Dear Sir,
please guide how to Entry pass in tally fixed deposit but note matured
Singhniranjan736 @ gmail.com
Journal entry for interest on FD
Page no : 3
NIRANAJN SINGH
(ACCOUNTANT)
(25 Points)
Replied 27 July 2022
Attached File : 1880166 20220727115259 termdeposit.jpeg downloaded: 71 times
NIRANAJN SINGH
(ACCOUNTANT)
(25 Points)
Replied 27 July 2022
Dear Sir,
please guide how to Entry pass in tally fixed deposit but note matured
Attached File : 1880166 20220727115259 termdeposit.jpeg downloaded: 117 times
Priya Bhogle
(2 Points)
Replied 13 October 2022
Do we need to pass monthly provision for the accrued interest and reversal?
Apurba Pandit
(Owner)
(0 Points)
Replied 03 June 2023
Yes, it is generally necessary to pass a monthly provision for accrued interest and reversal. This provision helps account for the accrual of interest expenses or income that has been earned but not yet received or paid. By recognizing this accrual, financial statements can reflect a more accurate representation of the company's financial position and performance.
Recent Topics
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
- ITC temporary reversal and reclaim
- Query on Transactions
- Two GSTN under different PAN in same address
Related Threads
CAclubindia
