Poonawalla fincorps
Poonawalla fincorps

Tally

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 March 2014 how to capitalize lic premium in tally ? tell me the voucher entry.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
03 March 2014 Capital A/c Dr
To Bank

You can also open LIP account under Capital account and pass the following entry:

LIP A/c Dr
To Bank

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