If a company previously maintain Books of Account manualy, and now company wants to maitain its accounts on Tally erp, then we have to pass the opening Entry . Entry is something like this-
All Assets A/c Dr. ×××
To All liabilities A/c ×××
To Capital A/c ×××
(Q).How do I pass the opening stock entry in Tally to find the balancing figure of capital A/c ?
# I was trying to pass it in a journal voucher, but in the journal voucher did not take stock-in-hand entry.
In order to pass opening entries in Tally you have to pass it like below :
In gateway of tally go to Accounts Info then Ledgers and then create. Create all accounts therein and fill required information one by one
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