Does suspense account only appear at credit side in tally erp 9 ,if so,.Why and how?

Asked by Last Modified  

Follow 0
Answer

Please enter your answer

Professional trainer with 15 years of experience.

A suspense account could be located in any part of an organization's chart of accounts. In other words, a suspense account could be located in any of these sections: asset, liability, revenue, expense. however tally is a only accounting software, user can make any group of account and tag to a ledger...
read more
A suspense account could be located in any part of an organization's chart of accounts. In other words, a suspense account could be located in any of these sections: asset, liability, revenue, expense. however tally is a only accounting software, user can make any group of account and tag to a ledger but accounting remains the upper hand so we can say that in tally we can allocate any transaction to assets and liabilities or Revenue and expense. read less
Comments

Trainer

No..its not always appear at credit side it my be on debit side depends upon your accounting treatment.
Comments

No. It depend on the nature of account & accounting rule.
Comments

View 1 more Answers

Related Questions

I am 28 years old. I have done MBA & wanted to improve my skills in the fields of finance & accounts from basics within a short span. I also wanted to be master in Tally with GST, Busy, taxation, E-filing of TDS. Kindly suggest me some reputed institutes in Delhi NCR with 100% assured Placements.
Hello Nikhil, If you want to improve your skill set with Finance and Accounting , please go for best faculty and reputated institute or you may find an expert for this field, I can help you , please contact...
Nikhil
1 0
5

Is learning Tally good or is learning Advanced Excel and Python good? Which one will be better for getting a job? What would be the general cost of learning Tally, Advanced Excel and Python? Which are the best tutors or institutes near to Kudlu Gate and Electronic City?

 

 

As a beginner, you should go with Advance Excel and MIS reporting. After that, you can go for VBA, SQL, and Python in the end. Follow this career path. You will end up being a data analyst and package raging from 8-12lakh pa.
Prabhu
Does any training or cerification is required to learn Tally Software?
No. There is no such requirement. You can directly apply for tally.
Bhavesh
What are the differences between tally and SAP businesses?
They are 2 different software for accounting
Parna
0 0
5
What is the difference between SAP and Tally Software?
In simple we can say SAP can't afford by Small and Medium Scale Business. So Tally is called power man's SAP
Shweta.m

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Why Tally is most popular accounting software in India?
Why is Tally the most popular accounting software in India? The top 10 reasons follow. 1.Easy maintenance : Maintaining an accounting software package hasn’t been more comfortable. A transformation...

Highlights Of Some Recent GST Council Meetings
Highlights of 22nd GST Council Meeting at New Delhi on 6 Oct. 2017 GST Council in its 22nd Meeting at New Delhi has recommended certain facilitative changes to ease the burden of compliance on small and...



Tips to Improve Your English Fluency
Think in English. Here and there the troublesome thing about talking in another dialect isn’t the dialect itself, yet how you consider it. On the off chance that you think in your local...
A

Attitude Tally Academy

0 0
0

Recommended Articles

Information technology consultancy or Information technology consulting is a specialized field in which one can set their focus on providing advisory services to business firms on finding ways to use innovations in information technology to further their business and meet the objectives of the business. Not only does...

Read full article >

Hadoop is a framework which has been developed for organizing and analysing big chunks of data for a business. Suppose you have a file larger than your system’s storage capacity and you can’t store it. Hadoop helps in storing bigger files than what could be stored on one particular server. You can therefore store very,...

Read full article >

Almost all of us, inside the pocket, bag or on the table have a mobile phone, out of which 90% of us have a smartphone. The technology is advancing rapidly. When it comes to mobile phones, people today want much more than just making phone calls and playing games on the go. People now want instant access to all their business...

Read full article >

Software Development has been one of the most popular career trends since years. The reason behind this is the fact that software are being used almost everywhere today.  In all of our lives, from the morning’s alarm clock to the coffee maker, car, mobile phone, computer, ATM and in almost everything we use in our daily...

Read full article >

Looking for Tally Software classes?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you