Ravishankar K (Accountant) (461 Points)
26 June 2012Dear Friends,
In our final accounts we have made Balance Sheet and Profit & Loss A/c accounts, but in that due to interest received from bank in paise like 25588.28 rs, our balance sheet is coming in paise the total, now how to remove the paise / round off the paise and make it round figure what entries shall i pass in tally , explain with ledger & group . Thanks a lot friends please do help me ;)
CA Karan Lodhi
(CA and B.com(hons.))
(879 Points)
Replied 27 June 2012
dnt make it round.Laeve ur books as they are (i.e intact). You can do one thing i.e when u draw balance sheet in excel then u can use round formula to avoid fractions. Making editions/modifications in tally is not recommended
CAclubindia
