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Tag: Voucher Entry
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Mastering Voucher Entry in Tally ERP 9
In Tally ERP 9, voucher entry is the process of recording financial transactions such as payments, receipts, sales, purchases, journal entries, contra entries, debit notes, credit notes, and payment advices. Here’s how to do voucher entry in Tally ERP 9: Steps to Perform Voucher Entry: Enter Voucher Details: Save the Voucher: View or Print Vouchers:…
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Mastering Voucher Entry: Manual Accounting with Three Golden Rules and Examples
Three Golden Rules of Accounting: 1. Debit (Dr.): 2. Credit (Cr.): 3. Dual Aspect: Steps for Voucher Entry (Manual): Step 1: Identify the Transaction: Step 2: Analyze the Transaction: Step 3: Prepare the Voucher: Step 4: Apply Double-Entry: Step 5: Calculate Balances: Step 6: Post to Ledger: Examples of Voucher Entries: Example 1: Cash Purchase…