On 06-Jan-07, at 11:03 PM, Devdas Bhagat wrote:
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.
alteration/deletion of a voucher is done by making reversal entries - but if you look at the accounts of auditors scrabbling around at the bottom of the food chain you will find huge bills for erasers and white ink - they are the same people who use tally