How to enter closing rate of shares in case of investment co

This query is : Resolved

Vimal Kumar (Querist)
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25 September 2014 Hello Friends,

In case of an investment Company, How to :-

1) Enter Closing rates for stock valuation in Tally ERP 9 ?

& 2) How to Select the valuation Method of Invetories ?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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25 September 2014 u need to follow as 2 only in this case.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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25 September 2014 the valuation method will remain cost or market price which ever is lower. Instead of entering closing rates for each scrip you may make an overall computation for the adjustment to be made and pass a single entry..

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