589 comments on “How to pass journal Entry in Tally.ERP 9

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  • How pass entry of Travelling advance& than after how to adjust this entry in to travelling exp

  • shaikh abdul says:

    1. Pass Journal Entries in the books of X company.

    X contracting company is awarded a job work for Rs. 10 Lakhs by MSEB Mumbai. Terms of payments 25% advance payments against 100% bank guarantee to be recovered against progress works bills.
    10% retention on final completion of work and 5% retention on completion of maintenance period.

    X company submitted bill to MSEB Mumbai for progress work for month of May’15 for Rs. 2 Lakhs.
    Pass Journal Entries in the books of M/s X company.

    2. Bank Reconciliation
    OD Bank Balance in the books of X contracting company for month of May’15 Rs. 1 Lakhs.
    On receipt of Bank statement
    Loan installment recovered by bank Rs. 10,000.
    OD interest debited by the bank Rs. 1,000/-
    Amount transferred from Mrs X a/c Rs. 5,000/-
    LC payment due Rs. 5,000/- on 01/06/2015 debited by the bank on 31/05/2015
    Cheque issued for Rs. 10,000/- on 31/05/2015 not entered in the books.
    Cheque deposited Rs. 10,000/- on 31/05/2015 not sent for clearing by the banks.
    Prepare reconciliation in the books of company X company.

    please tell me both

  • shaikh abdul says:

    How to pass entry in tally

    1. Pass Journal Entries in the books of X company.

    X contracting company is awarded a job work for Rs. 10 Lakhs by MSEB Mumbai. Terms of payments 25% advance payments against 100% bank guarantee to be recovered against progress works bills.
    10% retention on final completion of work and 5% retention on completion of maintenance period.

    X company submitted bill to MSEB Mumbai for progress work for month of May’15 for Rs. 2 Lakhs.
    Pass Journal Entries in the books of M/s X company.

    2. Bank Reconciliation
    OD Bank Balance in the books of X contracting company for month of May’15 Rs. 1 Lakhs.
    On receipt of Bank statement
    Loan installment recovered by bank Rs. 10,000.
    OD interest debited by the bank Rs. 1,000/-
    Amount transferred from Mrs X a/c Rs. 5,000/-
    LC payment due Rs. 5,000/- on 01/06/2015 debited by the bank on 31/05/2015
    Cheque issued for Rs. 10,000/- on 31/05/2015 not entered in the books.
    Cheque deposited Rs. 10,000/- on 31/05/2015 not sent for clearing by the banks.
    Prepare reconciliation in the books of company X company.

  • Our company received Deposit from our client and we give interest on deposit monthly.
    How to pass J E n tally .

    please mail me solution as shorty.

    Thanking You.

  • Dear Sir,
    how to pass entry of invoices in tally if professional fee mentioned On Invoices & service Tax also mentioned but bifurcation of service tax and profession fees not given & In Which voucher.

    Thank you.

  • Dear Dinesh
    When you received deposit
    Entry Will be
    Dr. Cash/bank
    Cr. Clinet / Deposit Received (Current Liability)

    When you pay the interest
    Dr. Interest on Deposit (Under Indirect Expenses)
    Cr. Cash/Bank

    Best Wihses
    Admin

  • Dear Jyoti,

    If you want to print the invoice in Tally
    You have to pass the entry in sales invoice
    Cr. Party
    Dr. Professional Fees (Under Sales a/c)

    Best Wishes
    Admin

  • Dear Jyoti,

    If you claiming for Service tax then create a separate ledger for Service Tax.
    If you are not getting any claim for service tax club the both professional fees and service tax
    Entry will be for bill received
    Dr. Professional charges (PF and Service Tax )
    Cr. Party

    Best Wishes
    Admin

  • Mesha Fernandes says:

    When sales amount received from debtor in cash how to pass entry for that debtor and the same cash later deposited in the bank . Please guide me

  • Deepak ajiwale says:

    i have one query my question is my brother travellin exps paid by my company through by credit card but what is exastly entry tall erp 9.

  • Khushboo Dubey says:

    salary for tds entry and intnet charges entry in tally erp-9
    my confusion is sevices tax only for jounal entry is
    payment is direct entry not include sevices tax
    pls give me explain with entry jounal and payment

  • I want to know about If car loan has taken in F.Y. 2013 and interest rate and EMI is till deducting from company a/c then how to do entry of EMI and interest in tally erp9 in 2015?
    Please tell me how to do this entry in tally plz plz…………..

  • Dear Prity,

    When you purchase car in 2013 you have passed following entry
    Dr. Car
    Cr Bank Loan a/c

    When the emi deduct from bank
    Dr. Bank loan a/c
    Cr. Bank a/c

    At the end of the year pass interest entry
    Dr. Inter on car loan a/c
    Cr. Bank Loan a/c

    Best Wishes
    Admin

  • Dear Khushboo,

    Are you using Tally.ERP 9 Payroll feature. If you are using payroll feature tds entry will take care by software it self.
    if you are passing manually entry in journal voucher then entry will be
    Dr. Salary
    Cr. TDS on Salary
    Cr Bank/ Salary Payable

    Please explain your doubt about service tax in brief

    Best Wishes
    Admin

  • Dear Deepak

    If you are doing accounts of your company and travelling exp paid for staff or Travelling exp reimbursed to staff for company work purpose then the entry will be
    Dr. Travelling
    Cr. Cash/Bank

    Best Wishes
    Admin

  • Dear Sanjiv

    If any partner deposit cash in business from his personal a/c
    entry is for capital introduced
    Dr. Cash / Bank
    Cr. Partner capital a/c

    Best Wishes
    Admin

  • Sir,
    We purchased machinery from other state against C form paying 2% CST. if we pass it in Journal, the entry will not be reflected in Purchase interstate Ledger. If we pass it in Purchase Ledger it will not reflect in Balance Sheet. So In which way it be entered. Kindly advice me

  • Hi Sir,

    How to pass the entry In tally ERP9 below mention the Details

    Project (Sales)Value 5,58,000,Vat 14.5% on value 85% only i.e(4,74,300)
    474300+68773.5=543074
    5% Retention amount
    how to pass the entry in tally please Explain it

  • suppose i am selling a cctv camera & after few month 1 camera module 7104HGHI-SH is get faulty then it is return by party & sended to service center for repairing purpose (note:- After repaired it should be returning to same party) then how to pass service material entry in tally to maintain record. In & Out Entery.

  • Dear Sai,

    If you received cash while closure of OD Account
    Dr Cash
    Cr Bank OD A/c

    If you received the chq
    Dr. Bank A/c
    Cr. Bank OD A/c

    Best Wishes
    Admin

  • khushboo pandey says:

    Dear Sir,
    can we do journal voucher entry for every entries like commission payable ?

    please explain me about journal voucher

  • PRAVESH JHA says:

    LEGAL AND PROFESSIONAL PAID BY COMPANY BEHALF OF DIRECTOR HOW TO PASSED JOURNAL ENTRY

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