how depreciation can be post in tally
1)We can not post depreciation entry on land
We can post depreciation entry other than land
Ex Depreciation a/c Dr XXXX
To Plant & Machenary a/c XXX
To Vehicles a/c XXX
etc........
2)YOU CAN POST YOUR DEPRECIATION ENTRY IN JOURNAL VOUCHER.
DEPRECIATION ENTRY IS UNDER
DEPRECIATION AIC DR. 500000/-
TO BUILDING AIC 200000/-
TO CAR A/C 100000/-
TO MACHINERY AIC 200000/-
(BEING DEPRECIATION CHARGE ON BUILDING,CAR & MACHINERY)
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