Trimurthy Traders(Proprietor : Mr. Surya Krishnamurthy) - Transaction No.10 of Practice Sheet-1, Payment Voucher No.7 - 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.10)

Amount paid to ABC Roadways vide Chq No-700102 towards transportation charges for ₹1986/-.

Journal Entry

Journal Entry towards Payment of Carriage & Freight Expenses 

Let's know how to enter the above transaction in TallyPrime.

Steps to enter in TallyPrime.

On GOT(Gateway of Tally) Screen

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

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

Press 'F5' or click on 'F5:Payment' to activate Payment Voucher.

Create 'Carriage & Freight A/c' under Group 'Direct Expenses'.

Direct Expenses Ledger creation in TallyPrime.

Select and press 'Enter Key' on 'Carriage & Freight A/c' where 'By/Dr' shows.

Enter Debit amount in 'Debit' column.

Select and press 'Enter Key' on 'Axis Bank Current A/c' where 'To/Cr' shows.

Enter Credit amount in 'Credit' Column.

Write Narration.

Payment Voucher Entry in TallyPrime towards Direct Expenses.

Payment Voucher Entry in TallyPrime towards Direct Expenses.

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

Now Voucher Entry for the above transaction is Complete.

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Location: Cuttack, Odisha, India

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