Cheque bounce

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Ranjit

Ranjit (Querist)

05 February 2016 What is the journal entry of bounce cheque with bank charge in tally .erp9???

CA Harish Suwalka

CA Harish Suwalka (Expert)

05 February 2016 Bank Charges Ac debit
Debtor account debit
To Bank Account

Bank charges amount + original cheque amount = total of this entry

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)

05 February 2016 Reverse the original entry.
For eg if the original entry was a receipt, then pass a payment entry:
Original Entry:
Bank A/c Dr
To Debtor

Reversal Entry:
Debtor A/c Dr
To Bank A/c

For bank charges:
Bank Charges Dr
To Bank

Ranjit

Ranjit (Querist)

05 February 2016 thank you sir but who will be responsible for the bank charge means who will paid? Can I receive bank charge from the customers whose cheque was bounce

Ranjit

Ranjit (Querist)

05 February 2016 thank you sir but who will be responsible for the bank charge means who will paid. Can I receive bank charge from the particular customers whose cheque was bounce

Ranjit

Ranjit (Querist)

05 February 2016 thank you sir but who will be responsible for the bank charge means who will paid. Can I receive bank charge from the particular customers whose cheque was bounce

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