Company GST Set Up – Special Set Up Process In earlier chapter, we have discussed Basic details for Company GST Set Up process in Tally Prime 7, are applicable to all registered organisations, in general. In this chapter, we discuss additional set up process (apart from the Company GST Basic Set Up (discussed in previous…
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Company GST Set Up – Basic Set Up Process
Company GST Set Up – Basic Set Up Process GST Accounting Using TallyPrime 7 GST is applicable only for those organisations, who cross the specified threshold of Sales, or are otherwise are liable for Registration, subject to GST rules. They must register their organisation under GST Rules. On registration, they are allotted a unique by…
Cash Bank Accounts Books
Cash Bank Accounts Books Cash Book We have explained that any transaction is first to be entered in Journal. Journal is a Day Book of chronological record of all transactions. It is the primary book of entry. However, Journal Book does not reveal any accounting information. We can get any information about the accounts, only…
Subsidiary Accounts Books Types, Advantages and Limitations
Subsidiary Accounts Books Subsidiary Books Subsidiary Books are extension of Principal Books (of Journal & Ledger) Book. When volume of transactions increase, recording of all transactions in Primary Books (Journal) and posting into one Ledger Book become inconvenient. Subsidiary Books save time, labour, space and avoid Primary Books becoming voluminous. In organisations with large number…
