1. When is Agst ref in Tally Prime used?
When we pass receipt or payment entries against the references produced at the time of passing original entries like sales and purchases, this reference is utilised.
2. What does it mean to pay in Advance?
When an amount is paid before receiving goods or services or for purchases to be made in a future date, it is termed as Advance.
3. In TallyPrime, what does it mean to pay On Account?
This type of reference is used in interest receipt and interest payment entries. Also, when we are unsure about the bill amount the debtor has settled against.