Travelling expenses Entry in Tally

Traveling expenses include the cost of train ticket, bus ticket or air tickets, staying charges in hotels or guest houses, food expenses and conveyance expense etc. incurred by the employees of the business firm while on the tour out of station. In this connection, one point must be kept in mind that tour must be totally for official purpose friend in this video i will show you how to pass TRANSPORT EXPENSES/CHARGES ENTRY IN TALLY FOR GST 1-ITC NOT CLAIM FOR TRANSPORTAION EXPENSES2-RAISE LIABILIT.. Tour and Travels Management in Tally.ERP 9. Today, we will study the case study of how to maintain Tour and Travels Management in Tally.ERP 9 along with practical examples. This is a pure service industry and there is no inventory as such, they have specific billing requirements and have a rebate of 60% to 75% even this is changeable EXCLUDE any expenses of lunch/dinner with guests from branches. (It will go to Staff welfare expenses account ). 20: Travelling Expenses -Foreign: 1 : Expenses related to travel outside India ,including official expenses incurred outside India. 2 : Without BILLS and AUTHORISATION no entry will be made. 20A. Free/Concessional tkts to staff: tally voucher entry expense this video is about tally erp 9 voucher entry expense

Here we are claiming travel expense from the company ABC. In ABC books it should have the below entries. 1. Travel expenses a/c dr Accounts payable a/c cr (being recognizing the expenses) 2) Accounts payable a/c dr Employee reimbursement a/c cr (b.. Best place to learn Accounts, Tax, Excel and Tally. Do the premium course here.. Postage & courier Repair charge Taxi fare Telephone charge Travelling expenses Outstanding expenses Accrued expenses Bad debt Loss on theft Depreciation Coffee Expenses Coke Expenses Manager's Commission UPTT Fuel Expenses A/ To Bank/Cash. Later,we have to close ledger while passing entry. Profit and loss A/c Dr. To Expense. This entry is not to be passed, Transfer to Profit and loss is done. directly by Accounting Software like Tally. Next: Expense Entry Assignment→

From the expense claim the business will post the following reimbursed expenses journal entry. The debit of 200 represents the travel expense in the income statement of the business. The credit establishes a current liability account in the balance sheet representing the amount due to the employee Wages, Salaries, Rent, Travelling Expenses, Commission received, Loss by fire etc. Example of the Golden Rules of Accounting In the below example, we have listed different type of transactions along with the type of accounts and details of debit/credit after applying the accounting rules View Answer. Professional Expenses Dr 15000. To CA Raghav Jain a/c 15000. 3.The company entered into contract with Infotech Pvt Ltd to provide technical service of Rs 250000 on 20 Jan. As per terms, Rs 40000 was paid in advance ON 22 Jan. Maxwell completed its work and sent its bill for technical service of Rs 200000 on 28 Jan and Balance was. Legal Expenses a/c Dr. To Cash/Bank a/c. (Being Legal expenses reimbursed to the Mr.X employee of the company which are met by him on behalf of the company) (Or) Second Choice: At the time of expenses met by him:-. 1) Legal Expenses a/c Dr. To Mr.X a/c. (Being Legal Expenses related to the company paid by the Mr.X which has to be reimburse Example #1 - Basic Expenses. Pass journal entry for following expenses in the books of XYZ limited for the year 2018: Sr No. Expense Description. 1. The bad debt of $ 46000 writes off due to the bankruptcy of debtor Ron Enterprise. 2. Salary @ $3000 for ten employees is still outstanding at the end of the year

In this vouchers i have described how to enter expenses vouchers in tallyFist you have create a ledger for expenses asper gst rules which i mentioned in the. friends in this video i will show you how to pass expenses entry in tally erp 9 6.1 like telephone bill, courier charges and stationery expenses (different. On 31st March 2009, prepaid expense journal entry will be passed as per below for the above expenses. Cr. Insurance premium Rs. 16,667.00. On 1st April,2010, the above entry will be reversed in the books of account by Dr. Insurance premium and crediting Prepaid Expenses with the same amount i.e. Rs. 16,667.00


TRANSPORT EXPENSES transportation charges entry in tally

  1. RELEVANT GROUPS IN TALLY FOR PURCHASE SALE ENTRIES Relevant Groups and Ledgers in Tally for GST Entries Summary of Different Groups If you face any problem in choosing ledger or any problem in Tally, Excel, Accounts or Tax, you can ask us here or learn free at Teachoo.com (Agar apko ledger chunne main koi dikkat ho,ki kaunsa ledger kis head main ayega to aap humse yaha puch sakte hain ,Tally.
  2. Entry to be Made:-Debit:- Conveyance Expenses Account. Credit:- Outstanding Expenses Account. or. Expenses Payable Account. Treatment of Conveyance Expenses Account in final accounts. Conveyance expenses is an indirect expenses, Therefore, it is shown in expenses side of Profit and Loss Account
  3. Let's take an example to learn about passing payment entries in Tally ERP9ExampleSuppose Rs 2000 paid to Airtel by Cheque of ICICI Bank on 1 JulyHereEntry will beAirtel Dr 2000To ICICI Bank 2000Airtel is a Sundry Creditor and ICICI Bank is a Bank AccountHow to Pass EntryAccounting Voucher -> Selec

Tour and Travels Management in Tally

  1. 17 September 2012 if we receive a bill of any expense of say 1 dec 2011 today for payment so how will we show entries in our books of accounts in TALLY as last FY 2011-2012 has already been closed. The main confusion lies in accounting for the same
  2. To enter a journal entry in Tally. ERP 9 follow these simple steps: Step 1. From the gateway of Tally.ERP 9, Go to Accounting Voucher, Gateway of Tally > Accounting Voucher. Step 2. Now hit F7 shortcut key for journal voucher entry or click on F - 7 Journal button on the right side of the screen. Step 3
  3. Open Tally program. Select your Company. In our case, we shall select M/s XYZ Limited. Select ''Accounting Vouchers' under 'Gateway of Tally' Now, the following screen will appear:-Just read the items written on screen with a concentration. Reply of your all question relating to voucher entry is available here

Journal Voucher includes entries of discounts, brokerage, general expenses and expenses related to company i.e. Post and Courier Charges, Stationery, Telephone, Traveling Expenses etc. Whenever there is a discount or promotional offers in Sales or Purchase like Buy One Get One offer, discounts at the time of launch of a product, etc a Voucher. For example, enable Cost Center for Payment ledger - Telephone / Telex / Fax Charges & Travelling Expenses. Go to Gateway of Tally > Alter > Ledgers > Type the name of the Ledger i.e. elephone/Telex/Fax Charges as below : 357. 3. Cost Centres Allocation in Voucher Entry in TallyPrime. Enter the payment Voucher as per exampl

Personal Expenses Bookkeeping Entries Explained. The personal travel expenses are debited to a temporary drawings account which reduces the owners equity. It is not an expense of the business. The owner has used a supplier account to pay for the personal travel expenses. The amount is due to the supplier and creates a liability recorded under. Travelling expenses Outstanding expenses Accrued expenses Bad debt Loss on theft depriciation Coffee Expenses Coke Expenses Manager's Commission UPTT Prepaid Maintenance Expense Already Created in Tally Indirect Income Indirect Expenses Bank Account Deposit Account Capital A/c Current Assets. Prepaid Expense Prepaid Ren EXPENSES _____ APPROVED DATE NUMBER SUPERSEDES PAGE 1 OF 10/5/2016 COA Operating Expenses 1 NEW 70 PAGES 1. PURPOSE: To establish definitions for the Operating Expense section of the City University of New York Board of Trustees Travel 52103 Out-of-Town Travel PSC 52201 - 52205 Out of Town Travel Non-PSC 52251 - 52257 Other Travel Related. The same is paid in cash next year on January 10th 2020. Show all financial recordings including the journal entry for outstanding expenses on these dates; December 31st 2019 (Same day) January 10th 2020 (When it is actually paid) 1. December 31st 2019 - (Overdue expense recorded as outstanding) Rent Account. 1,00,000

For eg., Fin. Year: 19-20 &f Audit Fees Rs.5000- 1) Payment made in 31/03/2020 Entry:1 Payment Entry Date: 31/03/2020 Dr. Audit Fees (Group: Expenses Indirect) Dr.5000.00 Cr. Cash / Bank Cr.5000.00 2) Payment made in 05/04/2020 Entry: 1 Journal En.. To record all the prepaid expenses are is very important. If you have added it in normal expense in the end, you have to pass adjustment entry for deducting this from normal expense because this expense will be of next year not this year. Now, we are telling you the main journal entries of prepaid expenses. 1. When you paid the expense in advance 6. Cash Entry or Indirect Expenses [In Tally Press F5 [Payment]] Dr. Salary Expenses [ Sub Account is Indirect expenses] Dr. Accounting Fees Dr. Traveling Expenses Dr. Stationary & Printing Expenses Dr.Shop Rent Expenses Dr.Electricity Expenses Dr.Petrol Expenses Dr. Godown Rent Expenses Dr.Telephone & Mobile Recharge & Mobile Bill Expenses The Free Our Patriots Rally in Tally will be held this Saturday, July 10, and is hosted by Luis Miguel, a far-right Republican candidate looking to primary Sen. Marco Rubio. Folks, The. Award-winning, real-time integrations. Sync efficiently and accurately with accounting and bill pay systems—no manual work required. We chose Tallie as a key App Center partner for its innovative approach to the expense report nightmare, deep partner integration, and dedication to the best customer experience.

Journal entry in Tally.ERP 9 is one of the simplest things which one can do without any serious efforts if the person knows a little bit of basic rules of accounting Though most of the people feeling unnecessary confusion in Journal Entry itself. That is because of lack of knowledge of accounting rules and lack of a guidance from a professional and experienced mento Mr. Kumar spends Rs. 1000 on Travelling expenses for the Manipur project. The advantage of using a journal voucher for these entries is that along with maintaining travel expenses related to the Project in Manipur. We can also keep track of expenses by the employee ( using against Reference ) Accounting Package - Tally Page 1 of 90 Basic concept of accounting Accounting : It is an art of recording, classifying and summarizing in significant manner and in terms of money, transactions and events which are of financial character and interpreting the results thereof


Go to Gateway of Tally. Step 2. Then Press Ctrl+Alt+T button. Step 3. Now Press F4 Button or Click on Manage Local TDL button. Step 4. Now do Yes to Loan TDL Files on Startup option. Step 5. Now in the next line List of TDL Files to preload on Startup Enter the TDL File Path or Location Like E:File.tdl Travel expenses are costs associated with traveling for the purpose of conducting business-related activities. Reasonable travel expenses can generally be deducted by the business when employees. Trail Balance: It is a statement of all the ledger account balances prepared at the end of particular period to verify the accuracy of the entries made in books of accounts. Profit: Excess of credit side over debit side PAYMENT ( F5) -Accounting Voucher in Tally.ERP 9: Payment voucher is used to account all the payments made by the company by way of Cash/Bank.. Payment voucher can be passed using Single Entry or Double Entry mode by configuring the setting Use Single Entry mode for Pymt/Rcpt/Contra in F12 configuration. Gateway of Tally.ERP 9 > Accounting Vouchers > F5 : Payment displays the Payment Voucher

Tally ERP 9 : Meaning Of Accounts Group. These are the expenses which are directly related to manufacturing of goods. These are the expenses which are indirectly related to manufacturing of goods. Depreciation: Decrease the value of the asset. Sundry Debtors: The person who is the receiver or customer Path: Gateway of Tally -> Accounting voucher -> Press F12 Configure . Use single entry mode for pymt/Rcpt/contra: Yes . Example for Single Entry . Wages A/c Dr . To Bank Example for Double Entry . Give expenses/vendors to the debit and credit the bank or cash account in Tally.ERP9. Telephone Charges A/c Dr . Travelling Expenses A/c Dr . Courier. Ex. Salary, Rent, Wages, Stationery etc. Principles: Debit all expense/losses Credit all income/ gains Tally is a complete business solution for any kind of Business Enterprise. It is a full fledged accounting software. Traveling expenses Indirect expenses. Advertisement Indirect expenses On 1-4-2006. Pass the Journal Entry for the. Path: Gateway of Tally -> Accounting Vouchers -> F5 Payment . Telephone Expense A/c Debit . Bank A/c Credit . Printing and Stationery A/c Debit . Bank A/c Credit . Travelling Expenses A/c Debit . Bank A/c Credit . Displaying Budgets and Variance for groups and ledgers . Path: Gateway of Tally -> Display -> Trail Balance . Click on Indirect Expenses Journal entries : A daily record of transaction. Ex. Salary, Rent, Wages, Stationery etc. Principles: Debit all expense/losses Credit all income/ gains Tally is a complete business solution for any kind of Business Enterprise. It is a full fledged accounting software. Traveling expenses Indirect expenses. Advertisement Indirect expenses

Prepaid Expenses Example. We will look at two examples of prepaid expenses: Example #1. Company A signs a one-year lease on a warehouse for $10,000 a month. The landlord requires that Company A pays the annual amount ($120,000) upfront at the beginning of the year. The initial journal entry Rent Expenses Entry In Tally ERP.9 With VAT. Scenario: VIDYA T V Office rent expenses paid to Shivani Real Estate LLC AED 12000/- with 5% VAT dated 01-01-2018, for the period of 01-01-2018 to 31-12-2018. Office Rent : 12000. 5% Vat : 600

Tally: Record the following transactions in the books of M/s Albert & Brothers. 1. Albert starts business with Rs. 50,000. 2. He opens a SBI saving bank account and deposits Rs. 20,000. 3 What is the journal entry for advance payment? If they will be earned within one year, they should be listed as a current liability. When a company receives money in advance of earning it, the accounting entry is a debit to the asset Cash for the amount received and a credit to the liability account such as Customer Advances or Unearned Revenues journal entries in tally erp 9 with examples. 01/01/2021. Now entry of accrued income or interest in tally. On 31 st march 2016 company will have earned one month interest 500000 x 8.5%/12 x 1month =3542. Pre- paid expenses are expenses paid in advance, the expense of which is said to accrue over the months or e Periods or even more than one. Account Groups in tally prime can be sub-classified to an unlimited level to give a virtual accounting tree. The lowest level would be the Ledger Account. Tally prime passes Voucher entries using ledgers. You can create the required chart of accounts. The Ledger accounts are grouped under the required Groups at the time of creating the chart of.

Voucher Entry in Tally.ERP 9 95 The entry made for this, is as follows: Go to the Gateway of Tally > Accounting Vouchers > F10: Reversing Journal. 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 Jan-6 Received from travelling sales man Rs. 1400 for goods sold by him after deducting his travelling expenses Rs. 50. 50. Jan-7 Mr. S declared his insolvent and dividend of 50 Paise in the Rupees is received from him in the full settlement of his account


  1. Tally stores all information about each account in detail. It is very secured against data tempering. It reduces the work. In manual process, after entering daily transaction user has to create trading account, trial balance, profit & loss account, ledger, balance sheet. But in Tally, user just enters daily entry and get balance sheet. 2
  2. In Tally.ERP 9, each pay head is to be created as an individual ledger account and grouped under its respective group i.e., all Earnings pay heads under Indirect Expenses group or Direct Expenses group and all Deductions pay heads under Current Liabilities, Current Assets and Duties & Taxes group
  3. Tally Full Course with GST Chapter 11 - 20 chapter 41 -50 Chapter 51 - 60 Chapter 1-10 Chapter 61 - 70 Chapter 31 - 40 Tally ERP9 Shortcuts Part 3 how to import bank statement excel to tally Tally ERP9 shortcuts Part 2 Tally ERP9 Shortcuts Part 1 What is Accounting in Hindi tally course with gst Download & Install Tally what is tally erp9 How.
  4. Record the interest expense. and the travelling expenses is debited! the easiest part of a journal entry in Tally.ERP 9, is that once you are familiar with a debit and a credit ledger head, you don't need to worry more
  5. List of Ledger Accounts & Groups in Tally with Examples I have sorted the list alphabetically for your ease. Bank Accounts-Generally contains ledgers of bank accounts including current as well as savings accounts. List of Bank Accounts in Tally State Bank of India HDFC Bank Bank of Baroda and so on. Bank OCC A/c-It is a Bank Open Cash Credit Account which is normally used for getting cash.
How to charge Freight, Transportation, Packing or anyJournal Entry in Tally | Debits And Credits | Accounting

gst tally entries, tally for gst, Manufacturing Under GST with Tally, Production of Goods in Tally, MANUFACTURING OR PRODUCTION ENTRY IN TALLY, Manufacturing in, TDS accounting Entries, TDS Rerurn filing, GST and TDS entries, GST in Tally ERP 9, GST in Tally.erp9, expense entry under RCM, Sale entry in tally, Purchase entry in tally, Sale entry. Voucher - displays its entries and narration, At a 2000 for goods sold by him, travelling Thank you for the post. features are available like whether company wants invoicing or not, whether right hand side of the screen, this part shows the list of all companies and at following screen in gateway of tally: Configuration Following 9500. 2 Indirect Expenses Group in Tally Prime दोस्तो, आज हम बात करेंगे Indirect Expenses के बारे में:- Indirect Expenses बारे में हम पिछले ब्लाॅग Direct and Indirect Expenses मे समझ चुके हैं You will learn how to create Intra State Sale Entry with GST in Tally Prime in Hindi GST accounting entries in tally prime in Hindi Step by Step दोस्तो आपको ये विडियो पसंद आया हो तो कृपया लाइक करे अगर आप हमसे कुछ कहना या पूछना चाहते है तो.

Tally Practical Question | Debits And Credits | Expense

What would be the journal entry for claiming travel

Traveling expenses Advertisement Bad debts Repair renewals Motor expenses: इस प्रकार आप journal entry का tally erp 9 practice का practice करें फिर आप इसे tally erp 9 / tally prime में जा कर voucher entry कर सकते है

Dual Entry Mode Ko Tally Me Active Karne Ke Liye Aapko Payment Voucher Open Karna Hai Aur Niche Right Side Me Configuration(F12) Par Click Karna Hai, Ya Toh Aap Apne Keyboard Se F12 Button Press Kare, Uske Baad Ek Menu Open Hogi Jaha Aapko Use Cr/Dr instead Of To/By during entry Is Option Ko Yes Karke Save Kar Lena Hai 4 Double Entry System. 4.1 Meaning of Double Entry System in Accounting. 5 Debits and Credits. 5.1 Debit and Credits in Double Entry Accounting System. 6 Real World Example of Double Entry. 7 Types of Account. 8 Accounting rules. 9 Tally ledger list. 9.1 टैली में उपयोग होने वाले लेजर लिस्ट Ledger. Ledger account is a summary statement of all the transactions relating to a person, asset, liability, expense or income. the transactions recorded in the journal, the ledger account is prepared. It is a book which contains all sets of accounts, namely, personal, real and nominal accounts. Account balance can be determined from the ledger

How to pass Expense Entries - Expense Entrie

Tally ledger under group list. 1. Tally Ledger under Group list Tally Optimization, TallyErp9 ledgers creation under proper group of accounts is main part of Tally ERP 9 implementation. In every implementation of Group wise Tally ledger list prepared first which affects Trading a/c, Profit and loss a/c and Balance sheet (Or) Double-click on the Tally.ERP 9 on the desktop. 11 TALLY ERP 9 NOTES AND PRACTICE BOOK By Aasim Mushtaq (aasim8uos@gmail.com) BUILDING FIXED ASSET 6,00,000 Discount Allowed A/c Commission Allowed A/c Indirect expenses Indirect expenses 1800 300 Cash cash Salary A/c Indirect expenses 500 Cheque Travelling Expenses Indirect expenses 900. TripActions Liquid improves productivity by eliminating the hassles of expense mangement. Manage & track spend in one easy place. TripActions Liquid streamlines business spendin

How to pass the entry In tally ERP9 below mention the Details. Project (Sales)Value 5,58,000,Vat 14.5% on value 85% only i.e(4,74,300) 474300+68773.5=543074 5% Retention amount how to pass the entry in tally please Explain i Format of travel expenses report can be made on following basis. 1. Simple Travel Expenses Report Format. In this format. All expenses are shown in one and first column. Now, there are rows of each day. Total cost will add in each day for different expenses. Following is its format. These travel expenses may be also In this case, the you will pass an entry n memorandum voucher showing that Rs. 3000 has been given to the employee as travelling expenses. Then after the employee comes back you will come to know about the exact amount and then go to Display -> Day book -> select the voucher entry previously made -> Make necessary changes -> Press F5 for. 4. Voucher Entry: A Voucher is an accounting document. This option is further divided into Travelling expenses Depreciation on assets Sundry creditors Sundry creditors (suppliers) Tally ERP9 is pre-programmed with variety of accounting vouchers, eac

Reimbursed Employee Expenses Journal Double Entry

The Expense Report Accounting Entries page is a very helpful tool that provides a link between Expense Report accounting entries and the GL Journals on which they are recorded.After expense reports have been paid and posted, users may wish to review the related accounting entries. As transactions run through the nightly Post Liabilities and Post Payment batch process, accounting entries are. How to do petty cash exp entries in tally erp 9 Use the Payment Voucher F5 in tally erp 9, Debit the stationery account and credit the petty cash a/c. Expense a/c Dr (charged to p&l a/c) To Provision for exp's (shown it in B/S) On Payment of those exp's, the following Journal entry will need to be passed ledger under group list in hindi, Ledgers are very Important part for Journal Entries in Tally. Here we provide list of common ledgers created for Profit and Loss Account, Balance Sheet and For trading account. Leader creation is very important part for Proper Journal entries in Tally ERP9. Recently we already provided Tally ERP 9 Useful. a) Travelling Expenses under Indirect Expenses. b) Set Yes to 'Cost Centres are applicable' press Enter to accept the screen. Step 7: To allocate expenses incurred on each employee for traveling pass a payment voucher as shown below. a) Go to Gateway of Tally > Voucher > F5 Payment. Step 8: View the Profit and Loss Account to know the.

Golden Rules of Accounting - Debit and Credit Tally

8 CAT 5 Cable (Consumable Item) As Required 9 RJ 45 Connector (Consumable Item) As Required 10 LCD/LED Projector 01 11 AC 1.5 Ton 02 12 Pen Drive 8GB 04 Software Sl No Name of Tool/ Equipment Quantity (nos) 1 Node OS Windows 7 or Higher 20 2 Tally ERP 9 or Higher Multiuser 01 3 Antivirus 21 Purchase. Select the GST ledgers. Most often it is shown outside the trial balance. 1/04/2019. 1600.00. (iii) Expenses are to be apportioned among the different sections in an appropriate manner and, consequently, the same will be adjusted in Profit and Loss Account. In short, while preparing final accounts, special attention must be made for adjustments entries relating meals, accommodation etc. of the staff as well as the propriety Life Cover from day 1 is 57,50,000/-*. (1). Non-Linked, Participating ,Life Insurance Plan. HDFC Life Sanchay Par Advantage is a Non-linked, Participating, Life Insurance Plan. You know the benefits that you will receive right from the day you purchase the plan. The entire benefits you will receive for the Whole Policy Term. (2). Tax-Free Income

Cost Center and Cost Category in TallyHow to Calculate Freight Charges

Expense Entry Assignment - Expense Entrie

Expense Account - The expenses that the company has to incur for the running of the business. Examples of these are the cost of goods, salary expense, rent paid, electricity and water bill, etc. There are also 3 major concepts of double-entry bookkeeping Tally.ERP 9 classifies debtors, creditors and branch/divisions for convenience. This helps you in the process of keeping the accounts of a particular group together during display and analysis. Thus you can pass both sales and purchase entries for a party account placed under Sundry Debtors Expense related to Registration of a Company is treated as preliminary expense,License fee and Licence renewal yearly is a Indirect expense but the payment is for1 year, so shown in prepymnt and amortize it monthly. Upvote (2) Downvote (0) Reply (0) Answer added by NADEEM AHMAD KHAN, General Accountant , DNMK Group 3. paid for Travelling Expenses Rs. 2000 4. paid to Krishna Mohan A/c of Rs. 12000 5. Paid To Mehatha G/s of Rs. 7500 and Cash Discount Rs. 250 6. Paid to Siva Mohan Agency of Rs. 25000 by SBI Bank. Additional Ledgers to be needed: 1. Room Rent A/c, Stationary A/c, Travelling Expenses A/c (under Indirect Expeses) Ledgers to be Needed 1

Journal entry for the expense reimbursement [Resolved

In this option, first Tally ask to enter name of the group. Then enter the list of all accounts of that group with the opening balance. For example stationery a/c, salary a/c, travelling a/c all falls under the group 'Indirect Expenses' The report analyzed the break up expenses and the closing balance. Similarly, the grand total also gives us the actual profit after deducting the expenses incurred by Mr. Rahul Kumar. If you are using Tally.ERP 9, along with Business Intelligence (BI) tools like Easy Reports, you can easily fetch information and prepare reports without any hassle

Expense Journal Entries How to Pass Journal Entries for

Tally ERP is an accounting software used to record the financial transactions and events. This is a multi function software which includes inventory management, accounting, payroll preparations, cost centre management, multiple Godowns management, multiple currency function etc. It is simple accounting software which is user friendly and can be. Travel Agency accounting is recognized as an information system that is designed to communicate the right information to the internal as well as external users. Accounting involves recording, classification and summarizing the accounting information directed toward the determination of financial strength and weakness of a travel agency Tally Tutorial - Payment Vouchers Transaction Examples 1. Paid for Room Rent Rs. 9000. 2. Paid for Stationary of Rs. 1500 3. paid for Travelling Expenses Rs. 2000 4. paid to Krishna Mohan A/c of Rs. 12000 5. Paid To Mehatha G/s of Rs. 7500 and Cash Discount Rs. 250 6. Paid to Siva Mohan Agency of Rs. 25000 by SBI Bank. Additional Ledgers. JOURNAL ENTRY IN TALLY FOR PRACTICING. Sr. no. Journalize the following transactions: 1. Mr. K. Sen paid cash to the business as his capital. 2. Sold goods to Roy & Sons for Cash. 3. Purchased goods on credit from Lalani & Co

T he Remuneration of Directors is high as their responsibilities are huge. When the company paid salary, fees or remuneration to a Director, then following Journal Entry is recorded in the book of company's business as shown below: Director Salary a/c / Director's Remuneration a/c / Director Fees a/c XXX. Cash a/c / Bank a/c XXX 5 - Sales made for cash 600,000 and on credit 800,000. Q1. Home / how are can Bank charges entry in marg with gst | expenses entry in marg live | expenses entry in marg / how are can Bank charges entry in marg with gst | expenses entry in marg live | expenses entry in marg. Tally provides outstanding features that make inventory management a lot easy. Including Cloud Tally. Hence We should. Rent Expenses Entry In Tally ERP.9 With VAT. Scenario: VIDYA T V Office rent expenses paid to Shivani Real Estate LLC AED 12000/- with 5% VAT dated 01-01-2018, for the per..