Closing stock - with tax or without tax ?

A/c entries 670 views 2 replies

Dear friends,

                   While uploading closing stock in Tally, whether it should be inclusive of tax or exclusive of tax? Kindly reply. urgent.

 

 

Replies (2)

According to what we practice we show it excluding tax

I thing if credit on tax is available then it must be exclusive neither it should be inclusive..


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