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)

 

  1. Pass in Double Entry

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

 

Learn GST, TDS, Excel (with certification)

Go Ad-free
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.