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IN WHICH GROUP CREDIT CARD SHOULD BE TREATED IN TALLY?

Accounting Tally
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Question added by Murtaza Kalabhai , Accountant , Al Raj Mobile Phones Trading L.L.C
Date Posted: 2014/08/11
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Kuljeet Singh
by Kuljeet Singh , Subject Matter Expert , Accenture Solution Pvt. Limited

We should treat credit card in s.creditor side. The reason is that some time we make payments less than the billing amount so in that situation it shows as creditors If we make full payment than it will be Nil.

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