Trimurthy Traders(Proprietor : Mr. Surya Krishnamurthy) - Transaction No.53 of Practice Sheet-4, Sales Voucher No.4 - Entry in TallyPrime

Practice Sheet - 4 (Transactions for the month of July' 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 : 01/07/2021 (Transaction No. 53)

Goods sold to Jagannath Sales, Odisha for ₹8,25,598.80 as per Invoice No-4.

Item/Product/Taxable Value ₹6,99,660/-, CGST ₹62,969.40 and SGST ₹62,969.40

Total Invoice Value is ₹8,25,598.80(i.e Taxable Value ₹6,99,660 + CGST ₹62,969.40 + SGST ₹62,969.40).

See the Invoice details below.

Project Practice Sheet 4 - Jagannath Sales - Sales Invoice No.4 

Journal Entry

Journal Entry for Credit Sale of Goods to Jagannath Sales, Odisha

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

Steps to enter in TallyPrime.

On GOT Screen, Press 'V' or select and press 'Enter Key' on 'Vouchers'

Press 'F8' or click on 'F8:Sales'

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

Create Party Name 'Jagannath Sales, Odisha A/c' under Group 'Sundry Debtors'

Place Party A/c Name 'Jagannath Sales, Odisha A/c'

Sales Ledger 'Sales A/c'

Stock items  and 'CGST & SGST' Ledgers for this Sales Invoice as mentioned in the image below.

Sales Voucher Entry in TallyPrime

Press 'Ctrl+A' to Accept/Save Voucher.

Now Voucher Entry for the above transaction is complete.

 

Location: Cuttack, Odisha, India

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