Our firm has sold some machinery worth 5 lacs. How these entries will be recorded in Tally.
With journal voucher we can pass the entry :-
Buyer A/c Dr.
To Machinery A/c
Then from receipt voucher we can make the following entry :-
Bank A/c Dr.
To Buyer A/c
But how to pass sale of machinery entry through sales voucher, so that sales can be affected in tally and vat could be charged. Pls guide.
Thanks in Advance