Single Bank Account in multiple Companies

Arumuga Nainar (MD) (44 Points)

21 March 2009

In tally

I want to maintain single bank account in multiple companies using group company feature in tally.

How to do this

Please help me

thanks

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3 Replies

shailesh agarwal (professional accountant) (7642 Points)
Replied 21 March 2009

you have to some complicated enteries just like branch accounting

open same bank a/c in every company with prefix or sufix of company name

do enteries by debiting and crediting eachothe companies by journal voucher

and using group company feature when you same a/c then it will reflect net balance

Arumuga Nainar (MD) (44 Points)
Replied 21 March 2009

thanks but any other easy way

Manoj Garg (Support on Tally Excel Password Recovery etc.) (1987 Points)
Replied 26 August 2009

no way

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