Trimurthy Traders(Proprietor : Mr. Surya Krishnamurthy) - Transaction No.229 of Practice Sheet-12, Receipt Voucher No.16 - Entry in TallyPrime

Practice Sheet - 12 (Transactions for the month of March' 2022)

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 : 01/03/2022 (Transaction No. 229)

Amount received from Radhakrishna Enterprises, Odisha for ₹1,90,000/- through NEFT to Axis Bank Current A/c towards outstanding due and allowed discount for ₹1,282.30

Journal Entry

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

Steps to enter in TallyPrime.

Go to Voucher Entry Screen

Press 'F6' or click on 'F6:Receipt' 

Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction.

Create Ledger Name 'Discount Allowed A/c' under group 'Indirect Expenses'

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

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

Now Voucher Entry for the above transaction is Complete.