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What is consumables
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Accounting process.
Dear sir,
One of my client doing computer selling business. For him process is raising invoice in tally when they made sales, but in purchase there is some issues, they are up dealers, they get materials 100℅ but they have to repay to hP for 4installement. So invoice getting quarterly. In is tally facing issues in profit and loss account. Example sales is 100. Purchase is 40. Sales is 100 but purchase get invoice 10.profit is showing 90. But correct one is 60.
Please tell me how to maintain the correct profit and loss account in tally.
Regardcinod
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how to calculate it.
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what is net income and type of revenue as per schedule III of Balance sheet.
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What is Gross profit and Net income
what is Gross profit , Net income and Net Loss as per schedule III also.
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How to Download notice of Bonus/split/Merger or demerger or Right issue
How to download notice of any company issued regarding Bonus/ Split of share/ Merger or Demerger of shares/ Right issue or right Entitlemet.
Please reply
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Accounting Group of FDR
whether accounting group can be created under
Bank Account
Or Under Investment Account
if Bank Account or Under Investment Account maintained , then what will problem arises while booking FDR
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