Tally entry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 September 2012 i have a loan teack...bt in the invoice ...of vehicle ...there is a amount of 12,50,150 and the finance amount is 18,50,150/- ...how i put entry in tally...tell me

Amol S Joglekar

Amol S Joglekar (Expert)
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11 September 2012 trace out these 2 amounts. The cost of vehicle shall be debited to vehicle account.

CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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12 September 2012 Put Vehicle Invoice Amt in Vehicle Dr.
Credit to Loan Agency.

After That Loan Giver Will Give you Installment Breakup, in That I & P is Separated.
Just Dr I to PL account & P to Loan Agency.

Regards,

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