Partnership accounting system

This query is : Resolved 

26 December 2013 I'm working in a 5 Year old partnership firm. for the past years they entered the transactions informally in Excel sheets. Roughly estimated the profit and losses and shared as per the ratio. Last month i have joined as a financial analyst in this company. Really worried about this accounting system. Now i don't know how to continue this system. Please give me an idea ... how can i develop the partnership accounts system?

26 December 2013 hi,

no problem just watch what is going on the firm u can able ti set right all those things and if u have clarity u can do.

Tnks

26 December 2013 Hi

You can use better accounting software to have control & standardisation.


You may begin with Tally

Thanks//VaibhavJ




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries