Sir please help to solve me this problem.
This query is : Resolved
17 January 2018
Sir,
As a businessman my all dealing are with Inter state ,and all the parties are registered person in Gst.So all my Invoice are in the name of that Party ,which has to be same in Tally.Now some party partly paid cash payment and partly in cheque.So as no cash sales is done, so at the purchase in cash, cash in hand shows negative balances .
Sir please advise how to make entry in tally in this regard.
As a businessman my all dealing are with Inter state ,and all the parties are registered person in Gst.So all my Invoice are in the name of that Party ,which has to be same in Tally.Now some party partly paid cash payment and partly in cheque.So as no cash sales is done, so at the purchase in cash, cash in hand shows negative balances .
Sir please advise how to make entry in tally in this regard.
17 January 2018
For cash payment by party pass the following entry in Tally.
Credit sundry debtors and debit cash to the amount of cash receipts.
You can receive cash for credit sale.
Credit sundry debtors and debit cash to the amount of cash receipts.
You can receive cash for credit sale.
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