There is a bill the amount of bill is7760 but I am paid the amount of

This question was asked in How to Pass Payment Entries in Tally

There is a bill the amount of bill is7760 but I am paid the amount of bill is 7450rs

Nikhil Jain

June 2, 2017, 2:49 p.m.

Answers!

Maninder

June 2, 2017, 4:32 p.m.

Hi Nikhil

There Can be 2 Cases

1.Bill Amount is of 7760,Payment is of 7450,Bal you will pay later

Exp Dr 7760

To Party 7760

Party Dr 7450

To Bank 7450

2. Bill Amount is of 7760,Payment is of 7450,Bal you will do not want to pay

Exp Dr 7450

To Party 7450

Here you book expense of net amount

Party Dr 7450

To Bank 7450

Comment

Nikhil Jain

June 2, 2017, 2:50 p.m.

How can I do entry

Comment