Answer / jayanta mohanty

Exgratia word has come from Latin word.It's literary
meaning is something extra ,over and above the liabilty.
Thus the Exgratia payments refers to a payment made to
someone in addition to the actual liability to pay.
For example, a lump sum payment over and above the pension
benefits of a retiring employee.Ex-gratia is Latin form,
from favor or as a favor. Also called ex-gratia settlement.

Sir what is IFUSL? Asked in bank loan form

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i am new to Tally ERP 9. i have a problem facing the negative stock balances for few items. now i want to know, how do i write-off/adjust in Tally and make them NULL/Zero as at 31/12/2011, so that they don;t appear as 'negative' as the opening bal. from 1/1/2012..i have used the physical stock entry screen for the differences stock items. but for those item whose balances is simply Negative appearing from previous years for may be several reasons, how to deal with those? thanks in advance for any help..

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