23 September 2015
Dear, can we book our "interest received from fixed deposit" under sales accounts in Tally? where i am working there a ledger of "interest received from fixed deposit" are booked under sales accounts, is it right or wrong? please breif
23 September 2015
if it is income from other source and entry is rightly done then no need to worry.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
23 September 2015
But it is a charitable organization, they just depends on bank interest, can we book our interest received from bank under "sales accounts" or we can book under "direct/indirect income"?
23 September 2015
But it is a charitable organization, they just depends on bank interest, can we book our interest received from bank under "sales accounts" or we can book under "direct/indirect income"?