Accounts
This query is : Resolved
Guest
Guest
(Querist)
02 September 2009
paid vat tax - in tally it should be link to what (indrict expense)
03 September 2009
You have to create following a/c
Vat Payable : Under Current Liability
(Credit this a/c when you charge vat, and Debit same when you paid this one)
So, Don't consider this as Expenses, bcaz this is liability.
Vat Payable : Under Current Liability
(Credit this a/c when you charge vat, and Debit same when you paid this one)
So, Don't consider this as Expenses, bcaz this is liability.
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