Tally

What Is Tally And How To Operate.

1). Rules Of Real Account

@:When Transaction Made In Cash Purchase Or Cash Sales Are Recorded In Real Account

         Debit  Account :What’s Come In

         Credit Account : What’s Goes Out

 

2). Rules Of Personal Account

@:This Is Identify By Person Name, Properties, Company .

         Debit  Account : Receiver

         Credit Account :  Giver

 

3). Nominal Account 

@: This Is Identify By Profit/Gain  And Loss/ Expenses

          Debit  Account : Expenses Or Losses 

         Credit Account : Profit  Or Gain