what is the treatement of outstanding expenses in Tally
accounting package? where it shown and what is its account
type?
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Answer Posted / shivarama raju
Madhu Susha post correct answer.
You Should Create Outstanding Expenses under Current
Liabilities.
It could shown in Current liabilities.
All Other ccounts Outstanding Amounts which relate to
payments shoulb be transferred to outstanding Expenses at
the end of year / end of report
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