Entry in tally
This query is : Resolved
27 October 2016
Hello All
My client has made FDR for Rs 109000/- in March 2015. Now in March 2016 he reinvested the amount of maturity amount of Rs.118855/-. What will be the entry of reinvestment of FDR amount in Tally?.
Pl give the entry.
Regards
My client has made FDR for Rs 109000/- in March 2015. Now in March 2016 he reinvested the amount of maturity amount of Rs.118855/-. What will be the entry of reinvestment of FDR amount in Tally?.
Pl give the entry.
Regards
28 October 2016
U need to show it by different entries. First show the maturity of the Funds(realisation of money) and then show the investment entry.
28 October 2016
Thanks but you mean that
Maturity of FDR A/c Dr 118855
FDR A/c CR 118855
FDR A/c Dr
Cr ?
Pl confirm.
Maturity of FDR A/c Dr 118855
FDR A/c CR 118855
FDR A/c Dr
Cr ?
Pl confirm.
29 October 2016
I think you can do this by passing a singe entry also as follows:
New FDR a/c Dr. 118855
To Old F DR 109000
To Interest Recd on FDR 9855
New FDR a/c Dr. 118855
To Old F DR 109000
To Interest Recd on FDR 9855
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