creditors and also Inventory
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
How Can We Justify the,Real A/C & Nominal A/C?
