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what is the treatement of outstanding expenses in Tally
accounting package? where it shown and what is its account
type?

Answers were Sorted based on User's Feedback



what is the treatement of outstanding expenses in Tally accounting package? where it shown and wha..

Answer / a.madhu sudhan rao

Just u create Outstanding expenses ledger under current
liabilities.


This outstanding expenses will show on current liabillities
in Balance Sheet

Is This Answer Correct ?    33 Yes 8 No

what is the treatement of outstanding expenses in Tally accounting package? where it shown and wha..

Answer / preeti

yes

Is This Answer Correct ?    9 Yes 4 No

what is the treatement of outstanding expenses in Tally accounting package? where it shown and wha..

Answer / 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

Is This Answer Correct ?    4 Yes 3 No

what is the treatement of outstanding expenses in Tally accounting package? where it shown and wha..

Answer / ayesha

You should create a Respective outstanding expenses ledger under the head current liability and it will display in balance sheet

Is This Answer Correct ?    2 Yes 2 No

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