How to create Drawings Account Ledger in Tally.ERP 9? In Tally.ERP 9 we can create the Drawing Account ledger using Ledger Creation screen and we have to select the Capital Account group in the screen. So, the Drawings will automatically deducted from the Capital Account in the Balance Sheet.
Taxmann's FEMA & FDI Ready Reckoner by V.S. Datey incorporated authorized person under FEMA, money changing activites, liberalised remittance scheme, capital account transactions and borrowing & lending in foreign currency.