Branch accounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 October 2016
Dear Experts,
We have opened the new branch in other state pls tell me do we need to maintained branch accounts separately or it will be clubbed with our company accounts.
Regards
Sunil Gupta
We have opened the new branch in other state pls tell me do we need to maintained branch accounts separately or it will be clubbed with our company accounts.
Regards
Sunil Gupta
25 October 2016
Better to maintain separate branch in the same books of the company. This will show u the performance of the branch and all legal matters also.
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 October 2016
Sir how branch accounts can be maintain separately in the books of company can you pls let me know the same.
25 October 2016
There are many corporate softwares in which U can maintain separate branch accounts. I m showing u the process through tally(by cost centres) visit the following you tube link for tutorials:-
https://www.youtube.com/watch?v=xWSxVDKcVOQ
Its better to purchase corporate software(s)(if ur business is a large scale) in which u can easily view the reports, then tally.
https://www.youtube.com/watch?v=xWSxVDKcVOQ
Its better to purchase corporate software(s)(if ur business is a large scale) in which u can easily view the reports, then tally.
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