loan entry

[gopi mehta]

mortage loan financed of rs 79,00,000 but we get in bank a/c of rs 76,94,100 ,so how can i do this entry in tally erp 9

plz immediate reply.

[DR.MARIAPPAN GOVINDARAJAN]

For what purpose?

[Ganeshan Kalyani]

The difference might be first month installment. Kindly the confirm the amount from the lender.

AI Summary

Loan disbursement discrepancy may reflect upfront lender deductions; confirm withheld amount with lender before accounting entry. Loan disbursement discrepancy: borrower received less than the sanctioned mortgage principal. Likely causes include lender-side upfront deductions such as an initial instalment or immediate charges. The respondent advised confirming the specific withheld amount with the lender before making the accounting entry.