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ACCOUNT HEAD

28 July 2020

Dear Sir,

please provide the Name of the Group which I create the ledger shree Ganesh JE maharaj Rs.1.25 (One Rupees+ twenty five paisa)

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5 Replies

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 28 July 2020

There is no need to create Ledger "Shree Ganesh Ji Maharaj". You can directly pass entry to "Sundry expenses" Account as amount is very minor (and in narration you can write Given to Ganesh maharaj jj)

And if you want to create account than you can create this Ledger " Shree Ganesh Ji Maharaj" under Group Indirect Expenses group.

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Naveen Kumar (629 Points)
Replied 28 July 2020

Sir, it's not expenses it's name of God Lord Ganesh proprietor pay 1.25 to own pocket to successfully business

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 28 July 2020

You mean to say that Proprietor pay 1.25 to God Lord Ganesh ( @ Temple) from his own pocket for successfully running business ?

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Naveen Kumar (629 Points)
Replied 28 July 2020

Yes Sir but during Poojan of account books earlier we have used manual books and manual no need for any group but this time we are using tally and shree Ganesh JE maharaja is balance of opening.