Ordinary Business Details

ZEN IT || Process for Feeding Ordinary Business Details


To input ordinary business details into the system, please follow the steps outlined below:

Step 1: Add Business Information
  1. Navigate to Transactions → Business and Profession Income
      

Step 2: Select the "Ordinary" Option
  1. Ensure the "Ordinary" option is selected by checking the corresponding radio button.
      

Step 3: Enter Business Details

Business Name:
  1. Input the business name in the field labeled "Business Name" and "Particulars".
      

Profit and Loss Details:
  1. Populate the Profit/Loss fields using the following sources as applicable:
      
    1. General Information (P&L, Point No. 53-12b): Navigate to Transactions  General Information/BS/P&L  Profit and Loss.



    2. General Information (P&L, Point No. 61(i)D or 62(ii)D): Navigate to Transactions  General Information/BS/P&L  Profit and Loss.



    3. Final Account: Navigate to Final Account and retrieve the necessary data.



Step 4: Import Income Details
  1. Utilize the Provide in Import Profit/Loss option to input the details collected from the above sources.

Hope this provides clarity on the process.