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any body pls. tell me, if we purchase with credit card how
to take into tally ( and)
comes under which group for credit card purchases

Answers were Sorted based on User's Feedback

any body pls. tell me, if we purchase with credit card how to take into tally ( and) comes under ..

Answer / tej prakash sati

Purchases will be booked in Purchase account and same
amount will be credited to the Credit Card account which
will created in Tally under current liabilities (Loans-
Liability) (Bank OD A/c).

Is This Answer Correct ?    7 Yes 2 No

any body pls. tell me, if we purchase with credit card how to take into tally ( and) comes under ..

Answer / sandhya

for suppliers it goes to sundry creditors.
this is the pay through the credit card.
so it comes to bank account.
in bank accounts r bank OD account create that bank account
as a ledger.and then enter the value to that date.

Is This Answer Correct ?    1 Yes 1 No

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