What is the process for recording donations and charity expenses in Tally?

Asked by Last Modified  

Follow 1
Answer

Please enter your answer

"Freelancer 8 years of Experience in Multiple Industries"

Credit Basis 1) Donation/Charity A/c Dr 1000 (Under Indirect Expenses) To Creditor A/c 1000 (Under Sundry Creditors) 2) Creditor A/c Dr 1000 (Under Sundry Creditors) To Bank A/c 1000 (Bank Accounts) ...
read more
Credit Basis 1) Donation/Charity A/c Dr 1000 (Under Indirect Expenses) To Creditor A/c 1000 (Under Sundry Creditors) 2) Creditor A/c Dr 1000 (Under Sundry Creditors) To Bank A/c 1000 (Bank Accounts) Cash basis 1) Donation/Charity A/c Dr 1000 (Under Indirect Expenses) To Cash A/c 1000 (Cash Book) read less
Comments

Related Questions

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 is Tally?
Tally is a accounting software. In this software you can easily maintain business account
Chitra
0 0
5
Can you please send me a fees structure for tally courses?
Rs.2000 for Online and Rs.3000 + Petrol Charges for Home tution. Basic Accounts, Accounting, Taxes (TDS, CST, VAT, Service Tax, Excise Duty, Income Tax), Payroll, Inventory, Reports, Annexures & Forms, Online Return Filing.
Sunil

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

Ask a Question

Related Lessons

Checklist for Tally.ERP 9 in Educational Mode (Client System)
1. Check the Date and Time of the System. 2. Check the internet connectivity and LAN connectivity. 3. Configure your Tally.ERP 9 client license using the Gateway Server 3.1. Start Tally.ERP 9. 3.2....

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...

General Information about Tally
Founded 1988 Founder Bharat Goenka and Shayam Sunder Goenka Chair Person Sheela Goenka Managing Director Bharat Goenka Headquarter Bangaluru,...

Basic Short-Cuts In Tally ERP.9 (For Beginners)
New Company Creation: Alt + F3 Change Period: Alt + F2 Voucher Creation: V Day Book: D + D Delete Any Ledger / Voucher / Entry: Alt + D Create any Ledger in the middle of Entry: Alt + C Ledger...
S

Sayak Bhar

0 0
0

Recommended Articles

Microsoft Excel is an electronic spreadsheet tool which is commonly used for financial and statistical data processing. It has been developed by Microsoft and forms a major component of the widely used Microsoft Office. From individual users to the top IT companies, Excel is used worldwide. Excel is one of the most important...

Read full article >

Business Process outsourcing (BPO) services can be considered as a kind of outsourcing which involves subletting of specific functions associated with any business to a third party service provider. BPO is usually administered as a cost-saving procedure for functions which an organization needs but does not rely upon to...

Read full article >

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 >

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