Can I Treat Prepaid expenses in Tally erp 9?

Timestamp :: 7/29/2015 23:28:08

Name :: SANJEET KUMAR PRASAD

E-Mail Address :: wap.sanjeet@gmail.com

Your Country :: india

Question Title: :: Tally erp 9

Your Country :: india

Explain your question in detail ::

 Can you help me Sir? treatment of Prepaid expenses in Tally erp 9

Category :: Accounting Software

Answer : Yes, For this create ledger creation of prepaid expenses under current asset and pass the following voucher in tally.erp 9

Prepaid Expense Account Debit

Expense Account Credit