Trimurthy Traders(Proprietor : Mr. Surya Krishnamurthy) - Transaction No.6 of Practice Sheet-1, Payment Voucher No.4 - 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 : 02/04/2021 (Transaction No.6)

Purchased office Stationery from M/s. Lily Stationery as per Cash Memo No-103 for ₹530/-.

Journal Entry

Journal Entry for payment towards stationery expenses

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

Steps for entering the above transaction in TallyPrime.

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 'Printing & Stationery A/c' under Group 'Indirect Expenses', If not available in the List of Ledger Accounts. 

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

Payment Voucher Entry in TallyPrime for Indirect Expenses.

Place Debit Ledger Account(Printing & Stationery A/c) where 'By' or 'Dr' shows.

Place Credit Ledger Account(Cash A/c) where 'To' or 'Cr' shows.

Saving Payment Voucher in TallyPrime.

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

Now Voucher Entry is complete for the above transaction.

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Location: Bhubaneswar, Odisha, India

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