Hello, I'm having a question regarding to books of accounts. I'm owner of a grocery shop. We used to do accounting in Marathi but we have decided to upgrade it to English & as per the requirements in Income Tax. So please give me the list of Books of Accounts which I shall maintain & which will help me to track over my transaction.
2 Replies
Hari Wadhwa
(CA in Practice)
(485 Points)
Replied 01 January 2012
Maintain Cash Book (including Bank column), Sale- Purchase Books, Journal & Ledger.
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5181 Points)
Replied 02 January 2012
Mr. Onkar
Nowadays computer software is using for all accounts purpose. Tally soft ware is most popular nowadays. There are several versions of software tally. You have to choose the version for Grocery business based.
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