Lesson 5 Voucher Entry In Tally Erp 9 0530055606-Books Pdf

Lesson 5 Voucher Entry in Tally ERP 9 0530055606
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Voucher Entry in Tally ERP 9, Receipt Voucher F6, Journal Voucher F7. Sales Voucher Invoice F8, Credit Note Voucher CTRL F8. Purchase Voucher F9, Debit Note Voucher CTRL F9, Reversing Journals F10. Memo voucher CTRL F10, Optional Voucher All the available vouchers in Tally ERP 9 except. non accounting vouchers can be marked optional if required. Post dated voucher All the available vouchers in Tally ERP 9 can be. marked post dated if required, You can alter these vouchers to suit your company and also create new ones Read ahead to.
understand the function of each voucher type The following exercises are sample enteries for. understanding Voucher entry in Tally ERP 9 do not make these entries. 5 1 1 Contra Voucher F4, For example withdrawing money from the bank for petty cash. Contra Voucher, Description Records funds transfer between cash and. bank accounts, Voucher Entry Account Amount Amount. State Bank of India Credit, Bank Accounts, Petty Cash Debit. Cash in hand, Use a Contra Voucher to record the entry.
In Voucher entry mode press F12 Contra Configuration and set the following to Yes. Skip the Date field in Create Mode faster entry, Use Cr Dr instead of To By during entry. Warn on Negative Cash Balance, Show Ledger Current Balances. Show Balances as on Voucher Date, Voucher Entry in Tally ERP 9. Go to the Gateway of Tally Accounting Vouchers F4 Contra. Figure 5 1 Contra Voucher, Press Y or Enter to accept the screen. 5 1 2 Payment Voucher F5, For example a company settles a creditor s bill by cheque.
Payment Voucher, Description Records all bank and cash payments. Voucher Entry Account Amount Amount, Ledger account paid Debit. Kaltronic Ltd, Sundry Creditors, Bank or cash account Credit. State Bank of India, Bank Account, Voucher Entry in Tally ERP 9. Use a Payment Voucher to record the entry, Go to the Gateway of Tally Accounting Vouchers F5 Payment.
Figure 5 2 Payment Voucher, Press Y or Enter to accept the screen. Payment in Single Entry Mode, In Voucher entry mode use F12 Payment Configuration and set Use Single Entry mode for. Pymt Rcpt Contra to Yes, Payment Voucher, Description Records all bank and cash payments. Voucher Entry Account Amount Amount, Ledger account paid Debit. Conveyance, Indirect Expenses, Bank or cash account Credit.
Petty Cash, Bank Account, Voucher Entry in Tally ERP 9. The entry made in the single entry mode appears as shown below. Figure 5 3 Payment Voucher with Single Entry Mode, Press Y or Enter to accept the screen. The advantage of a single entry mode is that you can select multiple debits or credits depending. on the type of entry Similarly the transactions can be recorded in single entry mode even in. Receipt and Contra vouchers, Warn on Negative Cash Balance. Tally ERP 9 displays a warning if the cash balance is NIL when Warn on Negative Cash Balance. is set to Yes in the F12 Payment Configuration For example a cash ledger account has no. balance A payment of Rs 4 500 towards Telephone expenses is to be made In the process of. making the payment Tally ERP 9 displays a warning at the time of accepting the entry. The entry made appears as shown below, Voucher Entry in Tally ERP 9. Figure 5 4 Payment Voucher with Warning on Negative Cash. In addition to the warning Tally ERP 9 also displays the negative balance amount in Red. 5 1 3 Receipt Voucher F6, For example the company receives a bank advice that the interest has been credited to its.
deposit account, Receipt Voucher, Description Records all receipts into bank or cash accounts. Voucher Entry Account Amount Amount, Ledger account receiving Bank Credit. Indirect Incomes, Bank or cash account Debit, Deposit Account. Voucher Entry in Tally ERP 9, Use a Receipt Voucher to record the entry. Ensure in F12 Payment Configuration Use Single Entry mode for Pymt Rcpt Contra is set. Go to the Gateway of Tally Accounting Vouchers F6 Receipt. The entry made appears as shown below, Figure 5 5 Receipt Voucher.
Press Y or Enter to accept the screen, 5 1 4 Journal Voucher F7. For example the company has entered some expenditure on advertising as general office costs. rather than recording the transaction in the separate ledger for advertising. Journal Voucher, Description Records adjustments between ledger accounts. Voucher Entry Account Amount Amount, Advertising Debit. Indirect Expenses, Office Costs Credit, Indirect Expenses. Voucher Entry in Tally ERP 9, Use the Journal Voucher to adjust the two accounts.
Go to the Gateway of Tally Accounting Vouchers F7 Journal. The entry made appears as shown below, Figure 5 6 Journal Voucher. Press Y or Enter to accept the screen, 5 1 5 Sales Voucher F8. For example a company sells software on credit, Sales Voucher. Description Records all sales, Voucher Entry Account Amount Amount. Buyer s ledger account, Milton Co Debit, Sundry Debtors.
Sales Accounts, Local Sales Credit, Voucher Entry in Tally ERP 9. Use a Sales Voucher for making this entry, Go to the Gateway of Tally Accounting Vouchers F8 Sales. The entry made appears as shown below, Figure 5 7 Sales Voucher. Press Y or Enter to accept the screen, 5 1 6 Credit Note Voucher Ctrl F8. This voucher type is made available when the option Use Debit Credit Note to is set to Yes in the. F11 Features F1 Accounting features, For example A customer returns stock that was incorrectly supplied.
Credit Note Voucher, Description Records credit note entry for sales returns or Customer over. Voucher entry Account Amount Amount, Buyer s ledger account. Milton Co Credit, Sundry Debtors, Sales Accounts, Local Sales Debit. Voucher Entry in Tally ERP 9, Use a Credit note to record this entry. Go to the Gateway of Tally Accounting Vouchers F8 Credit Note. The entry made appears as shown below, Figure 5 8 Credit Note Voucher.
Press Y or Enter to accept the screen, 5 1 7 Purchase Voucher F9. A company buys computer parts on credit, Purchase Voucher. Description Records all purchases, Voucher Entry Account Amount Amount. Supplier s ledger account, Beltron Ltd Credit, Sundry Creditor. Purchase Accounts, Local Purchases Debit, Voucher Entry in Tally ERP 9.
Use a Purchase Voucher to record this entry, Go to the Gateway of Tally Accounting Vouchers F9 Purchase. The entry made appears as shown below, Figure 5 9 Purchase Voucher. Press Y or Enter to accept the screen, 5 1 8 Debit Note Voucher Ctrl F9. This voucher type is made available when the option Use Debit Credit Notes is set to Yes in the. F11 Features F1 Accounting Features, For example a company returns damaged goods to a supplier. Debit Note Voucher, Description Records debit note entry for purchase returns or over charging.
by a supplier, Voucher Entry in Tally ERP 9, Voucher Entry Account Amount Amount. Supplier s ledger account, Beltron Ltd Sundry Creditor. Purchase Accounts, Local Purchases Credit, Use a Debit Note to record this entry. Go to the Gateway of Tally Accounting Vouchers F9 Debit Note. The entry made appears as shown below, Figure 5 10 Debit Note Voucher. Press Y or Enter to accept the screen, 5 1 9 Reversing Journal Voucher F10.
Reversing Journals are special journals that are automatically reversed after the date of the. journal They exist only for a day and are effective on the date of the reversing journal This. voucher type is available only if the feature Use Reversing Journals Optional Vouchers is set. to Yes in the F11 Features F1 Accounting Features, Voucher Entry in Tally ERP 9. The entry made for this is as follows, Reversing Journal Voucher. Description Records the voucher entries in a Reversing Journal Register. without affecting the ledger accounts and financial statements. Voucher entry Account Amount Amount, Ledger account Debit. Ledger account Credit, Go to the Gateway of Tally Accounting Vouchers F10 Reversing Journal. Reversing Journals are useful in Scenario Management. 5 1 10 Memo Voucher Ctrl F10, Memo Voucher is a non accounting voucher and the entries made using it will not affect your.
accounts In other words Tally ERP 9 does not post these entries to ledgers but stores them in a. separate Memo Register You can alter and convert a Memo voucher into a regular voucher. when you decide to bring the entry into your books. Memo vouchers are used for the following purposes, 1 Making suspense payments. For example the company gives an employee cash to buy office supplies the exact nature and. cost of which are unknown You could have entered a voucher stating petty cash advance a. voucher to record the actual expenditure details when they are known and another voucher to. record the return of surplus cash However a simpler way is to enter a Memo voucher when the. cash is advanced and then turn it into a Payment voucher for the actual amount spent when. 2 Vouchers not verified at the time of entry, Sometimes it so happens that you do not understand the details of a voucher you are entering In. such cases enter it as a Memo voucher and amend it when you get the details. 3 Items given on approval, Usually entries are made into the books only after a sales transaction is completed Items given. on approval can be tracked by using a Memo voucher It can either be converted into a proper. Sales voucher or be deleted depending on the outcome. Voucher Entry in Tally ERP 9, Memo Voucher, Description Records the voucher entries in a memo register without. affecting the ledger accounts and financial statements. Voucher Entry Account Amount Amount, Ledger account Debit.
Ledger account Credit, 5 1 11 Optional Voucher, This is another non accounting voucher which is available only if the feature Use Reversing. Journals Optional Vouchers is set to Yes in the F11 Features F1 Accounting Features It. differs from the Memo voucher in two respects, It is not a voucher type since all the other voucher types can be marked as Optional during. a voucher entry, You have the option to bring this voucher into your accounts temporarily and see its effect. on financial reports Any voucher type except non accounting voucher can be designated. as an Optional voucher, Optional Voucher, Description Records voucher entries temporarily to help visualise the effect. on reports without affecting the ledgers, Voucher Entry Account Amount Amount.
Ledger account Debit, Ledger account Credit, 5 1 12 Post dated Vouchers. Post dated Vouchers are ignored by Tally ERP 9 until the date in question This is useful for. entering transactions that take place on a regular basis For example if you pay for something by. instalments you can set up the payments in advance and Tally ERP 9 will only enter them in the. ledgers as and when they fall due A voucher is marked as Post dated while creating or altering it. 5 1 13 Creating a New Voucher Type, National Traders wants to record bank and petty cash payments differently and needs two new. voucher types to replace the pre defined Payment voucher Inorder to do this. Create a Bank Payment voucher, Voucher Entry in Tally ERP 9. Go to the Gateway of Tally Accounts Info Voucher Types Create. 1 Name Bank Payment, 2 Type of Voucher Payment Specify the default Tally ERP 9 voucher whose functions the new. voucher should copy, 3 Abbr Bank Pymt Specify the abbreviation to denote this new voucher in reports.
4 Method of Voucher Numbering Automatic, You can choose one of the following methods for numbering from the pop up. Method of Numbering Purpose, Automatic For Tally ERP 9 to do it for you. Manual You do it You can also specify if you wish to prevent. duplicates, None To disable numbering for this voucher type. 5 Use Advance Configuration No, 6 Use EFFECTIVE Dates for Vouchers No. 7 Make Optional as default No This is to set the voucher type as an Optional voucher by. 8 Use Common Narration Yes, 9 Narrations for each entry No.
10 Print after saving Voucher No, 11 Name of Class Skip. The voucher date is taken from the current date mentioned at the. Gateway of Tally ERP 9 However the effective date for the voucher. may be different For example entering a post dated cheque. Tally ERP 9 displays the narration field which applies to the whole. voucher By setting Use Common Narration option to No we can. have separate narration fields for each line on the voucher Reversing. Journals are used for Scenario Management, The Name of Class field enables creation of Voucher Classes for the. respective voucher types The Voucher class is a template to custom. ise voucher data entry, A Bank Payment Voucher Type Creation screen appears as shown below. Lesson 5 Voucher Entry in Tally ERP 9 In accounting terms Warn on Negative Cash Balance Tally ERP 9 displays a warning if the cash balance is NIL when

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