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The existing company has ledgers with opening balances. Can I make the opening balance of the ledger to Zero ?

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Yes you can go and update the opening balances in the ledger
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Homemade Chocolates Making Training

You must entered the Last year Ledger's (Closing Balances of Assets and Liability Account heads) amounts as this year Opening Balance. You can update the other (Revenue income and expenditures) account heads Opening Balance to Zero
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Tally Trainer

Closing balance of the previous financial year will be the opening balance of the present year.
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Account Tutor

all expense ledger should be zero and last is closing balance will be carry forward as opening balance. if you donot want carry forward go to each ledger and chang the opening balance as zero
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Related Questions

I am 28 years old. I have done MBA & wanted to improve my skills in the fields of finance & accounts from basics within a short span. I also wanted to be master in Tally with GST, Busy, taxation, E-filing of TDS. Kindly suggest me some reputed institutes in Delhi NCR with 100% assured Placements.
Hi Nikhil, You already done MBA, but you did'nt metioned in which subject MBA done. If you done in finance & account, not required to again training. Please you take a Tally training at computer centres...
Nikhil
1 0
5
what is the difference between Tally ERP 9 and Tally 7.2?
Tally ERP 9 is advanced version compared to Tally 7.2. There are more features in Tally ERP 9 than that of in Tally 7.2.
Anjali
Who invented Tally Software?
Shyam Sunder Goenka from Banglore was an entrepreneur and founder chairman of Tally Solutions
Deepti B.
Can you please send me a fees structure for tally courses?
Rs.2000 for Online and Rs.3000 + Petrol Charges for Home tution. Basic Accounts, Accounting, Taxes (TDS, CST, VAT, Service Tax, Excise Duty, Income Tax), Payroll, Inventory, Reports, Annexures & Forms, Online Return Filing.
Sunil

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