DIGITAL WORLD 2025-26, Transaction No.2, Contra Voucher No.1, Journal Entry and Entry in TallyPrime

Learning Objective from this Post :

  • Journal Entry for Cash Deposit into Bank Account

  • Bank A/c Ledger Creation using TallyPrime

  • Contra Voucher Entry for Cash Deposit into Bank using TallyPrime

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Business Details with Address

Trade Name : DIGITAL WORLD 2025-26

Financial Year 2025-26, Assessment Year 2026-27

Address : Bhubaneswar, Khurda, Odisha, India, PIN - 751001

Constitution/Style of Business : Proprietorship

Nature of Business : Retail and Wholesale Trading of Computer, parts and accessories.

GSTIN - 21ABDAC5162K1ZM

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Date : 01/04/2025 (Transaction No.2)

Opened a Current Account in Bank of India, bearing Account No.00000560077 and Deposited ₹20,000/-.

Journal Entry :

Journal Entry for Cash Deposit into Bank Account

Steps to enter in TallyPrime

On Gateway of Tally Screen,

Select and press 'Enter' on 'Create'

Bank Account Ledger creation in TallyPrime

Select and press 'Enter' on 'Ledger'

Bank Ledger Account Creation in TallyPrime

Fill Bank Account details(Bank Account No, Bank Name and Address etc.)

Under Group 'Bank Accounts(Current Assets)'

Bank Account Ledger Creation in TallyPrime

Press 'Y' or 'Enter' to Accept/Save

Press 'Esc' to return to 'Gateway of Tally(GOT)' Screen

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

Press 'F4' or click on 'F4:Contra' for Contra Voucher Entry 

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

Contra Voucher Entry in TallyPrime

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

Contra Voucher Entry in TallyPrime

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

or 

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

Now Voucher Entry for the above transaction is Complete.


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