Trimurthy Traders(Proprietor : Mr. Surya Krishnamurthy) - Transaction No.11 of Practice Sheet-2, Purchase Voucher No.2 - Entry in TallyPrime

Practice Sheet - 2 (Transactions for the month of May' 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 : 01/05/2021 (Transaction No.11)

Purchased Goods from Sagar Traders, Odisha as per Invoice No-KA/1052 for ₹10,85,246/-.

Item/Product/Taxable Value ₹9,19,700/-, CGST ₹82,773/- and SGST ₹82,773/-.

Total Invoice Value is ₹10,85,246/-(i.e Taxable Value ₹9,19,700 + CGST ₹82,773 + SGST ₹82,773).

Project Practice Sheet 2 - Sagar Traders - Invoice No.KA/1052

Journal Entry

Journal Entry for Credit purchase of Goods from Sagar Traders.

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

Steps to enter in TallyPrime.

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

Press 'F9' or click on 'F9:Purchase'

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

Create 'Sagar Traders, Odisha A/c' under Group 'Sundry Creditors'

(One can Create Ledger Account by pressing 'Alt+C' on Voucher mode or Create Ledger Account going back to GOT screen - Create - Ledger).

Sundry Creditors Ledger Creation in TallyPrime on Voucher Entry Screen.

Press 'Alt+C' to create Stock Item.

Stock Item Creation in TallyPrime on Voucher Entry Screen

Like wise create all the Five Stock Items available in Invoice No.KA/1052 received from M/s.Sagar Traders, Cuttack, Odisha.

Enter all the five Stock Items

Select and Enter on 'CGST'

Select and Enter on 'SGST'

Purchase Invoice Entry in TallyPrime

Purchase Invoice Entry in TallyPrime

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

Now Voucher Entry is complete for the above transaction.

Press 'Alt+P' to Print/Preview Voucher.

Print Preview Purchase Invoice in TallyPrime
Print Preview Purchase Invoice in TallyPrime

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Location: Cuttack, Odisha, India

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