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
- Navigate to Transactions → Business and Profession Income
Step 2: Select the "Ordinary" Option
- Ensure the "Ordinary" option is selected by checking the corresponding radio button.
Step 3: Enter Business Details
Business Name:
- Input the business name in the field labeled "Business Name" and "Particulars".
Profit and Loss Details:
- Populate the Profit/Loss fields using the following sources as applicable:
- General Information (P&L, Point No. 53-12b): Navigate to Transactions → General Information/BS/P&L → Profit and Loss.
- General Information (P&L, Point No. 61(i)D or 62(ii)D): Navigate to Transactions → General Information/BS/P&L → Profit and Loss.
- Final Account: Navigate to Final Account and retrieve the necessary data.
Step 4: Import Income Details
- Utilize the Provide in Import Profit/Loss option to input the details collected from the above sources.
Hope this provides clarity on the process.