Tally

This query is : Resolved

M/S DIVAKAR HARI & ASSOCIATES (Querist)
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13 August 2015 Dear Sir,

I'm from Mumbai. I am an employee. I want to maintain my personal account (income from salary & all types of expenses) in tally.erp 9.

My doubt is " What is the tally group for receving the salary from my company through bank account ?"

Is it Sundry Debtors or direct Incomes?

Sir, Can you help me out please?

PRATIK AGRAWAL

PRATIK AGRAWAL (Expert)
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13 August 2015 It will be direct Income.

I would recommend EXCEL instead. Probably the best calculation tool ever invented.

M/S DIVAKAR HARI & ASSOCIATES

M/S DIVAKAR HARI & ASSOCIATES (Querist)
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13 August 2015 Thank you sir.

Is P&L enough for this Personal Accounting?
or
Income & Expenditure is the Best?

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PRATIK AGRAWAL

PRATIK AGRAWAL (Expert)
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13 August 2015 Income & Expenditure account prepared by the Non Profit Organisations like Hospitals, Schools , Colleges , Trusts ,
SOcieties and P&L by others.

You have to prepare P&L