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in Tally accounting programme where should I can make
ledger for Work in Progress? under which accounting head?
Eg. Debit will be under Current Asset a/c and what about
credit? whether it is under Purchase a/c? or under Income
a/c?

Answers were Sorted based on User's Feedback



in Tally accounting programme where should I can make ledger for Work in Progress? under which acc..

Answer / naresh roy

Yes, In tally accounting programe Work in Progress ledger
can be created under the group 'stock in hand'

I don't think that Work in progress will have credit balance
ever. This is a current assets and always it will have debit
balance

Is This Answer Correct ?    14 Yes 5 No

in Tally accounting programme where should I can make ledger for Work in Progress? under which acc..

Answer / vishwas

In tally accounting programe we can create one lederg
called "Work in Progress" under the group 'stock in hand'

Any way it will effective on closing staock of trading
account.

Is This Answer Correct ?    7 Yes 1 No

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