15 December 2011
You have to pass this entry in journal entry only in tally because there is no receipt/payment of cash or cheque/dd just you introducing the bank accounts in the books before going to pass entry you change the accounting options use bank account in journal entries put it as YES then you can pass the entry in tally but the entry is correct. if you not get clarity please call me to 8500541092 i will explain you. OM SAI SRI SAI JAI JAI SAI
15 December 2011
It not a contra entry contra entry accepts only for cash and bank or bank and bank group accounts here capital account neither cash or bank group account OM SAI SRI SAI JAI JAI SAI