is it possible to create group chart of accounts with the
help of different different operational chart of accounts?
Answer / reddy
yes, it is possible, we can do it.the consept group chart
of accounts will work for different chart of accounts.
If the structure of the chart of accounts is predetermined
by national legal requirements, you can define a corporate
chart of accounts. All accounts receive a group account
number which is the same for all accounts of that
particular type in various different charts of accounts.
| Is This Answer Correct ? | 12 Yes | 1 No |
can we post input taxes during the making of down payment to vendors ex: down payment to vendor is 100000 on this the input tax is 10000 so we have to pay only 90000 for calculating like this what procdure we have to do kindly explain any one
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