Trial balance Import through Excel Template

Income Tax || Trial balance Import through Excel Template

How to Import Trial Balance Through Excel Template:
Preparing a trial balance through Excel involves organizing your financial data to ensure that all debits and credits balance. Here's a step-by-step guide to creating a trial balance in Excel:
Step 1:
Go to Transaction >> Balance Sheet >>Trial Balance:


Step 2:
Click on "Export" Button (To Export Excel Template) and then Save the Excel File on your Location.
Then Click on "Import Trial Balance":


Step 3:
Prepare Your Excel File
      Format Your Excel Sheet:
  1. Ensure that your Excel sheet is properly formatted. Typically, it should include the following columns:
  2. Sr. No.
  3. Account Name
  4. Group
  5. Debit Amount
  6. Credit Amount
The trial balance should be balanced, meaning total debits equal total credits.


Step 4:
Click on Import Trial Balance >> 
1. Import Selection >> Select "Excel".
2. Click on 3 Dots >> Select the "Template" Which is prepared.
3. Click on "Next" Button to import the Data.

Step 5:
Verify the Data and click on "Next" Button:


Step 6:
Match the Groups as per Income tax Primary Groups Available:
 

Step 7:
Now your data will be shown here:


Hope This Helps.

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