TallyPrime Accounting Vouchers

In the world of accounting, not all transactions involve external parties like customers or suppliers. Some transactions happen within the business itself, such as transferring money from one bank account to another or depositing cash into the bank. These internal cash/bank transactions are recorded using the Contra Voucher in TallyPrime. As per the Accounting Principles, Contra entry means those entries which are affects both cash and bank accounts or related to cash, bank, petty cash is called is contra entry. Cash a/c to Bank a/c // Deposit Bank a/c to Bank a/c. // Transfer Bank a/c to Cash a/c. // Withdraw Cash a/c to Petty Cash a/c. // // Transfer   Contra Voucher – Click on Voucher Select Contra Voucher select your entry mode by pressing Ctrl + h Cash Deposit in bank See Reports Balance Sheet  Report   After voucher making see it’s affect   State Bank of India Profit and Loss Reports     Assignment No 1 Record the following Contra Voucher Transactions 1. Opening cash 2,20,000.00 Contra (Cash Deposit) Transaction [F4] 01-04-2022 Deposit cash of Rs 1,00,000 in AXIS Bank. 01-04-2022 Deposit Cash in ICICI Bank of Rs.20,000 01-04-2022 Deposit Cash in ICICI Bank of Rs.25,000 Contra (Cash Withdrawal) Transaction [F4) 01-04-2022 Withdrawal of Cash of Rs.10,000 from ICICI Bank vide Cheque No. 01-04-2022 Withdraw Cash of Rs.20,000 from ICICI Bank Vide Cheque No.666006 01-04-2022 Withdraw Cash of Rs.5,000 from AXIS Bank Ltd. 01-04-2022 Withdraw of Cash of Rs.8,000 from ICICI Bank Vide Cheque No.666005 Contra (Fund Transfer) Transaction [F4] 1-04-2020 Transfer Rs.25,000 from Cash to Petty Cash. 2-04-2020 State Bank of India is transferred to ICICI Bank of Rs.5,000 (F4:Contra) 1-05-2020 Amount Collected Axis Bank ltd. transferred to ICICI Bank of Rs.10,000 2-05-2020 Transfer Rs.5,000 from Cash to Petty Cash

One of the most frequently used vouchers in accounting is the Payment Voucher. In TallyPrime, this voucher is used to record any kind of outflow of money—whether it’s a cash payment, bank transfer, cheque, or UPI transaction. Payment voucher is used to account all the payments made by the company by way of Cash / Bank. It is also used for the payment of fixed assets, purchases, dues to creditors, loans and advances given etc.   Common Examples: Paying rent Paying electricity or phone bills Repayment of loans Supplier payments Salary payments GST or tax payments   Payment voucher can be passed using Single Entry or Double Mode. Press CTRL + H to Change Voucher Mode Gateway of Tally >> Voucher >> Payment (F5)   Here you can select your entry mode just press ctrl + h and select you party name Payment Receipt against sales   Entry mode in payment voucher bill wise entry / select here method of adjustment entry select your bill reference bill details – ref 001 amount received 4300.   after voucher making see reports Balance Sheet report   Current Assets   Bank Accounts   State bank of India   See Profit and Loss     Assignment No 01 1. PAID RS 4000 FOR TELEPHONE CHARGES BY CASH 2. PAID RS. 50,000 FOR RENT EXPENSES BUY CHEQUE BANK OF BADODA 3. PAID RS 2300 FOR PETROL EXPENSES BY CASH 4. PAID RS 18000 FOR RENT EXPENSES BY CASH 5. PAID RS. 1900 FOR SALARY BY CHEQUE OF STATE BANK OF INDIA 8. PAID RS 45,000 FOR ADVERTISING CHARGES 7. PAD RS 9,000 FOR PROFESSIONAL FEE BY CHEQUE (BANK OF BADODA) 8.PAID STATE BANK LOAN EMI BY BANK OF BADODA 9. PAID RS 15000 FOR WAGES 10. PAD RS 50,000 FOR TRANSPORT CHARGE 11. PAID 20000 FOR BUILDING PREPARING CHARGES 12. PAID RS 3300 FOR LIGHT BILL 13. PAID RS 8000D FOR BANNER ADVERTISING 14. PAID RS. 45900 FOR STAFF SALARY 15. PAID RS. 150,000 FOR COAL AND FUEL EXPENSE 16. PAID 9000 FOR OFFICE EXPERIENCE BY CASH 17. PAID RS 9000 FOR POOLING TEAM EXPERIENCE 18. PAID RS 6000 FOR   TRAVELING EXPENSE BY CASH 19. PAD RS 4000 FOR STATIONARY MATERIAL 20. PAID RS 2000 FOR ADVERTISEMENT EXPENSES BY CHEQUE BANK OF MAHARASHTRA 21. PAID RS 2000 FOR ROYALTY BY CHEQUE BANK OF MAHARASHTR

In every business, receiving money—whether from customers, banks, or other sources—is a routine activity. In TallyPrime, such incoming transactions are recorded using a Receipt Voucher. Whether it’s a cash receipt, bank a Receipt Voucher helps you track all money inflows systematically. Receipts are an official record that represents proof of a financial transaction or purchase. Receipts are also important for tax purposes as proof of certain expenses.   Select Receipt Voucher   Here you can select you voucher mode – Ctrl + h Select Party Name Bill wise details – select method of adjustment Details   select ledger Select method of receipt – cash / bank   See Reports Balance Sheet Reports Current Assets Bank Accounts State bank of India Months Receipt Details   Vouchers –   Debtor Accounts outstanding balance reduced Closing stock as it is Stock group     Assignment 1. RECEIVED CASH RS 2,50,000 FROM MR. SANJEEV MITTAL AND SONS TOWARDS 2. INTEREST RECEIVED FROM RAHUL MITTAL 3 COMMISSION RECEIVED CASH FROM SACHIN WAGHELA RS 10,000 4 RENT RECEIVED RS, 56000 FROM ANURADHA PATIL 5. COMMITION RECEIVED FROM SHEETAL STEEL PVT LTD 6 COMMISSION RECEIVED RS, 50,000 BY CASH 7. CASH BORROWED FROM  BAJAJ FINANCE RS. 70,000 8. RECEIVED CASH FROM SHWETA REWADIYA PVT LTD RS 40,000 9. RENT RECEIVED CASH FROM ADARSH & COMPUTERS RS. 30,000 10. RENT RECEIVED RS. 30,000 FORM KISHOR SINGH TOMAR PVT LTD 11. RENT CASH RECEIVED RS, 12000 FROM SUNIL  12. INTEREST RECEIVED CASH FROM SATAM PVT LTD RS. 25,000 13 RECEIVED RS. 1200 AS A RENT FROM GUPTA JI PVT LTD 14. INTEREST CASH RECEIVED RS. 2000 FROM SHANI PVT LTD 15 CASH BORROWED  FROM BASANTU PVT LTD 16. RECEIVED CASH RS. 1200 FROM RAGIN 17. RENT RECEIVED RS. 70,000 FROM RENT 18. CASH RECEIVED RS. 12000 FROM SURAJ PVT LTD 19. RECEIVED CASH FROM SHAMBHU PVT LTD 20. CASH RECEIVED RS. 12500 FROM A TO Z COMPUTER

Sales vouchers In Tally Prime are used when the company sells goods or services to customers. When a sales transaction is made, a document detailing the transaction (item name, qty, rate, tax, etc.) has to be given to the buyer or debtor as proof of purchase by him. This document is called “Invoice” or “Bill” or “Cash Memo”.   Gateway Of Tally >> Vouchers >> Sales (F8)   Voucher Mode : In Tally Prime, there are 3 modes for creating a Purchase Voucher. Each mode used for a specific purpose and can be chosen based on the scenario or nature of the purchase. CTRL+[H] This button is a toggle for Invoice and Voucher modes. 3 Modes.   1. Item Invoice Mode: This mode is used when you want to record a purchase that involves inventory items. It allows you to select inventory items and record their quantities, rates, and other related information. 2. Accounting Invoice Mode: This mode is used when you need to record a purchase without inventory. This could be used for service purchases or other non-inventory related transactions. 3. As Voucher Mode : In this mode voucher is created as an accounting entry without affecting inventory quantities or values.   Sales Voucher with Stock Item Create required ledger – Customer Name Ledger Create Sales A/c Ledger Click on Voucher Select Sales Voucher – F8   Fill Item Details After filling the item details Second item details Sales voucher will be like something this   See Reports (Balance Sheet) Balance Sheet Report Current Assets Closing Stock Stock Group Sundry Debtor Report – Receivable Party Name Date Reference – Sale Date / Month Sales Voucher See this one   Assignment No 1 | Item Invoice   Assignment No 2 | Item Invoice   Assignment No 3 | Item Invoice   Assignment No 4 | Item Invoice   Assignment No 5 | Item Invoice   Assignment No 6 | Item Invoice   Assignment No 7 | Item Invoice   Assignment No 8 | Item Invoice   Assignment No 9 | Item Invoice   Assignment No 10 | Item Invoice  

Purchase vouchers In Tally Prime are used when the company purchased some goods or services from suppliers. Purchase entries can be made in the Voucher as well as Invoice Formats. The advantage of using the invoice format for purchase entry is that it allows automatic calculations of taxes. (ledger accounts classified under the group ‘Duties & Taxes’).   Voucher Mode in Purchase Voucher: In Tally Prime, there are 3 modes for creating a Purchase Voucher. Each mode used for a specific purpose and can be chosen based on the scenario or nature of the purchase. Press CTRL+[H] to Change the Voucher Modes.   Item Invoice Mode: This mode is used when you want to record a purchase that involves inventory items. It allows you to select inventory items and record their quantities, rates, and other related information. Accounting Invoice Mode: This mode is used when you need to record a purchase without inventory. This could be used for service purchases or other non-inventory related transactions. As Voucher Mode : In this mode voucher is created as an accounting entry without affecting inventory quantities or values.     Gateway Of Tally >> Vouchers > Purchase (F9)           Purchase with Stock Item Step 1- Click on Create Create Required Ledger for Make Voucher Entry like Party Name, Purchase or Other If Already done that’s great – for create new click on ledger Enter your your ledger information like name, under group and related info   Now Create inventory master like stock group, category, unit, item name, godown for arrange in a systematic way. Create Stock group click on group after click on create its visible only if enable inventory features in your company. Enter here you stock group name and other info Create stock Category Enter here your item category name Create item measurement unit Create Stock Godown Enter here godown name and info Now Create Stock Item And with stock group , category and unit also used (Group) Add category Add stock unit now item is ready to save Another stock item with another category stock item create Before purchase our balance Sheet (Closing Stock 6700.00)   Select voucher mode as item invoice Purchase voucher with all information filled Fill other information like rate, qty, godown, etc now accept voucher and save transaction   now see reports after making purchase voucher (Balance Sheet) See reports   See liability report   See reports Stock summary Stock group wise   Stock item       Assignment No 1 : Item Invoice   Assignment No 2 Item Invoice   Assignment No 3 Item Invoice   Assignment No 4 Item Invoice   Assignment No 5 Accounting Invoice