How to prepare monthly P&L and Balance Sheet (I am using
Tally 7.)2. Please guide me in detail(step-by-step) from JV
to finalization and also how to start on the first day of
the next month if we close the books in the previous month.
Answer / mudunoori
I think that you are making time pass.Unlike manual
accounting you need not do finalisation process the package
itself will do everything if you simply pass journal entry.
Thru your question I have to understand you as you are not
under the practice of Tally any version. Here after dont
try to wate your time and others valuable time
| Is This Answer Correct ? | 8 Yes | 10 No |
Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.
can anyone give me clear meaning of INVOICE in accounting terms
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