Devdas Bhagat wrote:
On 06/01/07 17:55 +0530, Saswata Banerjee & Associates wrote:
<snip>
Huh ?
Tally works with double entry accounting.
Where did you get the idea that tally does not follow double entry
accounting ?
One of the few things about double entry accounting I remember is that
deletion was not allowed. I may be wrong, though.
Devdas Bhagat
Double Entry accounting specifies that for every entry that is made in
the accounts, there has to be 2 parts, one being the credit and the
other being debit and that the total of the debits should be equal to
the total of the credits. It does not say anywhere that you can not
delete an entry. You are very much allowed to delete entries, though it
is frowned on by all good accountants and auditors.
You must remember that Double Entry System is more than 400 years old
and at that time there was no "delete" button available. The only way
you could delete an entry was to scratch it out (or perhaps use eraser /
white ink) and recast the totals. However, this is obviously not a safe
method.
With tally type of accounting software, deletion is now possible and the
bad accountants have started to use it. It is easy for them to hide
their errors that way.
Just to clarify, I dont like tally. I think it is the most stupid
accounting software available. I always recommend to my clients to
switch. Only problem is that there is no Indian Accounting software that
is any better. So you are stuck.
BTW, I am yet to see Tally Linux. I doubt if the dealers or even Tally
customer support would have heard of it. It is a statement that they
have been making for a loooong time and can be classified with vaporware.
Regards
Saswata
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