26 September 2014
how to make in tally when advance given to staff for travelling exp. Then pass (f5) payment mode Ajay A/c Dr 5000 To cash 5000
on receipt of bill of Rs 4000 and cash Rs 1000 then what we can pass (receipt f6) travelling exp. 4000 cash a/c dr 1000 To ajay A/c if ajay give rs 7000 bill then what we can pass through (f5 paymen) travelling exp. 7000 To Ajay 5000 To cash just i want to know (payment mode and receipt mode is correct)
26 September 2014
Entries can be passed the way you have mentioned but it will look awkward, hence it will be advisable to pass entries as under,
One receiving bill pass entry through JV (F7) and pass separate entry on receipt of excess cash (F6) or separate entry for payment of excess expense made (F5), as the case may be.
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