How to Pass Receipt Entries in Tally

Let's take an example to learn about passing receipt entries in Tally ERP9

Example 

Suppose Rs 10000 Cash received from RK Trading Company (a Sundry Debtor) on 1 June

Entry will be

Cash Dr   10000

     To RK Trading Company 10000

This is a Receipt Voucher Entry in Tally as Cash is Debited

How to Pass Entry

Accounting Voucher -> Select Date -> Select Type of Entry -> Select Receipt Voucher

SUMMARY

We know that Receipt Entry is of form

Cash/Bank Dr

        To Party

Or

Cash/Bank Dr

     To Income

Relevant Groups while Creating Ledger

(Bank is created under Group Bank Account,

Party is normally under Sundry Debtor from whom we are receiving money)

(Income is under Direct Income or Indirect Income)

How to Pass Entry

Accounting Voucher -> Select Date -> Select Type of Entry -> Select Receipt Voucher

There are 2 options

1. Pass in Single Entry Mode (which appears by default)

              Select Payment by…..Cash or Bank Name

              Put Receipt from…………(Select Party Name, to Create---Alt C)

2. Pass in Double Entry

          F12 Configure ---> Put Single Entry No --> Put Debit Credit Yes --> Enter Enter or Ctrl A