Transactions Recording

a. Recording in the system

a. The sale & purchase entry of Investments is done by Amit in the ERP system. Recording of transactions in tally done by Partha is solely for a detailed understanding of no. of units & the balance of the funds.

b. For income from investments, Amit records the transaction in the ERP system as and when the intimation from the bank is received & he confirm the nature of the income from the advisory.

c. In case of TDS receivable the calculation sheet for the same is prepared by Partha & then Amit makes the entry in the ERP system for booking TDS.