How to Post entry for Transit Damage or Godown Damage in tally 9 ?
laxman suthar
(Asst. Manager Taxtation )
(329 Points)
Replied 14 February 2009
| Originally posted by :Mahesh | ||
| " |
MAke JV Demage A/c Dr. xxx To What is Demage (assets, goods etc) xxx |
" |
Mahesh
(Accountant)
(28 Points)
Replied 16 February 2009
Thanks Laxman . I would Like to clarify little more since i am working with a Distributor who gets item from various suppliers. Some time the items get damaged in transit for whcih we get Claims from the Supplier. We are keeping our Accounts in Tally and i want to make sure the damages are reflected in the Closing Stock and the Claim Process gos properly.
I have Created a ledger "Damage A/c" as Direcct Expenses and posted the entry Like this
Damage A/c Dr. XXX
To Purchase A/c [ With appropriate reference to the Specific Product]
and I am planning to put another entry after getting Claims from the supplier as
Supplier A/c Dr XXX
To Damage A/c XXX
Is this the correct Way to deal Transit Damages . Pleas Advice...
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