Check sibling questions

What is Daily Breakup of Transactions?

It means checking day to day transactions of a ledger as well as closing Balance


Why it is Important?

It is especially used in Cash A/c to check whether Cash Closing is not negative on Any given day

If cash balance is negative,it either means

Cash entry is passed on wrong date


Cash payments shown are fake


Some Cash Receipts are not shown



How to Check Daily Breakup in Tally

  1. Just Open Ledger(Display-->Account Books-->Ledger)
  2. Click F6 (Daily Breakup)
  3. Transactions and Closing Balance will be shown
  4. If closing balance in red,it means negative cash balance




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Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.