Type 1: Payment Voucher:
- Purpose: Used to record payments made by the company, such as expenses, utility bills, salaries, etc.
- Example: Payment of electricity bill amounting to ₹5,000.
Type 2: Receipt Voucher:
- Purpose: Used to record any incoming cash or cheques received by the company, including receipts from customers, interest received, etc.
- Example: Receipt of rent from tenant amounting to ₹10,000.
Type 3: Sales Voucher:
- Purpose: Used to record sales transactions where goods or services are sold to customers.
- Example: Sales of goods to ABC Traders amounting to ₹20,000.
Type 4: Purchase Voucher:
- Purpose: Used to record purchases made by the company, including inventory purchases, raw materials, etc.
- Example: Purchase of raw materials from XYZ Suppliers amounting to ₹15,000.
Type 5: Journal Voucher:
- Purpose: Used for any miscellaneous transactions that don’t fit into the other voucher types, such as adjustments, provisions, depreciation entries, etc.
- Example: Recording depreciation expense for the month amounting to ₹2,000.
Type 6: Contra Voucher:
- Purpose: Used to record transactions involving bank accounts or cash, such as bank transfers, cash deposits, cash withdrawals, etc.
- Example: Transfer of funds from Bank Account A to Bank Account B amounting to ₹50,000.
Type 7: Debit Note Voucher:
- Purpose: Used to record transactions where the company receives goods returned from a customer or a supplier, resulting in a debit to the supplier’s account.
- Example: Debit note issued to supplier for returned goods amounting to ₹7,000.
Type 8: Credit Note Voucher:
- Purpose: Used to record transactions where the company returns goods to a supplier or issues a credit to a customer, resulting in a credit to the customer’s account.
- Example: Credit note issued to customer for returned goods amounting to ₹3,000.
Type 9: Payment Advice Voucher:
- Purpose: Used to record payment advices given to parties to facilitate payments, usually used in banking transactions.
- Example: Payment advice issued to a vendor for the upcoming payment.
These examples illustrate the various types of voucher entries available in Tally ERP 9 and their respective purposes in recording financial transactions.