the following example, a sales bill was raised on March 2, 2006 with the
effective date activated and entered as March 10, 2006.
Voucher screen displayd is as shown below:
Note: The Effective date for a
voucher can be enabled from the Voucher Type master.
Outstanding Report is displayed as shown below:
the above report, the Transaction date is March 2, the Effective date is March
10 and the Due date of the Invoice is March 25.
the interest parameter as shown below:
The Interest is
calculated from March 10, which is the Effective date of the transaction.
To view the report:
Go to Gateway of
Tally > Statements of Accounts > Interest Calculations > Ledger >