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Querist : Anonymous

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Querist : Anonymous (Querist)
20 December 2010 Hello experts,
For bank guarantee & Letter of Credit
what are the supportings generated once BG & LOC are raised?

What accounting entries are to be made in Tally for BG & LOC separately?

regards
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
20 December 2010 No Separate Entry For LC in Tally Just Write it as Bank Charges For Making LC.
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Querist : Anonymous

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Querist : Anonymous (Querist)
20 December 2010 what supportings are generated for LC? any idea.
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