11 June 2023
How to post journal entry of tution fees collection from individual student in tally keeping the outstanding of individual student Suppose a student X have an outstanding tution fees on 1st April 50000/- and received an amount of 25000/- in FY22-23. Show the journal entry for tally please share your answer it's urgent.
12 June 2023
In case tuition fees of 25,000 accounted on receipt basis to tuition fees account. Debit tution fees account and credit X tuition fees outstanding account.
13 June 2023
Actually sir, x is a student and has an due tution fees of rs 50000/- Last financial year ie 22-23 and this year he paid only rs 25000/- of the due tution fees. What will be entry in tally ERP 9.
16 June 2023
Let me explain a two year degree course fee for a study cost 50000/, first year fee was 25000/- after paying a tution fees of rs 25000/- his tution fees and a student tution fees comes down to rs 25,000/- as the opening of the current year.
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