Skip to main content
Jul 8, 2020 9:12 AM UTC
Question

How to transfer review funds under banking head to customer accounts directly as advance received (Liability)

Original commenter did not share additional details

1 reply

Alok Shah
Jul 15, 2020 8:06 AM UTC

Dear Sir,

There are 2 ways

1. Either you can show it under accounts receivable so it will be merged in customer account 

2. You create a separate advance recd from customer ledger group it under liability and use customer name so you will know the breakup.  

 

Let me know if any questions

 

CA Alok Shah

9326074696