Voucher Creation

Types of Vouchers
➢ Contra Voucher (F4)
➢ Payment Voucher (F5)
➢ Receipt Voucher (F6)
➢ Journal Voucher (F7)
➢ Sales Voucher(F8)
➢ Purchase Voucher (F9)
Contra Voucher
➢ Cash a/c to Cash a/c
➢ Cash a/c to Bank a/c
➢ Bank a/c to Cash a/c
➢ Bank a/c to Bank a/c
Payment Voucher
➢ Cash or Bank Paid
➢ All Expenses paid Cash or Bank
➢ Third party Payment
➢ Fixed assets purchase
Receipt Vouchers
➢ Cash or Bank received
➢ All income received cash or bank
➢ Third party payment received
➢ Fixed Assets sales
Journal Vouchers
➢ All adjustment entry
➢ Depreciation adjustment
➢ Outstanding expenses
➢ Bad debts adjustment
Sales Voucher
➢ Cash Sales
➢ Credit Sales
➢ Whole Sales
➢ Retail Sale
➢ Export Sales
Purchase Voucher
➢ Cash Purchase
➢ Credit Purchase
➢ Import Purchase
Activate Inventory Voucher
To work on inventory vouchers, we have to follow the instructions given below:
• Go to Gateway Tally.
• press F11 Feature button.
 • press the F2 button or select the inventory features.
• Integrate Accounts and Inventory – Yes.
• Enable Purchase Order Processing – Yes.
• Enable Sales Order Processing – Yes.
• Use Rejection inward and outward notes – Yes.
• Use Material in and out Vouchers – Yes.
Thus, after all the setting, save the ctrl + A button by press. You’ll inventory
Voucher activate after save.

Tally - Practical problem - 1

Record the following transactions in Tally.

1. Robert commenced a transport business with a capital of ₹ 1,00,000

2. An account was opened with State Bank of India and

deposited ₹ 30,000

3. Purchased furniture by paying cash ₹ 10,000

4. Goods purchased on credit from Mohaideen for ₹ 20,000

5. Cash sales made for ₹ 8,000

6. Goods purchased from Rathinam for ₹ 5,000 and money deposited in

CDM

7. Goods sold to Rony on credit for ₹ 60,000

8. Money withdrawn from bank for office use ₹ 9,000

9. Part payment of ₹ 10,000 made to Mohaideen by cheque

10. Rony made part payment of ₹ 5,000 by cash

11. Salaries paid to staff through ECS ₹ 6,000

12. Wages of ₹ 3,000 paid by cash

13. Purchased stationery from Pandian Ltd. on credit ₹ 4,000

Solution
Step 1: Create a Company
1. To create company
Company Info > Create Company

Type the Name as Robert and keep all other fields as they are and choose ‘Yes’
to accept.
2. To maintain accounts only

Gateway of Tally > F11 Accounting Features > General > Maintain accounts
only: Yes > Accept Yes
Step 2: Ledger Creation
To create ledger accounts
Gateway of Tally > Masters > Accounts Info > Ledgers > Single Ledger > Create
S.No Ledger Name Under

1. Name: Robert’s Capital A/c Capital Account

2. State Bank of India A/c Bank Accounts

3. Furniture A/c Fixed Assets

4. Purchases A/c Purchases

5. Mohaideen A/c Sundry Creditors

6. Sales A/c Sales Account

7. Rony A/c Sundry Debtors

8. Salaries A/c Indirect Expenses

9. Wages A/c Direct Expenses

10. Stationery A/c Indirect Expenses

11. Pandian Ltd. A/c Sundry Creditors

Step 3: Voucher Entry
Gateway of Tally > Transactions > Accounting Vouchers

Voucher Function
S.No Account Particulars Amount Narration
Type Key
Robert’s
Capital A/c
Receipt Capital
1. F6 Cash (Choose from ₹ 1,00,000
voucher introduced
List of Ledger
Accounts)
Contra State Bank Opened bank
2. voucher F4 Cash ₹ 30,000
of India account in SBI
Payment Furniture bought
3. voucher F5 Cash Furniture A/c ₹ 10,000
by cash
Party A/c
Purchase Goods purchased
name:
4. voucher F9 Purchases A/c ₹ 20,000 on credit from
Mohaideen
Mohaideen
A/c
Sales
5. voucher F8 Cash Sales A/c ₹ 8,000 Cash sales made

Purchase Cash purchases

6. voucher F9 Cash Purchases A/c ₹ 5,000
made
Party A/c
Sales
name: Rony Goods sold on
7. voucher F8 Sales A/c ₹ 60,000
A/c credit to Rony

Contra Cash withdrawn

Cash State Bank of
8. voucher F4 ₹ 9,000 from bank
India A/c
Mohaideen Payment made to
Payment State Bank ₹ 10,000
9. F5 A/c Mohaideen by
voucher of India
cheque

Receipt Cash received

10. F6 Cash Rony A/c ₹ 5,000
voucher from Rony

Payment State Bank Salaries paid

11. F5 Salaries A/c ₹ 6,000
voucher of India through ECS

Payment Wages paid by

12. F5 Cash Wages A/c ₹ 3,000
voucher cash
 Amount:
₹ 4,000 Stationery
Journal bought on credit
To Pandian
13. voucher F7 Stationery ₹ 4,000
Ltd. from Pandian
Amount: Ltd.
₹ 4,000

Step 4: To view reports

❖ To view Trial Balance
Gateway of Tally > Reports > Display > Trial Balance > AltF1 (detailed)
❖ To view Profit and Loss Account

F10: A/c Reports > Profit & Loss A/c > AltF1 (detailed)
(or)

Gateway of Tally > Reports > Profit & Loss A/c > AltF1 (detailed)
❖ To view Balance Sheet
F10: A/c Reports > Balance Sheet > AltF1 (detailed)
(or)

Gateway of Tally > Reports > Balance Sheet > AltF1 (detailed)

❖ To view Ratio Analysis

F10: A/c Reports > Ratio Analysis
(or)

Gateway of Tally > Reports > Ratio Analysis

❖ To view Day Book

F10: A/c Reports > Day Book > AltF1 (detailed)

(or)

Gateway of Tally > Reports > Display> Day Book > AltF1 (detailed)
 Practical problem - 2
1. Ashwin Starts business with Rs. 1,00,000/-
2. Purchase Machinery for Rs.50,000 and Furniture for Rs. 10,000/-
3. Paid amount for rent Rs. 1000/-
4. Deposits Rs.10,000/- in SBI Bank
5. Purchase of goods for Rs.20,000 from Mr. Veera on credit
6. Sold goods to For Rs. 10,000 to Mr. Raja on Credit
7. Rs. 5,000/- withdraws from bank for personal use
8. Withdraws Rs. 1000/- for office use.
9. Received cash from Mr. Raja Rs. 5000/-
10. Paid to Mr. Veera Rs. 1000/-

Solution

Ledger Group

Mr. Ashwin Capital Account

Furniture a/c Fixed asset

Machinery a/c Fixed asset

Rent a/c Indirect Expenses

SBI Bank a/c Bank account

Credit Purchase a/c Purchase a/c

Credit sales a/c Sales a/c

Mr. Veera a/c Sundry creditor

Mr. Raja a/c Sundry debtor

Accounting Voucher Entry
`

Shortcut
Entry
key
Ashwin Starts business with Rs. 1,00,000/- F6

Purchase Machinery for Rs.50,000 and Furniture for Rs. 10,000/- F5

Paid amount for rent Rs. 1000/- F5

Deposits Rs.10,000/- in SBI Bank F4

Purchase of goods for Rs.20,000 from Mr. Veera on credit F9

Sold goods to For Rs. 10,000 to Mr. Raja on Credit F8

Rs. 5,000/- withdraws from bank for personal use F5

Withdraws Rs. 1000/- for office use. F4

Received cash from Mr. Raja Rs. 5000/- F6

Paid to Mr. Veera Rs. 1000/- F5