Voucher Entries Part 3 in Tally ERP 9: An Advanced Guide

Voucher Entries Part - 3

Tally ERP 9 is a powerful accounting software that can handle a wide range of financial transactions. In our previous articles, we covered the basics of voucher entries in Tally ERP 9. In this article, we'll be taking a more advanced look at voucher entries in Tally ERP 9.

1. Bank Payment Voucher

Bank payment vouchers are used to record payments made by cheque or online transfer. To create a bank payment voucher in Tally ERP 9, follow these steps:

Step 1: Go to the Gateway of Tally

Step 2: Select "Accounting Vouchers"

Step 3: Select "F5: Payment"

Step 4: Enter the payment details such as the party name, payment amount, and payment mode

Step 5: Select the bank account from which the payment is being made

Step 6: Save the voucher by selecting "Accept"

2. Bank Receipt Voucher

Bank receipt vouchers are used to record payments received by cheque or online transfer. To create a bank receipt voucher in Tally ERP 9, follow these steps:

Step 1: Go to the Gateway of Tally

Step 2: Select "Accounting Vouchers"

Step 3: Select "F6: Receipt"

Step 4: Enter the receipt details such as the party name, receipt amount, and receipt mode

Step 5: Select the bank account in which the payment is being received

Step 6: Save the voucher by selecting "Accept"

3. Journal Voucher

Journal vouchers are used to record transactions that do not involve cash or bank accounts. To create a journal voucher in Tally ERP 9, follow these steps:

Step 1: Go to the Gateway of Tally

Step 2: Select "Accounting Vouchers"

Step 3: Select "F7: Journal"

Step 4: Enter the journal details such as the ledger name and the amount

Step 5: Save the voucher by selecting "Accept"

4. Sales Order Voucher

Sales order vouchers are used to record orders received from customers. To create a sales order voucher in Tally ERP 9, follow these steps:

Step 1: Go to the Gateway of Tally

Step 2: Select "Accounting Vouchers"

Step 3: Select "F8: Sales Order"

Step 4: Enter the sales order details such as the customer name and the order amount

Step 5: Save the voucher by selecting "Accept"

5. Purchase Order Voucher

Purchase order vouchers are used to record orders placed with suppliers. To create a purchase order voucher in Tally ERP 9, follow these steps:

Step 1: Go to the Gateway of Tally

Step 2: Select "Accounting Vouchers"

Step 3: Select "F9: Purchase Order"

Step 4: Enter the purchase order details such as the supplier name and the order amount

Step 5: Save the voucher by selecting "Accept"

Conclusion

In conclusion, voucher entries in Tally ERP 9 can be used to record a wide range of financial transactions. In this article, we covered some of the more advanced voucher types such as bank payment and receipt vouchers, journal vouchers, sales order vouchers, and purchase order vouchers. By mastering voucher entries in Tally ERP 9, you can ensure accurate financial reporting and better manage your business finances.