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

Journal Entry for Receipt from Sundry Debtor with Discount Allowed.

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.

Receipt 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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