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How i do ledger scrutiny(give the examples of rent share
capital etc.)
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Answer Posted / ishita ramani
Ledger scrutiny in tally
1.Adhearance to accounting standards
2.Proper grouping of ledgers
3.Adhearance to accounting principles
4.Adhearance to ICAI guidelines
5.Adhearance to the principles of double entry system
6.Trend analysis in regular expenditure
7.Statutory compliances
8.Proper narration in entries
9.Long outstandings
10.Linkage between the grouping and the nature of
transaction entered into with various parties
11.Booking of expenditure
12.Proper realisation of income
13.Linkage between accounting treatment and narration
14.Proper accounting treatment
15.Seperate accounting treatment of income and expenditure
16.Entry in proper voucher type
| Is This Answer Correct ? | 66 Yes | 10 No |
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