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
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 |
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