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.
press alt+del
go to tally open vocher press f7 and make sale and purchase entry
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
how to narration copy and paste
[Debit] Cash / bank [Credit] Capital account
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journal entryFixed assets a/c ...dr ..... 100000To Cash / Bank a/c .... cr. 100000
To pass a consumption entry in Tally, first, go to the Gateway of Tally and select 'Accounting Vouchers.' Choose the 'Journal' voucher type for non-cash transactions or 'Payment' for cash transactions. Enter the relevant details such as the date, debit the expense account (e.g., Consumption Account) and credit the inventory account (the item being consumed). Finally, review the entry for accuracy and save it.
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.
open Tally Then Create company and accept and create some ledger on clikcing gateway then Open your Record book which have questions and Eneter Example: Rajesh Started Business worth rs 30000 Rajesh is a capital account Click on Journal from right pane and enter details of entries and Narration THATS IT.. Visit my Webpage to Know How GOD Loves us www.jesuschristiscomingsoon.weebly.com/index.html
To pass a cheque bounce entry in Tally, first, go to the "Accounting Vouchers" screen. Select the "Debit Note" option to record the bounced cheque, and choose the bank account from which the cheque was issued. Enter the amount of the bounced cheque and select the corresponding customer or vendor ledger. Finally, provide a narration for clarity and save the entry to complete the process.