Tag: TallyERP9

  • How to create a contra entry on Tally

    Contra Entry A contra entry is a type of accounting transaction that involves two opposite entries in the same account. Contra entries are used to cancel out or offset the effect of a previous transaction. For example, if a company receives payment for goods or services that were previously sold on credit, the payment would […]

  • How to create a journal voucher on Tally

    Journal Voucher A journal voucher is a document used to record a financial transaction in a company’s general ledger. It typically includes information about the transaction, such as the date of the transaction, the accounts that were affected, and the amounts involved. Journal vouchers are used to record transactions that cannot be recorded directly in […]

  • How to retrieve Trial Balance on Tally

    Trial Balance A trial balance is a financial statement that lists all of the accounts in a company’s general ledger and their balances at a specific point in time. The purpose of a trial balance is to ensure that the total of all debits equals the total of all credits, indicating that the company’s books […]

  • How to create a receipt voucher on Tally

    Receipt Voucher A receipt voucher is a document that confirms that a payment has been received. It typically includes the name of the payer, the amount of the payment, the date the payment was received, and the purpose of the payment. A receipt voucher may also include the name of the person or organization that […]