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How to delete a ledger which closed with zero balance in previous year

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Suresh Ayyar

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In computer accounting system.....
as a cardinal rule, and to keep audit trail, no a/c or ledger system can / should be deleted once it's been opened and used, even if there has bee no transaction for the full year, it can just be disabled.
Most of the accounting softwares (ERP) systems do not alow for deletion of any a/c once it's been used even for just one transaction
(it's can be marked as disabled, temp-closed, perm-closed but can never be deleted) ......well...on the oither hand if that were to happen.....there could be more scams all over the financial world....

Posted on Nov 03, 2010

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