Trimurthy Traders(Proprietor : Mr. Surya Krishnamurthy) - Transaction No.5 of Practice Sheet-1, Payment Voucher No.3 - Entry in TallyPrime

Practice Sheet - 1(Transactions for the month of April' 2021)

TRIMURTHY TRADERS

(Prop : Mr. Surya Krishnamurthy) 

Financial Year : 2021-22(April' 2021 to March' 2022)

Assessment Year : 2022-23(April' 2022 to March' 2023)

Date : 01/04/2021 (Transaction No.5)

Purchased Computer from M/s. Computer Point as per Cash Memo No-201 for ₹28,500/-.

Journal Entry

Journal Entry for Purchase of Fixed Asset.

Let's see how to enter the above transaction using TallyPrime Accounting Software.

Steps for entering the transaction.

On the GOT Screen of TallyPrime

Press 'V' or select and press 'Enter' on 'Vouchers'

Press 'F2' to enter Date of Voucher/Date of transaction.

Create 'Computer A/c' under Group 'Fixed Assets', if not available in 'List of Ledger Accounts'.

Place Debit Ledger Account and Credit Ledger Account as mentioned in the image below.

Payment Voucher Entry in TallyPrime.

Enter Debit Ledger Account, where 'By' or 'Dr' shows.

Enter Credit Ledger Account, where 'To' or 'Cr' shows.

Saving Payment Voucher in TallyPrime Accounting Software.

Press 'Y' or 'Enter' to Accept/Save Voucher.

Now the Voucher Entry is Complete for the above transaction.

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Location: Cuttack, Odisha, India

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