TallyPrime - Payment Voucher Entry for Cash Payment

What are the steps of Payment Voucher Entry for Cash Payment ?

• On GOT(Gateway of Tally) Screen, press 'V'
• Press 'F5' if Payment Voucher is inactive/to come to Payment Voucher Mode.
• Press 'F2' to enter Date of Voucher
• Place 'Debit' Ledger Account with amount where 'By/Dr' shows.
• Place 'Credit' Ledger Account with amount where 'To/Cr' shows.
• Press 'Ctrl+A' to accept/save voucher.

Let's follow the below mentioned example steps for better understanding.

Example :

In the Books of 'Mumbai Photography'

Date : 01/05/2023 (Transaction No. 10)

Paid ₹2,315/- to Raja Stationery Shop vide Cash Memo No.986 towards purchase of office stationery.

Journal Entry:

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

Steps to enter in TallyPrime.

On GOT(Gateway of Tally) Screen, press 'V'

Press 'F5' or click on 'F5:Payment' 

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

Create Ledger Name 'Printing & Stationery 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.