Tally's DefaultIn Tally, it is not possible to maintain multiple contacts for single ledger. Only…
There are two methods of accounting system followed in Inida, namely;
- Accrual / Mercantile basis and
- Cash basis
This tdl used to follow mercantile basis of accounting, by which the revenue or assets based ledgers are blocked to use in payment or receipt vouchers.
Using this tdl filters revenue and assets ledgers (Income/Expenses/Assets) in Bank Vouchers.