Tally entry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 March 2016 dear sir
I am new to tally , plse infm me if a company receives cash as professional receipts , how the entry is to be passed in tally ? Do we have to pass in J.V. as cash a/c dr
to service receipts
or
in receipt voucher as custumer a/c dr
to cash a/c.
Please confirm me .
Thanks a lot

CA Ashish Joshi

CA Ashish Joshi (Expert)
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19 March 2016 The best INITIAL way is to follow the present system of passing entry. Later, you can put your suggestion to your reporting authority whether to pass the entry through JV or Cash voucher based on your filing requirement.
The voucher numbering plays major roll to decide entry source to pass the entry.