Vision Computer Education

Tally Vouchers With Definition and Examples Contra Voucher (F4)      Contra voucher is used when money is transferred from bank account to cash account or vice versa from one bank account to another bank account within the same company for ex. Withdrawal of money from bank account for petty cash use. Ex. On 1 st  April withdraw rs 2000/- from bank account for petty cash use For debit credit mode (double entry mode) Click on f12 configuration set no for use single entry mode for receipt/contra/payment vouchers. Credit: bank acc (bank details, cheque details) Debit: petty cash ( cash-in-hand group) Narration: amount withdrawal for petty cash. Ch. No. 12345 Single entry mode: Account: petty cash (account is the amount which is receiving the amount) Particular: bank(which is giving the amount) Payment Voucher      Payment voucher is used when we pay money to creditor or any other party. Payment can be by cash or through a cheque that is by bank. For e

  Voucher entries Example 1 On 1-4-2022, Mr. Rana paid salaries through cheque for April 2020 to  1) Raj kashap 20000/-  2) Ram Jha 15000/- Voucher: Payment Ledgers: Salaries to staff (under Indirect expenses) Cash Debit: Salaries to staff 25000/-  Credit:  cash (Any bank) 25000/- Example 2 On 3-5-2022, Mr Raghu paid 165000 by cheque (ch.no. 1111) to Rama stationery Against bill no. MA005 Voucher: Payment Ledgers: Rama stationery  Cash Debit: Rama stationery 165000 ( In bill wise details Screen select Agst Ref: Bill num. MA001) Credit: Cash Example 3 On 6-4-2022, Mr. Randhir paid 10500 by cheque towards office rent for April 2022  Voucher: Payment Ledgers: Office rent (Under Indirect expenses) ICICI bank Debit: Office rent Credit: ICICI bank Example 4 On 1-4-2022, Mr. Sharat received advance of 23000/- by cheque from karan Enterprises Against the consultancy contract of 35000 Voucher: Receipt  Ledgers: Kiran Enterprises ( Under sundry Debtors) ICICI Bank Credit: Karan Enterprises D

Contra voucher questions Mr. Raman opens a bank account In BOI bank by depositing 45000 in cash On 2/4/2022 Miss Jyoti Opened new bank account and deposited 542000 by cash Cash deposited into bank 78500 5000 Cash deposited in BOI bank   Rohan Withdraw 1000 cash from HDFC bank Raman Withdraw 52000 cash from his Bank of India Mr. Rajesh Withdraw 26000 cash from  BOI bank for his office use Karuna deposited 15400 cash in ICICI bank Ramesh withdraw 5000 from Federal bank Mr. Khanna opened account in Axis bank and deposited 200000 cash Cash of 84500  deposited  in HDFC bank On 2 April 2022 Ram sharma deposited 750000/- cash into Federal bank by opening a new account. Anisha transfer 4500 from Boi to HDFC Khanna deposited 9800 to ICICI Ratan withdraw cash 7800 from Axis bank Apply simple rules if  increase-debit if decrease-credit. Contra voucher entries

  Payment voucher Mr. Sharm paid conveyance expenses by cash of 25000/- On 1/4/2022, Rajesh paid telephone expenses by cash of 5000/- Nitya paid cash on account 2400/- Paid Riya cash rs. 1200 and discount allowed her 200/- Paid cash for stationary 155 Paid printing and stationary 500 On 1-4-2022 Ram verma paid salaries through ICICI bank cheque no.777 Ram verma paid, 5000 bt cheque(ch.no. 7896) to maharatna stationery Paid cash 4000 towards misc. expenses. Paid electricity charge of 549, on 1-4-2022 Miss. Geetha paid 15000 office rent Mr Raghunath paid mobile and telephone bill amount of 3200 by cheque(ch.no 545) of BOI bank Mr. Reddy paid electricity bill of 780/- by BOI bank Mr Bablu paid salaries for april 2022 by RBI cheque Miss Lannan Paid 15700 for shree travels On 2 april 2022, Reeta withdraw 20000 cash for her personal use Payment voucher entries

 Receipt entries practice questions Mr. Avinash started business by bringing capital of 100000/- in Cash Nadini Started business with capital of 500000/- Received Cash from Raghav 50000/- Received Cash from Vijay Rs.20500 and allowed him discount 450/- On 6-5-2021, Rajesh brings Capital of 25000/- to start his cloth business Received cash 8000/- from  Arjun kumar   Received amount of 22500/- from  Arun jain by cash 10000/- and by axis bank 125000/- on 1st june 2021 Varun sharma received rs of 80000 and by HDFC bank  Received rs.250000 from Ramya by cheque on 1st july 2021 Sun-shine traders received cash of 28600/- by Raghunath reddy Received Cash from Arun Jha 26500/- Vision institude started business with capital of 450000/- Praveen Rathode brings 250000/- in cash to start his Rathode Enterprises  Received commission of 2500/- from Raghunath reddy On jan-5-2022, Rakesh Rao brings capital of 5000000/- To start his business. 👉  Types of Accounts 👉  Golden rules of Accounting 👉  Vouch

Accounting Vouchers Receipt voucher (F6) Payment voucher (F5) Contra voucher (F4) Purchase voucher (F9) Sales Voucher(F8) Debit Note voucher (Ctrl+F9) Credit Note voucher (Ctrl+F8) Journal voucher (F7)  1. Receipt Voucher: When the business owner brings some capital into the business through Cash or from Bank, or any Payment/Advance received from a from debtors by sales invoice or any money receive in account. These types of transactions will be records in Receipt voucher.  2. Payment Voucher: If the payment made by any company through the Bank or Cash these types of transactions will be records in Payment voucher. 3. Contra Voucher: When a person deposits amount into bank or withdraw cash from a bank or transfer amount from one account to another account. These types of transaction will recorded in contra voucher. 4) Purchase Voucher:  Buying Goods for sale or Raw material for manufacturing purpose, These types of entries will be recorded in purchase voucher. 5) Sales Voucher: When pu