want to study tally accounting

Page no : 2

suman (accounts) (25 Points)
Replied 12 November 2009

Dear Sir/Madam,

Please, let me know what is accounting entry in tally 7.2 or 9 when i transfer fund One Bank to Other Bank.

Please suggest me with examples.

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M.M.SURANA (Director -Taxation ) (532 Points)
Replied 12 November 2009

U can use F4 for contra . Both the bank should be in Bank Group

Arun Mahajan (Accountant) (36 Points)
Replied 13 November 2009

You need to pass Contra Entry (F4) for Transfer funds from one bank to another bank. Firts it will ask credit account so enter bank name from where funds are transferred and then debit the bank where funds deposited.

Originally posted by :suman
"	Dear Sir/Madam, Please, let me know what is accounting entry in tally 7.2 or 9 when i transfer fund One Bank to Other Bank. Please suggest me with examples.	"