Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

sir if we make purchase and sale for the same pary for the
same amount what adjusting entry have to be passed to close
that entry in tally. while taking bill wise details we can
see the dr. cr.and have to cancell that

Answer Posted / nagachandra pattar

That is Not possible in Tally. For all that things u have
to maintain Excell Sheet. In Tally automatically Party A/c
becomes close for same amount purchase & sales. But it is
not possible to close Sales & Purchase A/c by passing J.V.
U have to show all your Purchases & Sales Separately.

Is This Answer Correct ?    13 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to get C forms in online? Plz give me Processor Thanq

3363


Explain what is double-entry accounting? Explain with an example?

1147


Are there any questions you would like to ask?

1291


what is the due date of 28th feb

2511


saji become insolvant -what is journal entry

1851


Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.

2244


Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

3811


If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .

2302


Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

1970


There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.

2029


SHADOW BALANCE SHEET

13715


what is addition of Opening Balance and net profit transfered from profit and loss account called

1981


adjustment entry showing in tally such as outstanding salary prepaid salary etc.

3394


What does the abbreviation m mean in accounting?

1168


i am normally accountant. i am not a CA. then i learn a account maintain

1892