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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 Posted / 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



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