Ah, the refilling of a fire extinguisher in accounting tally is like adding a touch of titanium white to a beautiful landscape painting. Simply record the expense of refilling the fire extinguisher as a maintenance cost in your accounting tally sheet. Remember, every little detail adds to the big picture of keeping your workplace safe and serene.
after creating account gateway of tally Accounting Vouchers pass the entry.
indiret a/c .....dr To tds a/c .....cr
what is the difference between manual accounting and tally accounting?
Advertising exps a/c DR To Purchases a/c
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.
If it is contra entry :Go to ACCOUNTING VOUCHER in tally 9 , after that mouse left click on CONTRA box on your left side or press F4, and then select BANK under Accounts , and select CASH under PERTICULARS.
It tallies because our accounting is based on double entry book keeping. So debit and credit side are always equal.
Tally is an accounting software
uses of accounting package
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.
accounting info
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.