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Accounting_entry

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 November 2010 Dear Sir
how to pass accounting entries in tally for Derivatives and commodities and how to calculate gain / loss on the same please explain me in breif
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
11 November 2010 like normal journal entry. Refer to guidance note on accounting for F & O for accouting details.

Gain / Loss will be calculated on mark to market basis and will be determined by the broker i. e. the broker will issue contract note.

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