0
This is a non-accounting voucher and the entries made using it will not affect your accounts. That is, Tally does not post these entries to ledgers but stores them in a separate register. You can alter and convert a Memo voucher into a regular voucher when you decide to bring the entry into your books. Memo vouchers are used when the user has to make Suspense Payments or he has to make a transaction for which the user does not have complete information.
Major use of Memorandum vouchers when we make balance sheet, we need to enter some expense which have to occurred so we use this voucher to enter those which reflects in your balance sheet but not posted to any ledger account.
Add your answer:
Earn +20 pts
What is a memorandum account?
This is a non-accounting voucher and the entries made using memo voucher will not affect your accounts.
What are some synonyms for the term 'chit'?
The word "chit" is a noun, it means "bill" and has to be with money or cash. Some synonyms for the term "chit" are check, draft, memo, memorandum, note, tab, voucher.
Types of voucher?
classification of voucher supporting voucher accounting voucher internal voucher external voucher cash voucher non-cash voucher debit voucher credit voucher (cash payment) (cash receipts)
What are the kinds of memorandum?
what is a proforma memorandum?
Kinds or types of memorandum?
Types of memorandum
What are informational memorandum reports?
= What are the informational memorandum reports? =
What is the plural of memorandum?
The plural of memorandum is memoranda.
What are the informational memorandum reports?
= What are the informational memorandum reports? =
Memorandum and articles of association of reliance?
whar is memorandum of association
When was Stanhope Memorandum created?
Stanhope Memorandum was created in 1888.
When was Transjordan memorandum created?
Transjordan memorandum was created in 1922.
When was Passfield Memorandum created?
Passfield Memorandum was created in 1930.
