How to write off a creditor
This query is : Resolved
Guest
Guest
(Querist)
21 August 2012
Dear Sir / Ma'am,
In tally I have a few creditors where we have made them excess payments then the bill amount by merely 100's or 300's. for eg. if X company gave us a bill of 1000/- we made pmt to them of 1200/-, now there isn't any more pmt to be done to them & they will not provide us any bills for 200/-, so how do I write them off in tally??
In tally I have a few creditors where we have made them excess payments then the bill amount by merely 100's or 300's. for eg. if X company gave us a bill of 1000/- we made pmt to them of 1200/-, now there isn't any more pmt to be done to them & they will not provide us any bills for 200/-, so how do I write them off in tally??
22 August 2012
Let the debit balance appear in the books.
Guest
Guest
(Querist)
22 August 2012
thank u for ur reply...but since we have already paid those creditors completely & there will b no further transaction in near future, still wud i let them b on the debit??
22 August 2012
You can let the balances appear till the management decides to write them off.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Tds on building rent monthly
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
