Tally 9 is pre-programmed with a selection of accounting vouchers. Petty cash expenses is not one of the selections but these vouchers can be altered or new ones can be created.
You can do this through Excel. Just put in the petty cash information how it is and the button will help take care of the rest.
debit bankcredit cash
[Debit] Cash / bank [Credit] Capital account
journal entryFixed assets a/c ...dr ..... 100000To Cash / Bank a/c .... cr. 100000
Travel Advance Dr Cash Cr Travel Exp Dr Travel Advance Cr
You can do this through Excel. Just put in the petty cash information how it is and the button will help take care of the rest.
All exp. A/c Dr. To petty cash A/c
press alt+del
go to tally open vocher press f7 and make sale and purchase entry
yes if it is of due basis not in cash basis
Tally is a financial accounting with inventory and account only. The journal entry allows for notations, explanations and adjustments. This can be done through a narrative attached to the worksheet.
yes,without the knowledge of journal entries one cannot pass journal entry in tally tally focuses on accounting principles(real a/c,personal a/c,nominal a/c) from the beginning of journal entries to the final stage,i.e.,preparation of profit and loss account and balance sheet in an easy manner so that even a lay man can grasp the subject easily.
debit bankcredit cash
[Debit] Cash / bank [Credit] Capital account
W
create bank charges ledger under expenses....n make a entry.
Data entry for expenses is done in Tally on 31st March, 2009. Then why I should do the provisions for the same expenses for year eding adjustments.