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Dayanand
11/28/2013 03:56:23 pm

I have newly joined a Builder who constructs building contracting to contractors.

I created Works Contract Purchase ledger among others for bill from the contractor.

However, when the entry is passed, though the amount is shown as purchase in Trading, it is not reflected in the credit side for closing stock and instead it shows as gross loss. Pl help me to solve out this problem

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