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    Bal krishna sah's Avatar
    Bal krishna sah Posts: 2, Reputation: 1
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    #1

    May 29, 2012, 08:42 PM
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    I have a computer institute , I want to implement Tally7.2 then what should I considered the back year student dues, is it current assets in new fiscal year or not?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    May 30, 2012, 03:39 AM
    Quote Originally Posted by Bal krishna sah View Post
    I have a computer institute , i want to implement Tally7.2 then what should i considered the back year student dues, is it current assets in new fiscal year or not?
    Usually current assets are those that are collectible within one year however the life of company which has loss of IT systems is considered two months
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